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Commercial property for sale: 3,450 m² in Tbilisi, Pavle Ingorokva Street – $15,000,000

Pavle Ingorokva Street
$‍‍15,000,000
$‍4,348 per m2
$
Hotel
property type
property type
3 450 m2
total area
area
5 floor
out of 5
out of 5
Additional
Additional
Balcony, Terrace
Listed
Listed
Today, 10:01
Updated
Updated
Today, 10:01

Description from the seller

The hotel "Gallery Palace Kosher Hotel" is located in one of the most prestigious and beautiful old districts of Tbilisi - Sololaki, two minutes walk from Freedom Square. "Gallery Palace Kosher Hotel" is located in an elegant 5-storey building, which includes 70 rooms of different categories: standard, deluxe, superior and junior. Modern design, free Wi-Fi, LED-TV with international channels, and a climate control system in each room will create all the necessary conditions for a comfortable stay of our guests. The indicated price is subject to additional value added tax (VAT).
Speaks: ქართული, русский, english, türkçe, العربية

Building location

Tbilisi, Mtatsminda District
, Pavle Ingorokva 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 $‍12,750,000 from the bank
years
months
Mortgage from TBC Bank
from
9,9
%
interest
rate
from
11,93
%
effective interest
rate
≈ $
1 120 335
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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