FOR SALE: Operating Serviced Apartment Complex in Elia, Tbilisi — Stable Rental Income!

An operating serviced apartment complex is offered for sale in the Elia district of Tbilisi, presenting an attractive investment opportunity with established rental income.

Property Highlights:

• Total land area: 755 m².
• Two detached, two-storey buildings.
• Combined building area: approximately 750 m².
• Each building has its own private courtyard.
• Main entrances accessible from two separate streets.
• 12 fully equipped apartments ranging from 35 m² to 110 m².
• A total of 23 rooms, including 15 bedrooms.

The apartments feature various layouts, including studios, one-bedroom and two-bedroom units.

Features & Amenities:

• All apartments are fully furnished and equipped with household appliances.
• Underfloor heating system.
• Hot and cold water storage tanks.
• Beautiful panoramic city views.

Additional Development Potential:

The attic space can be utilized to create either two additional guest rooms or one spacious three-bedroom apartment.

Investment Highlights:

The entire property is currently leased, with existing tenants willing to continue the rental arrangement for at least 3–5 years.

An excellent opportunity to acquire an income-generating hospitality property with established tenants, stable cash flow and additional development potential.