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1-room apartment for sale in Batumi, Green Cape Botanico — 57.5 m² for $60,000

Baghi 1st Dead End, 21 (Block C)
$‍‍60,000
$‍1,043 per m2
$
1-room
apartment
apartment
57.5 m2
total area
area
5 floor
out of 7
out of 7
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Ceiling height
Ceiling height
3 m
Project
Project
Year of construction
Year of construction
2023
Listed
Listed
Yesterday, 10:58
Updated
Updated
Yesterday, 10:58

Description from the seller

Investment opportunity. Real estate collateralized loan with a 30% annual return in USD! 🏠 A property owner in Batumi is in urgent need of funds. They are seeking only $60,000, while the actual market value of the property is $180,000. 💰 The investor provides $60,000 for the property, and under the contract, the seller retains the right to buy back the real estate for $90,000 within one year. 📑 The transaction is officially registered at the Public Service Hall of Georgia. You become the legal owner of the property. What the investor gains: • if the seller buys back the property: you earn a $30,000 profit in 12 months. This is a +30% annual return on invested capital. • if the seller does not buy back the property: you retain ownership of real estate worth 3 times the invested amount. You can sell it, rent it out, live in it, or use it for other deals. Why this works: • owner's urgent need for liquidity • transaction secured by real estate • you are the owner from day one • full legal support from our side 📲 Interested? Send the word "collateral" via WhatsApp, and I will provide a more detailed commercial proposal ⏳ Such offers are rare.
Speaks: ქართული

Building location

Batumi, Mtsvane Kontskhi, Green Cape Botanico
, Baghi 1st Dead End, 21 (Block C)

Contact seller

Дмитрий Бурмистров
Дмитрий Бурмистров
Agent
Agent

Mortgage for buying real estate

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the seller
GEL
USD
You borrow $‍51,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
4 479
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — Term SOFR.
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