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Commercial Property for Sale: 205m² in Tbilisi, Sulkhan-Saba Orbeliani Street, 3 – $123 000

Sulkhan-Saba Orbeliani Street, 3
Tbilisi, Mtatsminda District
‍‍334 651 ₾
‍1 627 ₾ per m2
$
205.58 m2
total area
area
Listed
Listed
22 June 2025
Updated
Updated
22 June 2025

Description from the seller

Historic Attic for Sale – Sulkhan-Saba Street, Tbilisi 📍 3 Sulkhan-Saba St | 205 sq.m | $123,000 A rare opportunity to shape your dream space from scratch in the very center of Old Tbilisi. This 205 sq.m attic sits atop a government-protected historic building on prestigious Sulkhan-Saba Street Located just steps behind Freedom Square metro station, this 205 sq.m attic crowns a government-protected historic building known for its exquisite facade, ornate balcony railings, and classical charm. The building features elegant balconies, carved details, and timeless architecture, making it one of the city’s most iconic addresses Whether you're an investor, a visionary homeowner, or an architect with a dream — this is one of the last chances to own and shape a large-scale property in the historic core of the city. 💰 Price Breakdown: At only $600 per sq.m, this black-frame attic is significantly under market for the area. Renovated apartments in this district often reach $1500–2000+ per sq.m — offering high return potential after renovation. 📈 That’s more than double the return potential after thoughtful restoration or conversion. 🔑 Highlights: Prime Central Location: 1-minute walk from Freedom Square, Rustaveli Avenue, galleries, cafés, embassies, and historical landmarks. Historic Status: The building is recognized as cultural heritage by the state — perfect for those who value architecture and authenticity. Generous Space: 205 square meters of raw attic space with beautiful light and architectural flexibility. Ideal for Residential or Commercial Transformation (subject to permits). ✨ Visionary Potential: Elegant Penthouse Loft Design your dream home with skylights, old-town views, exposed brick, and modern elegance within a historic shell. Boutique Airbnb or Artist’s Residence Turn it into a stylish rental targeting tourists and creatives who seek unique Old Tbilisi stays. Studio, Gallery, or Creative Workspace Ideal for a writer, designer, or artist collective — a sanctuary above the city’s noise. Private Event Venue An exclusive space for salons, art events, and intimate gatherings in the city's most iconic neighborhood. 🏛️ Notes on Renovation: Since the building has historic status, interior reconstruction is possible, while exterior changes require coordination with preservation authorities. High ceilings, visible beams, and traditional window lines give the space character — ideal for restoration with respect to its soul. 📞 Ready to explore it? Contact me today to schedule a private showing and discover how you can own a truly irreplaceable piece of Tbilisi’s architectural heart.
Speaks: english, deutsch, ქართული

Building location

Tbilisi, Mtatsminda District,
Sulkhan-Saba Orbeliani Street, 3

Contact seller

Nina Bughadze
Nina Bughadze
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 ‍284 453 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
25 393
payment for
month
354 914
total for real
estate
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 — TIBR1M. An additional fee for life/property insurance is added to the monthly payment.
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