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Commercial property for sale: 356 m² in Tbilisi, Irakli Paghava St, 26 – $1,246,000

Irakli Paghava St, 26
$‍‍1,246,000
$‍3,500 per m2
$
Hotel
property type
property type
356 m2
total area
area
2 floor
out of 2
out of 2
Listed
Listed
Today, 18:12
Updated
Updated
Today, 18:12

Description from the seller

Established hospitality business with a 16-year success story An operational 5-room boutique hotel is available for purchase. This is a rare example of a property that has successfully stood the test of time, maintaining stable profitability for nearly two decades. Proven reputation: the property has been active on the market for 16 years. All business processes are fully streamlined, and it boasts a loyal base of repeat guests. Prime location: its advantageous positioning ensures consistently high occupancy rates and the overall liquidity of the real estate asset. Absolute transparency: the owner is prepared to provide full financial statements and a comprehensive history of operational activities. Efficient format: 5 rooms – a business model that is easy to manage and requires minimal staffing costs.
Speaks: english, русский, ქართული

Building and location

Irakli Paghava St, 26
Tbilisi, Isani District
All listings for sale

Contact seller

Angels
Angels
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 $‍1,059,100 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
93 013
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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