LOCATION: CENTRAL TBILISISITE AREA: 9,200 m²PLANNING: BUILDING PERMIT OBTAINED FOR RESIDENTIAL, HOTEL AND ANCILLARY USESTITLE: FREEHOLD, 100% OWNERSHIP AVAILABLEPRICE: ON REQUESTThis unique 9,200 m² development site has the prominent location in the heart of old Tbilisi. It is a rare opportunity to purchase a large land plot in the core of the capital city having the clear title. Building permit for a boutique hotel and apartments is an added value for the property.The site is located above the historical center of the Old Tbilisi, on Mirza Shafi Street, which is arguably one of the City's oldest streets, where the city of Tbilisi was first founded in the mid-5th century. The site showcases the views towards the River Mtkvari overlooking the heart of Tbilisi's touristic attractions, including the Narikala Fortress, sulfur baths, churches, museums and traditional Georgian houses with wooden carving balconies. The Freedom Square and the Rustaveli Avenue are within 4 to 5 minutes drive from the site (approximately 1.4 km)The site is also adjacent to the main entrance of Tbilisi Botanical Garden, having its diverse flora expanded over 160 acres, with waterfall and beautiful paths to explore. As such, the development site offers unique opportunity to create stunning residences and boutique hotel, just minutes away from all the attractions Tbilisi has to offer to its visitors.