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

9/24, Irakli Paghava Street
$‍‍950,000
$‍2,375 per m2
$
Hotel
property type
property type
400 m2
total area
area
4 floor
out of 4
out of 4
Listed
Listed
8 November 2024
Updated
Updated
10 February 2026

Description from the seller

For sale: a fully operational 4-story hotel in Tbilisi with a view of the Sameba Cathedral, located in the Avlabari district at Irakli Pagava, 9/24. The hotel spans 400 sq. m and features 10 comfortable rooms, each with an en-suite bathroom, making it ideal for a successful hospitality business. With a total of 10 bathrooms, it ensures a high level of convenience for all guests. Excellent investment opportunity: the hotel is currently running and is situated in the historic Avlabari district, a popular destination for tourists that guarantees a steady flow of clients. The property is close to shops, supermarkets, and pharmacies, providing convenience for both guests and owners. Tbilisi attracts real estate buyers with its blend of cultural richness, developed infrastructure, and economic potential. The city boasts a unique atmosphere where modern life and ancient traditions coexist harmoniously, making it an attractive place for living and investment. Key factors making Tbilisi an attractive real estate destination: 1. Unique atmosphere and architecture. Tbilisi is known for its historic architecture, cozy Old Town streets, picturesque alleys, and terraces that stand alongside modern buildings and complexes. 2. Economic and tourist appeal. Tbilisi is a fast-growing city that attracts tourists year-round thanks to its mild climate, hospitality, and abundant entertainment options. The tourist flow supports high demand for rentals, making property here a sound investment. 3. Accessibility and buyer-friendly terms. Property ownership in Tbilisi is open to foreigners, and prices remain highly competitive compared to other European capitals. Flexible installment plans and mortgages are often available. 4. Developed infrastructure. Tbilisi offers everything needed for a comfortable lifestyle: schools, universities, medical centers, shopping malls, and entertainment hubs. 5. Cultural life and outdoor activities. From festivals and museums to a rich gastronomic scene, Tbilisi offers a vibrant culture. Its proximity to the mountains also allows for hiking and winter sports just a few hours away from the city center. 6. Stability and growth prospects. Real estate in Tbilisi continues to appreciate, making it a promising long-term investment. Sale price: $950,000. Don't miss the chance to own this remarkable property. Contact us for more information and to arrange a viewing. Hotel in Tbilisi, hotel for sale in Avlabari, commercial real estate Tbilisi, hotel business in Georgia, historic district of Tbilisi.
Speaks: ქართული, русский

Building location

Tbilisi, Isani District
, 9/24, Irakli Paghava Street

Contact seller

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

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 $‍807,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
70 917
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — Term SOFR.
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