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Commercial property for sale: 500 m² in Tbilisi, Petre Melikishvili St – $1,236,000

Petre Melikishvili St
Tbilisi, Vake District
‍‍3 330 426 ₾
‍6 660 ₾ per m2
$
Hotel
property type
property type
500 m2
total area
area
5 floor
out of 5
out of 5
Additional
Additional
Balcony
Listed
Listed
5 August 2025
Updated
Updated
5 August 2025

Description from the seller

For Sale a 5-story and 14-room operating hotel in the center of Tbilisi, on Melikishvili Avenue, near the Philharmonic Concert hall. It has an individual entrance and an elevator. Solar panels are installed on the roof of the hotel to generate electricity. The balconies offer a beautiful view of the city. There is a cafeteria for hotel guests on the top floor. It also has an attic and a basement.

Building location

Tbilisi, Vake District,
Petre Melikishvili St

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 ‍2 830 862 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
252 712
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 — TIBR1M.
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