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Commercial Property for Sale: 432m² in Tbilisi, Kote Abkhazi Street – $1 500 000

Kote Abkhazi Street
Tbilisi, Krtsanisi District
‍‍4 113 390 ₾
‍9 521 ₾ per m2
$
Hotel
purpose
purpose
432 m2
total area
area
Feature of the layout
Layout
Hotel
Listed
Listed
30 July 2023
Updated
Updated
30 July 2023

Description from the seller

A unique opportunity to purchase a wonderful hotel with a high rating in the heart of the historic center of Tbilisi. This is a unique opportunity to own a spacious 432 m2 building, which consists of 4 floors and has rare features, such as an elevator and its own heating/cooling system, and a 3-Quevry cellar is the oldest way of making wine. The most remarkable thing about this building is its decor. The hotel was built in the style of ancient Georgian ethnic design, creating an atmosphere full of history and tradition. The hotel offers 10 cozy rooms, in each of which guests can enjoy comfort and convenience. In addition to rooms, the hotel has a cooking area and a spacious dining room that can accommodate up to 25 tourists at a time. This is an ideal place to enjoy delicious Georgian dishes in a cozy atmosphere. And for those interested in Georgian wine culture, the hotel has a cellar with guest tables and three Kvevri jugs that are used to make Georgian wine. The hotel attracts regular guests and is ranked high on [link hidden] with a rating of 9.3. The hotel's occupancy rate is an impressive 80% during the year, which indicates its popularity among tourists. Finally, there is potential for further development. It is possible to build another floor where you can create two large rooms, each with its own terrace, or one spacious family room. This opens up new opportunities to attract more guests and increase revenue. Don't miss the opportunity to purchase this beautiful hotel in the historic center of Tbilisi. It combines unique design, amenities and development potential, making it an attractive investment proposition

Building location

Tbilisi, Krtsanisi District,
Kote Abkhazi 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 ‍3 496 381 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
annual interest rate linked to a public
index
from
15,02
%
effective interested rate that linked to a public
index
312 123
payment for
month
4 362 485
total for real
estate

Contact seller

Алексей
Алексей
Agent
Agent
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