Newly Established Hotel for Sale in Tbilisi, Georgia

- This well-maintained hotel in Avlabari offers a prime investment opportunity in a sought-after area of Tbilisi.
- The property features 21 comfortable rooms across six floors, complete with an elevator and essential safety infrastructure.
- The garden and existing parking space enhance the guest experience, with potential for additional parking development. Tangible assets include:
Real estate/premises:
- Freehold land on which the hotel is built. The land is worth about USD 1 million.
- The building with 6 floors (5 above ground, 1 below ground)
- Total built-up area of 843 sq. m. (Just the building is valued at approximately USD 463 thousand at an average value of USD 550 per sq. m. )
- Garden space.
Hotel rooms and infrastructure:
- 21 fully equipped guest rooms.
- Elevators serving all floors.
- Emergency exits.
- Parking facilities.
- Existing parking space with potential for expansion.
- Furniture, fixtures, and equipment.
- Beds, wardrobes, desks, chairs, tables.
- Reception and lobby furniture.
- Kitchen, restaurant, or catering equipment.
- Laundry, cleaning, and maintenance equipment.
All the assets such as the hotel room fixtures and furniture inside the hotel are well worth more than USD 1.1 million and the total asset value is more than USD 2.6 million but the owner wants to sell the entire hotel and its assets for a lower price as he wants the sale to happen as quickly as possible. Completely owned hotel land and building located in Old Town, Tbilisi.
Built-up area: 843 sq. m. of well-utilized space, designed for optimal guest comfort and operational efficiency.
Number of floors: 6 floors in total, 5 above ground and 1 below ground.
Rooms: 21 guest rooms, including standard and premium options.
Elevator: Yes, serving all floors for easy accessibility.
Parking: Yes, with current capacity and the prospect of expanding for additional vehicles.
Emergency Exit: Fully equipped for safety and compliance with local regulations.
Garden: A landscaped garden providing a pleasant outdoor space for guests. The hotel has a clean financial structure with minimal liabilities, making it an attractive opportunity for investors seeking a straightforward acquisition without complicated debt obligations.