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Commercial property for sale: 760 m² in Tbilisi, David Aghmashenebeli Ave – $1,200,000

David Aghmashenebeli Ave
$‍‍1,200,000
$‍1,579 per m2
$
Hotel
property type
property type
760 m2
total area
area
3 floor
out of 3
out of 3
Listed
Listed
Today, 08:35
Updated
Updated
Today, 08:35

Description from the seller

A 760 m² hotel for sale on David Agmashenebeli Avenue. This is a unique opportunity to purchase a completed and operating hotel in one of the most prestigious and touristically active districts of Tbilisi. David Agmashenebeli Avenue is known for its historical architecture, renovated buildings, and a variety of cafes, restaurants, and shops, ensuring a constant flow of guests. The hotel is situated in an ideal location with easy access to all the city's main attractions. This property is an excellent investment for both local and international investors seeking a high-yielding business in the real estate sector. The hotel is fully equipped and ready for a new owner to continue its successful operation. Its extensive area of 760 m² allows for numerous rooms, common areas, and services, maximizing its attractiveness for tourists.
Speaks: ქართული, русский, english, türkçe, العربية

Building location

Tbilisi, Didube District
, David Aghmashenebeli Ave

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 $‍1,020,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
89 579
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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