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Commercial space For Sale. Avlabari

1,230,000 $1 m² - 2,085 $
Tsutsqiridze st.
|

Avlabari

10 min

+37477550707 Material: Commercial property 590 m², 12 rooms, in Avlabari, in the center of Tbilisi, with a city view. Please do not copy or post elsewhere. It was available for sale. Description: A hotel for sale in the center of Tbilisi - in the prestigious Ortachala area Avlabari, just a minute's walk from the Holy Trinity Cathedral and near the President's Palace. A tourist zone with a high record - all major attractions are within walking distance. Total area - 590 m². 4 floors + basement, designed for 12 hotel rooms. Eastern panoramic view of the city. Premium-class properties are actively under construction in this area. The project has a calculated architectural design from leading architects. Work on hotel branding and interior decoration is underway. Professional designers with experience working on hotel projects are working on the interior design to ensure stylish and functional solutions. A marketing plan is being prepared for the buyer to promote the hotel. The object is for sale in a white frame condition - only finishing and receiving guests remain. Ideal for investment in the tourism sector, for a hotel in Tbilisi or for commercial real estate in Georgia. Now is the best time to invest in Tbilisi. Georgia is recognized as one of the most promising countries in the real estate market. Major international players, including the Emirati company Emaar, are already actively investing in Tbilisi. According to the National Bank of Georgia's forecast, real estate will increase in value by 10% or more annually, while demand from tourists and investors is steadily rising. In 2024, the number of international travelers reached 7.4 million, of which 5.1 million were tourists. This is a record figure for the country, and the number of tourist visits increased by 9% compared to 2023. Such stable growth in tourism creates favorable and primarily justified investment opportunities in the hotel business now.

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