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10-room house for sale in Tbilisi, Avlabari Plaza — 600 m² for $990,000

$‍‍990,000
$‍1,650 per m2
₾
$
600 m2
house area
area
4 floors
in the house
in the house
Number of rooms
Rooms
10 rooms
Number of bedrooms
Bedrooms
10 bedrooms
Number of bathrooms
Bathrooms
3 bathrooms
Living area
Living area
600 m2
Additional
Additional
Balcony
Listed
Listed
4 days ago
Updated
Updated
4 days ago

Description

🔥 Urgent Sale: 4-Story Hotel-Style Building in Avlabari | 10 Rooms | Each room features a private bathroom and a balcony. For sale: a fully equipped, 4-story hotel-style building located in Avlabari — one of Tbilisi’s central and most tourist-friendly districts — on Armazi Street, near the Avlabari metro station. The building is currently leased for residential use; however, its layout and infrastructure offer versatile potential for various purposes, such as a hotel, hostel, apart-hotel, private residence, office space, or other commercial use. Key Building Features: • 4 floors • 10 fully furnished guest rooms • Minimum room size: 15 sq. m • Room configurations: 2-bed, 3-bed, and 4-bed options • All rooms feature private bathroom facilities (bath and toilet) • All rooms have balconies • 2 rooms feature French balconies; the others have standard balconies • All rooms are equipped with necessary furniture and appliances • 2 additional utility/service rooms 🛋️ Common Areas: • Ground floor: 60 sq. m reception/lobby area • Lower level (Floor 0): Conference hall with natural lighting • Lower level (Floor 0): Cafeteria/dining area • Building includes a 2-ton water reservoir Quiet Location with Tourist Appeal: The property is situated in a quiet, peaceful setting on a pleasant street in the Avlabari district. The surrounding area consists primarily of hotel-style buildings, further highlighting the location's orientation towards tourism and hospitality. Its proximity to the Avlabari metro station ensures excellent transport accessibility and a convenient connection to Tbilisi's city center. The building is an attractive option both for those wishing to generate rental income and for those seeking a property suitable for use as a hotel, hostel, aparthotel, residence, or office space. Feel free to message anytime Owner
Property ID: 914894

Building and location

Lado Meskhishvili St, 16
Tbilisi, Isani District, Avlabari Plaza, Block A
5 floors
Completed in 2024
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 $‍841,500 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
73 123
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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