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2-room apartment for sale in Batumi, GWG Batumi — 85 m² for $120,000

$‍‍120,000
$‍1,412 per m2
$
2-room
apartment
apartment
85 m2
total area
area
19 floor
out of 27
out of 27
Number of bedrooms
Bedrooms
1 bedroom
Ceiling height
Ceiling height
3 m
Project
Project
Developer
Developer
Year of construction
Year of construction
2025
Listed
Listed
Yesterday, 05:53
Updated
Updated
Yesterday, 05:53

Description from the seller

🚨 Investment option. A loan secured by real estate with a yield of 30% per annum in dollars! 🏠 The owner of an apartment in Batumi needed money. It attracts only $120,000, while the real market value of the property is $350.000 💰 The investor gives $120,000 for the property, and under the agreement, the seller still has the right to buy the property back for $156,000 within one year. 📑 The deal is officially registered with the Georgian justice system. You become a property owner. What does the investor get: ✔ If the seller buys back: You make $36.000 in profit in 12 months. This is +30% per annum on invested capital. ✔ If the seller does not buy the property: You are left with a property that costs 3 times more than your investment. You can sell it, rent it, live it, or use it in other deals. Why it works: - Urgent need for money from the owner - Real estate secured deal - You are the owner from day one - Full legal support from us 📲 Interested? write a message in WhatsApp with the word “deposit” — I will send you a more detailed commercial offer ⏳ Such offers are rare.
Speaks: русский

More about the house

Grigol Lortkipanidze St, 30
GWG Batumi
27 floors
850 apartments
Under construction
Start in Q2 2021
Completion in Q4 2025

Contact seller

Сергей
Сергей
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 $‍102,000 from the bank
years
months
Mortgage from TBC Bank
from
9,9
%
interest
rate
from
11,93
%
effective interest
rate
≈ $
8 963
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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