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1 450 000 €

Investment project in Tbilisi, Georgia, 621 sq.m

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  • Investment project in Tbilisi, Georgia, 621 sq.m - picture 1
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  • Investment project in Tbilisi, Georgia, 621 sq.m - picture 4
  • Investment project in Tbilisi, Georgia, 621 sq.m - picture 5
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  • Investment project in Tbilisi, Georgia, 621 sq.m - picture 8
  • Investment project in Tbilisi, Georgia, 621 sq.m - picture 9
  • Property ID on Prian.info: 3759349
    Last update: 09.08.2023
    Number of views: 627

1 450 000 €

Investment project in Tbilisi, Georgia, 621 sq.m

621 sq.m 7% per year
Residence Online Viewing Cryptocurrency payment Credit from 6 for 7 %

  • On the map
  • Property ID on Prian.info: 3759349
    Last update: 09.08.2023
    Number of views: 627

Specifications

Sale price 1 450 000 €
Price per square meter 2 334.94 €
Floor area 621 sq.m
Construction phase New building
Date of construction 2014
Number of storeys 4
Floor 4
Parking 6 places
Address Georgia, Tbilisi, Amaghleba str 30
Location within the city

Additional services

  • Residence permit upon purchase
  • Online viewing is available
  • Cryptocurrency payment is available

Finance

Profitability
Annual return 7 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Crediting assistance
Rate on credit from 6 for 7 %
Investor equity 725 000 €
Finance leverage 50 %
Bank credit sum 725 000 €
Initial fee 725 000 €
Credit term 5 years
Monthly loan service 14 360 €

Description

Best offer in the Historical part of Tbilisi

GENERAL CHARACTERISTICS

  1. 4 storey building in the old part of Tbilisi
  2. On the way to Mtatsminda park
  3. Comfortable parking space right at the entrance of the building
  4. Newly constructed building (in 2014)
  5. Opportunity for development
  6. Land area - 201 sq.m
  7. Building area – 621 sq.m (including restaurant terrace 46 sq.m)
  8. Number of floors – 4 (including zero floor)
  9. Cadastral code – 01.15.05.090.019
  10. Ground floor is the restaurant kitchen, laundry, staff bathroom, staff room, warehouse
  11. On the first floor there is a restaurant with modern and high quality inventory, bar, renovation, bathrooms, terrace and greenery. It is technically fully equipped
  12. On the second and third floors there are two similar apartments, each: 115 sq.m., 3 bedrooms, 2 bathrooms, living room and kitchen. Arranged with furniture and inventory. In order to increase profitability, it is possible to convert them into a hostel with minimal costs.
  13. The roof can be easily converted also into a terrace.
  14. The place is quiet, in the center of the city, close to the Botanical Garden and Mtatsminda Park.

Contacts

Private person
Georgia
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