Commercial Property for Sale: 1200m² in Tbilisi, 5, Martkopi 1st Lane – $1 500 000

5, Martkopi 1st Lane
Tbilisi, Isani District
‍‍4 117 395 ₾
‍3 431 ₾ / m2
GEL
USD
Hotel
purpose
purpose
1 200 m2
total area
area
5 floor
out of 5
out of 5
Feature of the layout
Layout
Hotel
Listed
Listed
8 ნოემბერის 2024
Updated
Updated
18 ნოემბერის 2024

Description from the seller

For sale: a fully operational 5-story hotel "Tato" with an area of 1200 sq.m, located in the heart of Tbilisi, Avlabari district. This cozy hotel with 23 rooms provides comfortable accommodation for both tourists and business travelers. A warm, almost family-like atmosphere makes every guest feel at home. The hotel is fully equipped with everything needed: comfortable beds, modern furniture, free Wi-Fi, and satellite TV. Thanks to its proximity to attractions and transport hubs, as well as stunning city views from the terrace, the hotel enjoys constant demand. Seasonal income reaches $50-70,000 per month, and off-season income is $30-40,000. An excellent investment opportunity: the hotel is functional and located in the historic district of Avlabari, Tbilisi, popular among tourists, ensuring a steady flow of guests. The property is surrounded by shops, supermarkets, and pharmacies, providing convenience for both guests and owners. A fantastic investment opportunity for rental and business in the historic center of Tbilisi. --- Tbilisi attracts real estate buyers with a blend of cultural wealth, developed infrastructure, and economic prospects. The city offers a unique atmosphere, where modern life harmoniously intertwines with ancient traditions, making it attractive for both living and investment. Here are several key factors that make Tbilisi an appealing place to purchase real estate: 1. Unique Atmosphere and Architecture Tbilisi is renowned for its historic architecture, charming streets of the old town, picturesque alleyways, and terraces that coexist with modern buildings and complexes. Many are drawn to the unique mix of historic mansions, fortresses, cozy courtyards, and modern high-rises with panoramic views. 2. Economic and Tourist Appeal Tbilisi is a rapidly growing city, attracting tourists year-round thanks to its mild climate, hospitality, and abundant entertainment and leisure opportunities. Tourist demand sustains high rental property interest, making Tbilisi real estate a sound investment. 3. Affordability and Flexible Purchase Terms Real estate in Tbilisi is accessible to foreigners, and prices remain competitive compared to other European capitals. Flexible installment plans and mortgages are often offered, further enhancing the accessibility of property ownership. 4. Developed Infrastructure and Living Amenities Tbilisi offers all necessities for a comfortable lifestyle: schools, universities, medical centers, shopping and entertainment complexes. The city is also known for its good transport system, which provides easy access to various districts, cultural landmarks, and business centers. 5. Cultural Life and Active Recreation Tbilisi offers a rich cultural life with festivals, museums, theaters, galleries, and excellent gastronomy. The city is also close to the mountains, allowing residents to enjoy mountain sports, hiking, and nature just a few hours 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: $1,500,000. Don’t miss the chance to own this remarkable property. Contact us for more information and to arrange a viewing.

Building location

Tbilisi, Isani District,
5, Martkopi 1st Lane

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
‍3 499 786 ₾ 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
311 771
payment for
month
14,14
%
effective interested rate that linked to a public
index
4 358 861
total for real
estate

Contact seller

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