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Commercial property for sale: 337.8 m² in Tbilisi, Teleti St, 3 – $880,000

Teleti St, 3
$‍‍880,000
$‍2,605 per m2
$
Hotel
property type
property type
337.77 m2
total area
area
Listed
Listed
Today, 14:10
Updated
Updated
Today, 14:10

Description

A unique investment property for sale in the heart of Tbilisi's tourist zone, near the sulfur baths. This solid 3-story building covers 332 sq. m and includes a full basement and a private yard. The house features 5 independent apartments, each equipped with its own kitchen and bathroom, offering beautiful city views. Its sturdy construction and prime location make it an excellent choice for a boutique hotel or apart-hotel with high yield potential.
Property ID: 796857

Building and location

Teleti St, 3
Tbilisi, Krtsanisi District
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 $‍748,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
64 998
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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