Commercial Property for Sale: 400m² in Tbilisi, 9/24, Irakli Paghava Street – $950 000

9/24, Irakli Paghava Street
‍‍2 607 683 ₾
‍6 519 ₾ / m2
GEL
USD
Hotel
purpose
purpose
400 m2
total area
area
4 floor
out of 4
out of 4
Feature of the layout
Layout
Hotel
Listed
Listed
8 ნოემბერის 2024
Updated
Updated
18 ნოემბერის 2024

Description from the seller

For sale: Operating 4-story hotel in Tbilisi with a view of Sameba Cathedral, located in the Avlabari district at 9/24 Irakli Pagava Street. The hotel covers 400 sq.m and features 10 comfortable rooms, each with a private bathroom, making it ideal for a successful hotel business. With 10 bathrooms in total, this property offers a high level of convenience for guests. An excellent investment opportunity: this hotel is fully operational and situated in Tbilisi's historic Avlabari district, a popular tourist destination that ensures a steady flow of clients. Nearby, there are shops, supermarkets, and pharmacies, providing convenience for both guests and owners. Tbilisi attracts property buyers due to its cultural richness, developed infrastructure, and economic prospects. The city offers a unique atmosphere where modern life harmoniously merges with ancient traditions, making it an attractive place for both living and investing. Here are a few key factors that make Tbilisi appealing for real estate investment: 1. Unique Atmosphere and Architecture Tbilisi boasts historical architecture, cozy streets in the old town, picturesque alleys, and terraces alongside modern buildings and complexes. Many people are drawn to the distinctive mix of ancient mansions, fortresses, cozy courtyards, and modern high-rises with panoramic views. 2. Economic and Touristic Appeal Tbilisi is a rapidly growing city, attracting tourists year-round thanks to its mild climate, hospitality, and abundant entertainment and leisure opportunities. The flow of tourists supports high demand for rental properties, making real estate in Tbilisi a solid investment. 3. Accessibility and Flexible Purchase Terms In Tbilisi, real estate is available for purchase by foreigners, and prices remain competitive compared to other European capitals. Flexible payment terms and mortgages are often available, making property purchases even more accessible. 4. Developed Infrastructure and Living Comfort Tbilisi offers everything needed for comfortable living: schools, universities, medical centers, shopping and entertainment complexes. The city is also known for its efficient transportation system, facilitating access to various districts, cultural sites, and business centers. 5. Vibrant Cultural Life and Active Recreation Tbilisi offers a rich cultural life, including festivals, museums, theaters, galleries, and diverse gastronomy. The city is also close to mountains, providing residents with opportunities for mountain sports, hiking, and nature excursions just a few hours from the center. 6. Stability and Growth Prospects Real estate prices in Tbilisi continue to rise, making investment in property a promising long-term venture. Selling price: $950,000. Don't miss the opportunity to own this wonderful property. Contact us for more information and to arrange a viewing. hotel in Tbilisi, hotel for sale in Avlabari, commercial property in Tbilisi, hotel business in Georgia, historic district of Tbilisi.

Building location

Tbilisi,
9/24, Irakli Paghava 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
‍2 216 531 ₾ 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
197 455
payment for
month
14,14
%
effective interested rate that linked to a public
index
2 760 612
total for real
estate

Contact seller

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