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Commercial property for sale: 1,860 m² in Tbilisi, Tsavkisi St – $2,800,000

Tsavkisi St
$‍‍2,800,000
$‍1,505 per m2
commission-free
₾
$
Hotel
property type
property type
1 860 m2
total area
area
Additional
Additional
Balcony, Terrace
Listed
Listed
Today, 12:18
Updated
Updated
Today, 12:18

Description

Operating hotel for sale in Sololaki. The apart-hotel includes 18 fully equipped units, with the potential to add 6 more apartments (average apartment size is 50 sqm). The 5-story building features a lobby, an outdoor pool on the terrace, a professional laundry on the -1 floor, utility rooms, and an elevator. The terrace offers the best city views. The building is energy-efficient, with heat-resistant foundation, roofing, and aluminum doors and windows. Safety and Equipment: • fire-resistant doors in the hallway and rooms • fire-resistant carpets, curtains, and mattresses • premium appliances (Samsung TVs and Gorenje line, energy class A) • Midea chiller heating and cooling system • individual kitchen, bathroom, and balcony in every apartment • Smarter smart locks installed • fully equipped with internet and telephone networks Each apartment is fully stocked with inventory: dishes, linens, bathrobes, towels, disposable slippers, iron, hairdryer, safe, toaster, microwave, electric kettle, dishwasher, washing machine, coffee machine, decorative items, and premium books. The apart-hotel opened in September 2024, is staffed by professionals, and holds excellent ratings on travel platforms (Booking, Airbnb, etc.).
Property ID: 926470

Building and location

Tbilisi, Mtatsminda District
, Tsavkisi St

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 $‍2,380,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
206 812
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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