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Commercial property for sale: 750 m² in Tbilisi, Armazi St, 8 – $900,000

$‍‍900,000
$‍1,200 per m2
commission-free
$
Hotel
property type
property type
750 m2
total area
area
4 floor
out of 4
out of 4
Ceiling height
Ceiling height
3 m
Additional
Additional
Balcony
Listed
Listed
Today, 17:47
Updated
Updated
Today, 17:47

Description from the seller

Hotel for sale in Old Tbilisi in one of the most sought-after locations, near Avlabari metro station. The hotel features 10 rooms, each with its own bathroom and balcony. Additionally, there are 2 storage rooms, a conference space, a dining area, and a reception. The building is constructed on a 160 sq. m plot of land. It consists of 4 floors plus a semi-basement. The bank valuation is $900,000. Price and payment terms are negotiable for serious buyers.
Speaks: ქართული, русский, english

Building and location

Armazi St, 8
Tbilisi, Isani District
All listings for sale

Contact seller

Bidzina Japaridze
Bidzina Japaridze
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 $‍765,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
66 475
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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