1/43

Commercial property for sale: 520 m² in Tbilisi, Ioseb Grishashvili St, 45 – $710,000

Ioseb Grishashvili St, 45
$‍‍710,000
$‍1,365 per m2
$
Hotel
property type
property type
520 m2
total area
area
5 floor
out of 5
out of 5
Additional
Additional
Terrace 110 m2
Listed
Listed
20 February 2026
Updated
Updated
20 February 2026

Description from the seller

We offer an apart-hotel in Abanotubani. It features 5 floors plus a basement. The basement includes a spa and a billiard room. The hotel is equipped with a smart lock system, allowing guests to check in without an administrator. Operational management is fully optimized – only cleaning services are required. Professionals handled the building's design and layout. Key advantages: • the top floor features a ~110 m² terrace with stunning views of Tbilisi – ideal for a café or lounge • a shared landscaped courtyard • the building is fully renovated and ready for operation Building layout: Basement: spa and billiard area Floors -1 and 1: 1 apartment – 100 m² 2nd floor: 2 apartments – 45 m² + 45 m² 3rd floor: 3 apartments – 22 m², 22 m², 45 m² 4th floor: 2 apartments – 45 m² + 45 m² 5th floor: terrace – 110 m² (with a unique view) The property already generates stable income and represents a turnkey investment product in Tbilisi's growing tourism zone.

Building location

Tbilisi, Krtsanisi District
, Ioseb Grishashvili St, 45

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 $‍603,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
53 001
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.
Do you like this property?
Add to favorites so you will not lose it or send a link to someone who helps you with the choice of housing
How can we improve this page?