1/42

Commercial property for sale: 316 m² in Tbilisi, Vazha Iverieli St, 3, Tsminda Ketevan Dedoflis Ave, 44 – $290,000

Vazha Iverieli St, 3 (Block 1)
$‍‍290,000
$‍918 per m2
commission-free
$
Hotel
property type
property type
316 m2
total area
area
Additional
Additional
Balcony
Listed
Listed
Today, 12:13
Updated
Updated
Today, 12:13

Description

🏨 UNIQUE OPPORTUNITY IN THE HISTORIC CENTER OF SIGHNAGHI — OPERATING HOTEL WITH HIGH TOURIST POTENTIAL URGENT SALE! Located in the historic center of Sighnaghi, on the popular Chavchavadze Street, directly in front of the city wall and near the Ethnographic Garden, Sighnaghi Art Hotel, a fully operational 6-room hotel, is offered for sale together with a commercial shop. The hotel opened in 2018 and has been actively operating in the tourism market. The property is an excellent opportunity both for an owner-operator and as an investment with strong potential for further development. ✨ The property includes: • 6 fully equipped guest rooms • 10 bathrooms • open and operating all year round • heating and air conditioning • balconies • fully equipped kitchen • café with both indoor and outdoor seating areas • staff room • laundry room • 3 storage rooms • Wi-Fi • Smart TVs in every room • furniture and kitchenware • art gallery • newly replaced roof • new windows and doors throughout • commercial shop included in the property 📍 PRIME LOCATION One of the property’s greatest advantages is its exceptional location in the heart of historic Sighnaghi, on Chavchavadze Street, directly in front of the city wall and near the Ethnographic Garden — one of the city’s most attractive areas. The location offers excellent visibility and accessibility for visitors and makes the property suitable for year-round hotel operations. A fully operating hotel business + commercial space + a unique tourist location — all in one property. A rare opportunity to acquire a ready-to-operate hospitality business in Sighnaghi, one of Georgia’s most iconic and popular tourist destinations.
Property ID: 848836

Building and location

Vazha Iverieli St, 3
Tbilisi, Isani District, Block 1
11 floors
Completed in 2020
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 $‍246,500 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
21 420
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.
Do you like this property?
Add to favorites so you will not lose it or send a link to someone who helps you with the choice of housing
How can we improve this page?