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1-room apartment for sale in Batumi, Orbi City — 33 m² for $21,000

$‍‍21,000
$‍636 per m2
$
1-room
apartment
apartment
33 m2
total area
area
23 floor
out of 45
out of 45
Number of bedrooms
Bedrooms
1 bedroom
Number of bathrooms
Bathrooms
1 bathroom
Ceiling height
Ceiling height
2.7 m
Project
Project
Developer
Developer
Listed
Listed
Today, 07:27
Updated
Updated
Today, 07:27

Description from the seller

Investment opportunity. Real estate secured loan with a 30% annual return in USD! 🏠 A property owner in Batumi is looking for liquidity. They are raising only $21,000, while the actual market value of the property is $42,000. 💰 The investor provides $21,000 for the property, and under the contract, the seller retains the right to buy the property back for $51,000 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 gets: ✔ If the seller buys back: 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: you keep the property, which is worth twice the invested amount. You can sell it, rent it out, live in it, or use it for other deals. Why it works: • owner's urgent need for cash • real estate collateralized deal • you are the owner from day one • full legal support from our side 📲 Interested? Send the word "collateral" via WhatsApp, and I will send a more detailed commercial proposal. ⏳ Such offers appear rarely.
Speaks: ქართული

Building location

Batumi, Khimshiashvili District, Orbi City
, Sherif Khimshiashvili St, 7b (block A)

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 $‍17,850 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
1 568
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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