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Commercial property for sale: 278 m² in Tbilisi, Idea Avlabari – $460,000

Lech Kaczyński St, 1 korp. 5 (Building 5)
$‍‍460,000
$‍1,655 per m2
commission-free
₾
$
Hotel
property type
property type
278 m2
total area
area
12 floor
out of 13
out of 13
Ceiling height
Ceiling height
3.2 m
Additional
Additional
Balcony, Terrace 40 m2
Listed
Listed
3 days ago
Updated
Updated
3 days ago

Description

A 268 sq. m hotel for sale on Lech Kaczynski Street. This is a fully completed property, ready for immediate operation. The hotel is located on Lech Kaczynski Street, making it attractive for both local and international guests. Its area of 268 square meters is ideal for starting a small to medium-sized hotel business or expanding an existing portfolio. The property is completely finished, meaning no additional investment in construction or renovation is required, and you can start generating income immediately. This is an excellent investment opportunity in a tourist-active and high-demand area.
Property ID: 928571

Building and location

Lech Kaczyński St, 1 korp. 5
Tbilisi, Isani District, Idea Avlabari, Building 5
13 floors
Completed in 2019
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 $‍391,000 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
33 904
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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