Hotel with Entertainment Facilities In Georgia, Tbilisi

Another investment business opportunity supported by the Georgian government is the Hotel with Entertainment Facilities In Georgia, Tbilisi, which is considered in the Hospitality & Real Estate National Agency of State Property sector, Ministry of Economy and Sustainable Development of Georgia, as we said in the previous article, the Georgian government has a strong investment offer for investors, it has a liberal and free-market-oriented economic policy, access to a 2.3 billion consumer market through its solid FTA network including both EU and China, educated, skilled, and competitively priced workforce, 6 types of low and flat taxes, significantly decreased the number of licenses and permissions, well developed, integrated and multimodal transport infrastructure.

Hotel with Entertainment Facilities In Tbilisi

One of the largest properties available in the city center, the building is located in one of the most prestigious districts in Tbilisi, N 60a Davit Aghmashenebeli Avenue. As one of the centers of the city’s cultural and business life, the district is rich with historical buildings, shops, theatres, and business centers. The property provides a nice view of the Mtkvari River as well.

The property includes buildings of a former clinical hospital. The total area is 20,633 sq. m (cadastral codes: 01.16.05.013.049, 01.16.05.013.054, 01.16.05.013.055) and it is under 100% state ownership.

Given its outstanding site and proximity to Tbilisi’s business, recreational, and entertainment destinations, this property offers an excellent opportunity to develop hotel and entertainment facilities. The property is situated in the area that belongs to Cultural Heritage Zone, therefore, the architectural project and the land development plan should be agreed upon with the Cultural Heritage Protection Council.

As you might know every week we are publishing a new business and investment opportunity with an organized plan on our website to read the other business plans please check our website on Avageorgia.ge and do not hesitate to contact our experienced consultant and Get in touch with us to be able to have more information.