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Commercial property for sale: 400 m² in Tbilisi, Leila Abashidze St – $600,000

Leila Abashidze St
$‍‍600,000
$‍1,500 per m2
commission-free
$
Hotel
property type
property type
400 m2
total area
area
Listed
Listed
19 February 2026
Updated
Updated
19 February 2026

Description from the seller

An active hotel/residential complex for sale in a convenient location in Isani. The property features 12 rooms and 1 office. Each room is a studio-type apartment with its own kitchen and bathroom. It currently operates with a 10-year ROI scheme: each room is rented long-term (averaging $300 per month), and tenants pay their own utility bills.

Building location

Tbilisi, Isani District
, Leila Abashidze St

Contact seller

Daniel Avezor
Daniel Avezor
Agent
Agent

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 $‍510,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
44 790
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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