1/14

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

Leila Abashidze Street
$‍‍600,000
$‍1,500 per m2
commission-free
$
Hotel
property type
property type
400 m2
total area
area
Listed
Listed
13 November 2025
Updated
Updated
13 November 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

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
9,9
%
interest
rate
from
11,93
%
effective interest
rate
≈ $
44 813
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.
Do you like this property?
Add to favorites so you will not lose it or send a link to someone who helps you with the choice of housing
How can we improve this page?