Commercial property for sale: 680 m² in Tbilisi, Niabi 2, Aly – $650,000

For sale: a 4-story residential complex in Avlabari, located near the Holy Trinity Cathedral (Sameba) on Niabi Street, 2nd Lane. The building is already constructed; only the courtyard landscaping and official commissioning remain to be completed. This is an investment project offered in black frame condition, providing full flexibility for interior planning. It is possible to build 10–13 apartments ranging from 45 to 55 sq. m, with an option to create 2 penthouses on the top floor. The 680 sq. m plot includes 560 sq. m of living space and a 180 sq. m basement/parking area. The property is ideally suited for a mini-hotel or apart-hotel. Price: $650,000. Do not miss the chance to own this remarkable property! Contact us for more information and to arrange a viewing. Avlabari is one of Tbilisi's oldest and most vibrant districts, becoming increasingly popular with real estate buyers every year. It combines historical heritage, culture, living comfort, and investment potential, making it attractive to both local residents and foreign investors. Advantages of the Avlabari district for real estate purchase: • Central location and convenient infrastructure: Avlabari is in close proximity to the historical center of Tbilisi and major tourist attractions such as Freedom Square, Old Town, and Narikala Fortress. The area offers easy access to any part of the city via excellent transport links, including the metro and public transport. • Cultural and historical heritage: The district is famous for its historical buildings and architectural monuments. One of the main symbols of Avlabari is the majestic Holy Trinity Cathedral (Sameba) — one of the largest Orthodox churches in the world. Walking through its streets allows you to immerse yourself in the atmosphere of old Tbilisi. • Investment potential: Avlabari attracts investors due to its growing popularity among tourists and high rental rates. Properties here are often purchased for rental purposes, especially in the form of apart-hotels or small guest houses. Demand remains consistently high due to its proximity to historical sites and the city center. • Scenic views and green zones: Residents and guests can enjoy magnificent views of the Old Town, the Kura River, and mountain landscapes. The district is surrounded by green areas, parks, and small gardens, creating a pleasant atmosphere for living and relaxation. • Diverse real estate options: Avlabari offers a wide range of real estate: from modern residential complexes and apartments to historic houses and buildings for reconstruction. You can find both luxury housing with city views and options for more budget-friendly investments. • District development: In recent years, infrastructure in Avlabari has been actively developing. New restaurants, cafes, shopping centers, and cultural sites are emerging. Modern residential complexes are being built, making the district attractive for both living and business. • Peace and safety: Despite its proximity to the city center, Avlabari remains a relatively quiet and peaceful neighborhood, making it appealing for families and those seeking a balance between active city life and tranquility. In summary, purchasing real estate in Avlabari is a profitable investment for both living and business. The district stands out for its cultural atmosphere, convenient location, and high investment potential, especially given the continuous growth of tourism in Tbilisi.