Rare opportunity to buy exceptional property in the old town

Location

Central Tbilisi
255 m²
437 m²
$ 1,700,000   /   ₾ 5,049,000

This unique 437 m² building has an outstanding location in the heart of old Tbilisi. It is a rare opportunity to purchase an asset in the core of the capital city.

The building is located over the historical center of the Old Tbilisi, in the corner of Betlemi and Gomi Streets, which are the city's oldest streets. History says that the city of Tbilisi was founded in the mid-5th century. The site showcases the views towards the River Mtkvari overlooking the heart of Tbilisi's famous attractions, including the Narikala Fortress, sulfur baths, churches, museums and traditional Georgian houses with wooden carving balconies.

The site is also next to the main entrance of Tbilisi Botanical Garden, having its diverse flora expanded over 160 acres, with waterfall and beautiful pathways to explore. As such, the development site offers a unique opportunity to use the property for the mixed-use purposes as it is just minutes away from all the attractions Tbilisi has to offer to its guests.


The Freedom Square and the Rustaveli Avenue are within 3 to 4 minutes’ drive from the site (approximately 1.2 km).

About the property

4 Keys Boutique Hotel
Private house with separate entrance
Development potencial:
High-End Hotel
Restaurant
Apartments
Sky-Bar
Private Parking

Subject Property is a standalone building totaling 437 m², that comprises 5 floors with the hotel end residential uses. Besides, there is a large, 53 m² terrace from which visitors can enjoy the fantastic views of the city. Property has great potential to become a business.

Contacts

12 M. Aleksidze Street
King David Business Center (11th floor)
Tbilisi 0193, Georgia

Broker Details: