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Commercial property for sale: 23.3 m² in Tbilisi, Ivane Machabeli St, 11 – $89,500

Ivane Machabeli St, 11
$‍‍89,500
$‍3,841 per m2
commission-free
$
Hotel
property type
property type
23.3 m2
total area
area
3 floor
out of 3
out of 3
Ceiling height
Ceiling height
3.2 m
Facade property
Facade
Yes
Additional
Additional
Balcony
Listed
Listed
Today, 15:53
Updated
Updated
Today, 15:53

Description

🏠 Studio apartment for sale on Freedom Square 📍 Machabeli st, 11 — in a historic and one of the most sought-after districts of Tbilisi, located between the Olympic Committee and the Writers' House. 📐 23.30 sq. m 🏢 3rd floor / 3 A beautiful studio apartment for sale in a historic building, featuring an exceptional location and high-quality renovation. 🏛 This historic building is scheduled for a full restoration planned by the Tbilisi City Hall. The necessary funds for the restoration have already been paid, and the company to perform the works has already been selected through a tender process. 💎 The apartment is ideal for both personal residence and profitable investment purposes. 🏨 The apartment is currently rented out via Booking and Airbnb while the owner is out of the country, maintaining excellent ratings: ⭐ Booking — 9.3 ⭐ Airbnb — 5.0 📍 The location is particularly attractive for tourist rentals — Freedom Square, Old Tbilisi, famous landmarks, restaurants, and cafes are all within walking distance. 💰 Price: $89,500
Property ID: 833789
Teona
Teona
Agent
Agent
Speaks: русский, english, ქართული

Building and location

Ivane Machabeli St, 11
Tbilisi, Mtatsminda 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 $‍76,075 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
6 611
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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