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

114, Davit Aghmashenebeli Avenue
Tbilisi, Chugureti District
‍‍4 391 888 ₾
‍5 165 ₾ / m2
GEL
USD
Hotel
purpose
purpose
850 m2
total area
area
Feature of the layout
Layout
Hotel
Listed
Listed
13 November 2024
Updated
Updated
13 November 2024

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,
114, Davit Aghmashenebeli Avenue

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
‍3 733 105 ₾ 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
332 556
payment for
month
14,14
%
effective interested rate that linked to a public
index
4 649 455
total for real
estate

Contact seller

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