5-room house for sale in Tbilisi, Kukuri Chokhonulidze St, 9 — 220 m² for $319,000

An investment property is for sale in the historic Chugureti district, situated on a quiet, intimate street in the center of Tbilisi. Plot area: 134 m² (non-agricultural land status) Existing house (for renovation): 2 floors + basement + attic Renovation project: 220.35 m² total area Planned living area: 192.55 m² Bedrooms: 4 • private courtyard The property’s key advantage is the combination of a central location, a private plot of land, an existing brick house, an intimate courtyard, and a ready-made renovation plan. The house is located on a cozy, quiet street, yet remains within walking distance of Marjanishvili, Aghmashenebeli Avenue, Fabrika, cafes, restaurants, cultural venues, and major tourist routes in central Tbilisi. Renovation Project An architectural renovation plan has been developed for the house, designed to preserve the character of the district's historic architecture. The project envisions a total area of approximately 220 m² across multiple levels, featuring spacious living and communal areas. The current layout includes: • large living room and dining area • kitchen • 4 bedrooms • multiple bathrooms • communal spaces • balconies and open-air areas • private courtyard The architectural concept retains the existing building's primary dimensions, construction materials, and character while adapting it for modern use. The property is suitable either for creating a large private urban residence or for an investment renovation project intended for resale or rental. The property offers significant potential for boutique hospitality. Given its central location in a tourist-friendly area, the building's size, and the presence of a private courtyard, it is well-suited for a concept such as a small boutique hotel, guesthouse, or serviced accommodation — subject to obtaining the necessary permits and zoning approvals. The intimate private courtyard could become a key feature of the property, serving as a green lounge area, a space for guest breakfasts and relaxation, or a small café courtyard. The space already has a unique history: the building was formerly known as Kukuri House, and its courtyard hosted intimate events, lectures, gatherings, and parties. Other short-term rental properties already operate on the same street, further confirming the location's appeal for residential and tourist accommodation. Documentation Property ownership is officially registered. An architectural renovation dossier is available, including floor plans, elevations, cross-sections, and visualizations. The renovation project and building permit application have already been processed through the Tbilisi Architecture Service. Utilities: electricity, gas, water, and sewage connections are in place. A full documentation package, the architectural project, and additional materials are available upon request. Important: Current documentation designates the property as a single-family residential home. Implementing a hotel, restaurant, or other commercial concept requires separate approval.