1/14

5-room house for sale in Tbilisi, Tina Enukidze 1st Lane — 480 m² for $800,000

$‍‍800,000
$‍1,667 per m2
$
480 m2
house area
area
3 floors
in the house
in the house
Number of rooms
Rooms
5 rooms
Number of bedrooms
Bedrooms
5 bedrooms
Number of bathrooms
Bathrooms
3 bathrooms
Living area
Living area
480 m2
Listed
Listed
Today, 07:47
Updated
Updated
Today, 07:47

Description

Address: 1 Tina Enukidze St. High-yield investment opportunity — an operating hotel complex located in a recreational area near the Tbilisi Sea. The property features a three-story building with a total area of 480 sq. m on a 600 sq. m land plot with a private yard. The hotel is fully operational with a stable customer flow and consistent occupancy, allowing an investor to generate income from day one. The building's structure allows for the addition of a fourth floor, providing significant potential to expand the number of rooms and increase profitability. According to the Tbilisi General Plan, the area is zoned to permit a casino, which significantly broadens commercial possibilities: • hotel business • casino / entertainment complex • mixed-use development • premium segment rebranding Located in one of the city's most promising development zones, this property is exceptionally attractive for long-term investment.
Property ID: 818482ID specified by the author: 818482
Gia Komakhidze
Gia Komakhidze
Agent
Agent
Speaks: ქართული, русский, english

Building and location

Tbilisi, Chugureti District
, Tina Enukidze 1st Lane

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 $‍680,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
59 089
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 house?
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?