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Commercial property for sale: 299 m² in Tbilisi, Nikoloz Qipshidze St, 20 – $650,000

Nikoloz Qipshidze St, 20
$‍‍650,000
$‍2,174 per m2
commission-free
$
Hotel
property type
property type
299 m2
total area
area
2 floor
out of 8
out of 8
Listed
Listed
15 January 2026
Updated
Updated
4 February 2026

Description from the seller

Hotel for sale, ideal for generating stable income: First floor: • laundry room • 2 garages • 2 parking spaces Second floor: • 9 fully isolated hotel rooms • reception area • kitchen • dining room The property is compact, easy to operate, with no unnecessary space and minimal operating costs. Sale price: 700,000 $ Financial model (conservative): • average room rate: 80 $ / night • average occupancy: 65% (realistic for Vake throughout the year)
Speaks: ქართული, русский

Building location

Tbilisi, Vake District
, Nikoloz Qipshidze St, 20

Contact seller

Tamara Bokuchava
Tamara Bokuchava
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 $‍552,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
48 522
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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