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Commercial property for sale: 1,314 m² in Tbilisi, Pirosmani Square – $450,000

Pirosmani Square
$‍‍450,000
$‍342 per m2
$
1 314 m2
total area
area
1 floor
out of 1
out of 1
Listed
Listed
Today, 09:46
Updated
Updated
Today, 09:46

Description from the seller

A real estate portfolio for sale, comprising 22 properties in the historic center of Tbilisi on Niko Pirosmani Street. The total area of assets is 1,314 sq. m. Pirosmani St, 25: the main part of the portfolio, including 21 mixed-type properties (residential spaces, attics, basements). Cadastral code: 01.16.01.005.011.01.023 Pirosmani St, 42: an additional asset in the form of a 300 sq. m attic space. Cadastral code: 01.16.01.007.002.06.506 The properties are located in the Chugureti district — a high-demand tourist area currently undergoing active urban rehabilitation. This collection of assets represents a ready-made investment package and is ideal for large-scale development projects.
Speaks: ქართული

Building and location

Tbilisi, Chugureti District
, Pirosmani Square

Contact seller

Gega
Gega
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 $‍382,500 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
33 238
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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