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Commercial property for sale: 843 m² in Tbilisi, Iliko Kurkhuli Lane, 4a – $2,500,000

Iliko Kurkhuli Lane, 4a
$‍‍2,500,000
$‍2,966 per m2
$
Hotel
property type
property type
843 m2
total area
area
5 floor
out of 5
out of 5
Listed
Listed
2 March 2026
Updated
Updated
2 March 2026
Property ID
Property ID
321156

Description from the seller

Oz Hotel Premium hotel asset in the center of Tbilisi Ready-to-operate hotel business in one of the Caucasus' most in-demand tourist markets. Oz Hotel is a modern premium-segment hotel located in the historic Avlabari district (Old Tbilisi). The property combines a strategic location, high tourist flow, and a fully established operational model. Strategic Location Advantages: • historic city center • 600 m to Avlabari metro station • 2.3 km to Freedom Square • walking distance to key landmarks • quiet, safe, and prestigious area The location ensures stable occupancy during both peak and off-seasons due to a mix of tourist and business demand. Key Property Characteristics: • year of construction: 2023 • total building area: 843 m² • land plot area: 325 m² (privately owned) • floors: 5 • inventory: 21 rooms • modern elevator • parking in front of the building • monolithic-frame earthquake-resistant construction technology • energy-efficient materials The building fully complies with modern safety, comfort, and operational requirements. Architectural Concept: Modern European architecture harmoniously integrated into the Old Town atmosphere. • panoramic windows • French balconies with decorative railings • premium facade • high visual appeal for short-term rentals The architectural design strengthens the hotel's positioning in the premium segment. Investment Appeal: ✔ operational hotel business ✔ new property with no capital expenditure required ✔ land ownership included ✔ high and sustainable tourist flow ✔ potential for yield growth and capitalization Tbilisi demonstrates steady growth in tourist and investment interest, making hotel real estate in central districts one of the region's most liquid assets. Oz Hotel A turnkey hotel asset with potential for yield growth, scaling, and market value appreciation. ID: 321156
Speaks: ქართული, русский, english

Building location

Tbilisi, Isani District
, Iliko Kurkhuli Lane, 4a

Contact seller

BD Realty
BD Realty
Agent
Agent

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 $‍2,125,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
186 624
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.
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