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470 m² land plot for sale in Chakvi for $940,000

Gizo Nishnianidze St, 10a
Land for sale in Tbilisi, Mtatsminda District
$‍‍940,000
$
470 m2
land area
area
Listed
Listed
Today, 13:53
Updated
Updated
Today, 13:53

Description

Tbilisi, Sololaki district, Gizo Nishnianidze St. A land plot in the heart of Tbilisi's historic Sololaki district, within walking distance of a 4-star boutique hotel with a pool. A location with strong investment potential: dense historic architecture and growing demand for redevelopment and boutique projects in the area. Notable feature: the house is built directly on a rock foundation – in the lower room, the natural rock has been left exposed as part of the interior. The rock is stable and not eroding. This kind of terrain is a rare architectural feature, especially valued in boutique hotel and designer residence projects where natural stone becomes part of the concept. Interior photos are not included (available on request) – the house needs full renovation; the property's main value lies in the land, location, and historic character of the site. Details: • main plot – 200 sq. m (registered in the cadastre; an older house stands on it) • additional adjoining garden – approx. 270 sq. m (land documents in place; transfer to the new owner completed during the transaction) • total – approx. 470 sq. m of land Potential: this property suits buyers focused on the land and location rather than the current structure – for demolition/renovation, an aparthotel, or a private residence in the historic center. Legal status: shared ownership – two co-owners, both ready to sell and split proceeds. The additional garden plot is being formalized during the transaction (land documents exist; finalization is a short procedure after the first payment is made). Message on WhatsApp – we'll send additional photos, cadastral documents, and answer any questions.
Property ID: 768461
Emzari
Emzari
Agent
Agent
Speaks: ქართული, русский, english

Plot location

Gizo Nishnianidze St, 10a
Tbilisi, Mtatsminda District
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 $‍799,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
69 430
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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