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Commercial property for sale: 500 m² in Tbilisi, David Aghmashenebeli Ave, 17 – $750,000

David Aghmashenebeli Ave, 17
$‍‍750,000
$‍1,500 per m2
₾
$
Hotel
property type
property type
500 m2
total area
area
3 floor
out of 3
out of 3
Listed
Listed
1 hour ago
Updated
Updated
1 hour ago

Description

A 17-room hotel is for sale on Agmashenebeli Avenue, one of Tbilisi’s most popular, tourist-oriented, and sought-after locations. Situated in the central part of the city in an area with strong tourist activity and excellent accessibility, the property presents an attractive opportunity for both an experienced hotel operator and an investor. The hotel is currently undergoing a complete renovation and transformation. This gives the new owner a unique opportunity to shape the property according to their own taste, vision, design concept, and business strategy. Key Features: • 17 hotel rooms • prime location on Agmashenebeli Avenue • one of Tbilisi’s most popular and tourist-oriented areas • currently undergoing renovation and full transformation • opportunity to create a unique hotel concept from the ground up • excellent potential for both hotel business development and investment This is a great opportunity for anyone looking to create a distinctive boutique hotel with their own concept and design in one of the most active and attractive tourist areas of Tbilisi.
Property ID: 955858

Building and location

David Aghmashenebeli Ave, 17
Tbilisi, Chugureti 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 $‍637,500 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
55 278
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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