Commercial property for sale: 40 m² in Tbilisi, m² Kazbegi 2 – $210,000

Alexander Kazbegi Ave
$‍‍210,000
$‍5,250 per m2
commission-free
$
Hotel
property type
property type
40 m2
total area
area
8 floor
out of 42
out of 42
Additional
Additional
Balcony
Project
Project
Developer
Developer
Listed
Listed
Yesterday, 12:21
Updated
Updated
Yesterday, 12:21

Description from the seller

A Radisson hotel has been built at 22 Kazbegi Ave, with interior works currently underway. The unit is leased to Radisson for 20 years. The expected income is $2,500 per month or $30,000 per year. Payouts start in one year. However, starting from the day of purchase and during the renovation period, you will receive $1,250 per month (paid annually). Selling at a price lower than the developer's. Currently, the developer has a few units left for $260,000, while I am selling for $210,000. • 40 sq. m • 8th floor of 42 The first 6 floors will house the largest shopping mall featuring top brands and cafes, including Dolce & Gabbana and Cartier. The complex will also feature a Las Vegas-style casino.
Speaks: русский, english, ქართული

Building location

Tbilisi, Saburtalo District, m² Kazbegi 2
, Alexander Kazbegi Ave

Contact seller

Teona
Teona
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 $‍178,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
15 676
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?