Commercial Property for Sale: 650m² in Tbilisi, Kaishauri Street – $950 000

Kaishauri Street
Tbilisi, Isani District
‍‍2 609 792 ₾
‍4 016 ₾ / m2
GEL
USD
Hotel
purpose
purpose
650 m2
total area
area
4 floor
out of 4
out of 4
Feature of the layout
Layout
Hotel
Listed
Listed
7 November 2024
Updated
Updated
18 November 2024

Description from the seller

For sale: A 4-story operational hotel with a total area of 650 sq.m. located in the historic Avlabari district of Tbilisi on Kaishauri Street 20, near the Trinity Cathedral. The hotel includes 10 spacious rooms, each with a private bathroom (a total of 12 bathrooms), and there is potential to increase the number of rooms. The property features a private courtyard of approximately 300 sq.m., a 6x12 m garage, ample parking, a water reservoir, and an 18 kW backup generator to ensure uninterrupted power supply. This is an excellent investment opportunity: the hotel is operational and situated in a prestigious Tbilisi district with convenient access to historic landmarks, making it appealing to both tourists and business travelers. Price is negotiable, and there is an option for a property exchange for other real estate or commercial space with additional payment. The hotel is surrounded by essential amenities, including shops, supermarkets, and pharmacies. Tbilisi attracts real estate buyers with its cultural richness, developed infrastructure, and economic prospects. The city has a unique atmosphere that harmoniously combines modern life with ancient traditions, making it an attractive destination for both living and investment. Here are several key factors that make Tbilisi appealing for real estate purchases: 1. Unique atmosphere and architecture. Tbilisi is known for its historic architecture, charming streets in the old town, picturesque alleys, and terraces that stand alongside modern buildings and complexes. Many are drawn to the unique combination of ancient mansions, fortresses, cozy courtyards, and modern high-rises with panoramic views. 2. Economic and tourist appeal. Tbilisi is a rapidly growing city that attracts tourists year-round thanks to its mild climate, hospitality, and abundant opportunities for entertainment and leisure. The steady stream of tourists supports a high demand for rental properties, making real estate in Tbilisi a sound investment. 3. Accessibility and favorable purchasing terms. In Tbilisi, property purchases are available to foreigners, and prices remain highly competitive compared to other European capitals. Flexible installment terms and mortgages are often available, making real estate even more accessible. 4. Developed infrastructure and conveniences for living. Tbilisi provides everything needed for comfortable living: schools, universities, medical centers, shopping, and entertainment complexes. The city also has a well-developed transport system, making it easy to access various districts, cultural sites, and business centers. 5. Cultural life and active recreation. Tbilisi offers a vibrant cultural scene, including festivals, museums, theaters, galleries, and rich gastronomy. The city is also located near the mountains, giving residents the opportunity to enjoy mountain sports, hiking, and nature just a few hours away from the city center. 6. Stability and growth prospects. Property values in Tbilisi continue to rise, making real estate investments promising in the long term. Sale price: $950,000. Don’t miss the opportunity to own this outstanding property. Contact us for further details and to schedule a viewing.

Building location

Tbilisi, Isani District,
Kaishauri 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
‍2 218 323 ₾ is the amount you borrow from the bank
years
months
I am a citizen of Georgia or have a residence permit
Mortgage from TBC Bank
12,5
%
annual interest
rate
197 615
payment for
month
14,14
%
effective interested rate that linked to a public
index
2 762 849
total for real
estate

Contact seller

Niko
Niko
Realtor of the agency Nko
Realtor of the agency Nko
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