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Commercial property for sale: 250 m² in Telavi, Tamar Mepe St, 25 – $450,000

$‍‍450,000
$‍1,800 per m2
commission-free
$
Hotel
property type
property type
250 m2
total area
area
2 floor
out of 2
out of 2
Additional
Additional
Terrace 900 m2
Listed
Listed
4 days ago
Updated
Updated
4 days ago

Description

Unique investment property for sale in Sighnaghi — Villa Provence Located in the historic center of Sighnaghi, the city of wine and love in Kakheti, at 25 Queen Tamar St., this active tourist complex offers stunning views of the Alazani Valley and the Caucasus Mountains. The property features a hotel, cafe-bar, swimming pool, and a landscaped park — an exceptional opportunity for an investor looking to acquire a turnkey tourism business or develop a new project. Key features: • 250 m² historic building with authentic architecture, fresh renovation, and antique furniture • 3 apartments accommodating up to 12 guests, including a suite with a jacuzzi • cafe-bar with a fully equipped kitchen and a traditional wine cellar (marani) • 9x5 m swimming pool with a modern filtration system • approximately 900 m² of non-agricultural land with a private park and adjacent forest • spacious veranda with panoramic views • fully equipped with inventory, appliances, and security systems Investment potential The venue is ideal for the hospitality business, weddings, corporate events, and private parties. The grounds can accommodate over 100 guests. The existing business generates an estimated monthly income of 40,000 GEL, depending on the season and occupancy. Current staff and social media/Booking pages will be transferred to the new owner. Development opportunity The plot is also attractive for developers. While preserving the historic facade, it is possible to develop a new multi-unit project, such as a concept for approximately 50 studio-type apartments. We offer an active tourism business, historic real estate, and development potential in a single prime location. Detailed information, financial performance, and terms are available upon request.
Property ID: 895104
Tamar Bokuchava
Tamar Bokuchava
Agent
Agent
Speaks: ქართული, русский, english

Building and location

Telavi
, Tamar Mepe St, 25

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 $‍382,500 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
33 238
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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