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Commercial Property for Sale: 140m² in Tbilisi, Shota Gamtsemlidze Street – $380 000

Shota Gamtsemlidze Street
‍‍1 037 407 ₾
‍7 409 ₾ per m2
$
Hotel
property type
property type
140 m2
total area
area
2 floor
out of 2
out of 2
Listed
Listed
12 November 2024
Updated
Updated
21 May 2025

Description from the seller

That sounds like an attractive offer. A hotel in the Chugureti district with 7 rooms and a stable income can be an interesting option for investors, especially given its location near St. Nicholas Church and the German Embassy, which can attract tourists and visitors associated with these places. The hotel has all the necessary amenities for a comfortable stay, including wi-fi. The monthly income from the hotel is 4-5 thousand.

Building location

Tbilisi,
Shota Gamtsemlidze 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
You borrow ‍881 796 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
78 718
payment for
month
1 100 227
total for real
estate
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 — TIBR1M. An additional fee for life/property insurance is added to the monthly payment.

Contact seller

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