1/7

Commercial property for sale: 778 m² in Tbilisi, Downtown Apartments – $1,500,000

Mikheil Tsinamdzghvrishvili St, 115
$‍‍1,500,000
$‍1,928 per m2
$
Hotel
property type
property type
778 m2
total area
area
4 floor
out of 4
out of 4
Ceiling height
Ceiling height
3.5 m
Additional
Additional
Balcony, Terrace
Listed
Listed
Today, 17:09
Updated
Updated
Today, 17:09

Description from the seller

🏨✨ Active hotel business for sale in Chughureti district 📍 Tsinamdzgvrishvili st., Chughureti, Tbilisi A fully operational hotel facility is offered in one of the most popular districts of Tbilisi. 📐 Total building area: 778 sq. m 🌳 Land plot area: 555 sq. m 🔹 3 floors 🔹 Restaurant on the basement floor 🔹 Elevator 🔹 26 rooms, including 20 full hotel suites 🔹 Courtyard parking for 10 cars The property has recently undergone a complete renovation and is equipped with high-end furniture and appliances. ✅ Turnkey business ✅ Excellent technical condition ✅ Prestigious location in the central part of Tbilisi ✅ High investment potential 📈 Currently, the property is leased under a long-term agreement, generating a stable income of 10,500 USD per month. This offer is an excellent opportunity for investors interested in acquiring an established hotel business with active rental cash flow.
Speaks: русский, ქართული, english

Building and location

Mikheil Tsinamdzghvrishvili Street, 113a
Tbilisi, Chugureti District, Downtown Apartments
4 floors
Complete
All listings for sale

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 $‍1,275,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
110 792
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?