Commercial property for sale: 650 m² in Tbilisi, Kaishauri St – $950,000

Operational 4-story hotel for sale with a total area of 650 sq. m in Tbilisi, located in the historic Avlabari district, Kaishauri st, 20, near the Holy Trinity Cathedral. The hotel features 10 spacious rooms, each with an ensuite bathroom (12 bathrooms in total), and offers potential for expanding the number of rooms. The property also includes a private courtyard of approximately 300 sq. m, a 6x12 m garage, ample parking, a water reservoir, and an 18 kW backup generator ensuring an uninterrupted power supply. Excellent investment opportunity: the hotel is fully functional, and its prime location in a prestigious district with easy access to historic landmarks makes it highly attractive for both tourists and business travelers. The price is negotiable, and trade-ins for other real estate or commercial property with an additional payment are also considered. The hotel is situated near all essential infrastructure, including shops, supermarkets, and pharmacies. Tbilisi attracts property buyers with its blend of cultural heritage, developed infrastructure, and economic prospects. The city offers a unique atmosphere where modern life and ancient traditions harmoniously coexist, making it an ideal place for living and investing. Key highlights include: 1. Unique Atmosphere and Architecture. Historic architecture and cozy streets of the Old Town sit alongside modern residential complexes, offering stunning panoramic views. 2. Economic and Tourism Appeal. A fast-growing city with year-round tourism thanks to a mild climate and hospitality, ensuring high rental demand. 3. Accessibility and Favorable Purchase Terms. Real estate is easily accessible to foreigners with competitive pricing compared to other European capitals, often including flexible installment plans. 4. Developed Infrastructure. Home to top schools, universities, medical centers, and a robust transport system connecting cultural and business hubs. 5. Cultural Life and Outdoor Activities. From vibrant festivals and gastronomy to mountain sports and hiking trails just a few hours away from the city center. 6. Growth Prospects. Property values in Tbilisi continue to rise, making it a sound long-term investment. Sale price: $950,000. Don't miss the opportunity to own this remarkable property. Contact us for more information and to schedule a viewing.