Land for sale in Tbilisi, 1,600 m² for $320,000

Turnkey hotel business in one of Georgia's most popular tourist and wine regions. The hotel is already operational and listed on Booking, Airbnb, Expedia, and other platforms. It is a fully functioning, income-generating asset. The property includes 1600 m² of land with central gas connected and all documents in order. Non-residents are eligible to purchase this property as the land is non-agricultural. Current performance metrics: • approximately $44,000 net profit per year • ~$3,650 per month • ~13.7% annual ROI • payback period of about 7 years For Georgia, this is a very strong yield for a turnkey hotel business with land and fully legal status. 📍 Kisiskhevi, Telavi ▪️ 1600 m² ▪️ Designer renovation ▪️ Hotel ❗ Property code – Т174