A hotel that hasn’t even begun to perform.

This newly built 843 m², 5-story property in Avlabari opened its doors — and then ran for only a few months.

Meaning: all the upside, none of the wear and tear.

It’s a fresh, under-utilized asset in one of Tbilisi’s most high-traffic tourist zones, sitting minutes away from the metro, major landmarks, and the historic heart of the city.

Key Numbers That Matter

• 843 m² total area

• 2024 construction — brand new

• 5 floors with elevator access

• 21 fully equipped rooms

• Climate control: air-conditioning + central heating

• Designed for 50 guests

• 5–6 parking spaces (expandable potential)

Operational Advantages

• Generator installed — uninterrupted electricity

• Full security system already in place

• Fire safety + surveillance ready

• All rooms unused enough to feel new

• Designed for fast scaling (tour groups, families, weekend travelers)

Location Strength

You’re in Avlabari, one of the fastest-rising tourist hubs in Tbilisi:

• 3 minutes to public transport

• Steps from Old Tbilisi, Rike Park, Holy Trinity Cathedral, and key attractions

• High visibility

• High foot traffic

• High year-round demand

This is the part of the city where hotels rarely sit empty — and where brand-new inventory is extremely rare.

Why Investors Should Pay Attention

• It’s new construction → zero renovation losses

• It’s near operational-ready → minimal setup time

• It ran only a few months → you’re buying a young asset with no history of mismanagement

• Perfect for boutique branding, apart-hotel conversion, or hybrid stay model

• Strong demand from tourists + remote workers + long-stay guests

The Real Opportunity

Most hotels you buy are old and tired.

This one is new, underused, and sitting in the middle of a tourist engine.

It’s ready for a buyer who understands momentum, location leverage, and the power of being early.