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Commercial property for sale: 500 m² in Mtskheta, Demetre Tavdadebuli, 5A – $1,600,000

$‍‍1,600,000
$‍3,200 per m2
$
Cafe
property type
property type
500 m2
total area
area
3 floor
out of 3
out of 3
Additional
Additional
Balcony, Terrace 36 m2
Listed
Listed
7 days ago
Updated
Updated
7 days ago

Description

An irreplaceable riverside investment opportunity in Georgia’s ancient capital A unique freehold hospitality property situated in the heart of Mtskheta, Georgia — one of the world's oldest continuously inhabited cities and a UNESCO World Heritage destination. We would like to introduce this rare off-market investment opportunity for consideration by your international investor network. The property enjoys a unique riverfront setting with exceptional panoramic views of both the UNESCO-listed Svetitskhoveli Cathedral and Jvari Monastery. This combination of location, ownership, and operating business makes it one of the most distinctive hospitality investment opportunities currently available in Georgia. When we purchased the property, it required complete restoration. After an extensive six-month renovation completed in 2018, it was successfully transformed into a thriving hospitality venue. While the business is fully operational, I believe the property's true value lies in its exceptional location and its long-term investment potential. Opportunities to acquire privately owned riverfront commercial real estate overlooking both of Mtskheta's most important landmarks are extraordinarily rare. Investment highlights: • freehold commercial property • approximately 500 m² • established hospitality operation • prime riverfront location • views of Svetitskhoveli Cathedral and Jvari Monastery • exceptional redevelopment potential • strong tourism-driven investment fundamentals We are seeking a strategic buyer who recognises the long-term value of an irreplaceable location, rather than simply purchasing an existing business. If you believe this opportunity may be suitable for your clients or investors, we would be delighted to provide a detailed Investment Memorandum, financial information, title deed, and photography.
Property ID: 844388
adacafe Mtskheta
adacafe Mtskheta
Owner
Owner
Speaks: ქართული

Building and location

Demetre Tavdadebuli, 5A
Mtskheta
All listings for sale

Mortgage for buying real estate

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the seller
GEL
USD
You borrow $‍1,360,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
118 179
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — Term SOFR.
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