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Commercial Property for Sale: 400m² in Tbilisi, Leila Abashidze Street – $600 000

Leila Abashidze Street
Tbilisi, Isani District
‍‍1 651 338 ₾
‍4 128 ₾ per m2
0% commission
$
Hotel
purpose
purpose
400 m2
total area
area
Feature of the layout
Layout
Hotel
Listed
Listed
9 апреля 2025
Updated
Updated
9 апреля 2025

Description from the seller

Existing hotel/residential complex for sale in Isani, in a convenient location. The hotel has 12 rooms and 1 office. Each room is a studio-type apartment with its own kitchen and a sauna. With a knot. Currently, it operates under the following scheme, which has a 10-year payback period: each room is rented for a long period (on average $300 per month), and the tenant himself pays utility bills.

Building location

Tbilisi, Isani District,
Leila Abashidze Street

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 ‍1 403 637 ₾ from the bank
years
months
Mortgage from TBC Bank
14,5
%
annual interest
rate
126 359
payment for
month
16,97
%
effective interested rate that linked to a public
index
1 764 009
total for real
estate

Contact seller

Daniel Avezor
Daniel Avezor
Agent
Agent
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