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Commercial Property for Sale: 850m² in Tbilisi, Davit Aghmashenebeli Avenue, 114 – $1 600 000

Davit Aghmashenebeli Avenue, 114
Tbilisi, Chugureti District
‍‍4 353 184 ₾
‍5 120 ₾ per m2
$
Hotel
property type
property type
850 m2
total area
area
Listed
Listed
13 November 2024
Updated
Updated
25 June 2025

Description from the seller

This hotel really creates a cozy atmosphere in the very center of Tbilisi. It will be convenient for guests staying here to explore the area, as the nearest metro is just an 8-minute walk away, and Tbilisi Zoo is 2 km away. The rooms are decorated in vintage style and each of them is equipped with everything you need for a comfortable stay, including Wi-Fi, a mini fridge, a flat-screen TV and a seating area. Some rooms have furnished balconies and hydromassage showers. Moreover, 24-hour room service ensures convenience for guests. The hotel serves a buffet breakfast in a cozy dining room with a fireplace creating a warm atmosphere. The first floor was purchased recently to install an elevator, and there is also a 0th floor. At the moment, there are 21 rooms in operation. (with the added area, you will get 25 rooms) At the moment, they are functioning and generate an income of about $10,000 per month. There is also a courtyard at the back of the building.

Building location

Tbilisi, Chugureti District,
Davit Aghmashenebeli Avenue, 114

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 ‍3 700 206 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
330 319
payment for
month
4 616 806
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.
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