Commercial property for sale: 112 m² in Tbilisi, David Aghmashenebeli Ave – $295,000

David Aghmashenebeli Ave
$‍‍295,000
$‍2,634 per m2
commission-free
$
112 m2
total area
area
1 floor
out of 2
out of 2
Ceiling height
Ceiling height
4 m
Listed
Listed
Today, 14:25
Updated
Updated
Today, 14:25

Description

🏢 Unique commercial space in the center of Tbilisi 📐 112 sq. m 💰 295 000 $ Rental potential — from 3 000 $ per month Annual income — from 36 000 $ Yield — approximately 12.2% per year Estimated value of the property after renovation — 400 000–450 000 $. A rare and truly strong investment opportunity 🔥
Property ID: 882372

Building and location

Tbilisi, Chugureti District
, David Aghmashenebeli Ave

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 $‍250,750 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
21 789
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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