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3-room apartment for sale in Batumi, Real Palace — 65.5 m² for $69,000

$‍‍69,000
$‍1,053 per m2
$
3-room
apartment
apartment
65.5 m2
total area
area
27 floor
out of 29
out of 29
Number of bedrooms
Bedrooms
2 bedrooms
Number of bathrooms
Bathrooms
1 bathroom
Ceiling height
Ceiling height
3 m
Project
Project
Developer
Developer
Year of construction
Year of construction
2017
Listed
Listed
Yesterday, 08:13
Updated
Updated
Yesterday, 08:13

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 $69,000, while the actual market value of the property is $138,000. 💰 The investor provides $69,000 for the property, and per the agreement, the seller retains the right to buy back the real estate for $99,000 within one year. 📑 The transaction is officially registered with 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 $30,000 profit over 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 liquidity • real estate collateralized transaction • you are the owner from day one • full legal support from our side 📲 Interested? Message "collateral" on WhatsApp, and I will send a more detailed commercial proposal. ⏳ Such offers appear rarely.
Speaks: ქართული

Building location

Batumi, Khimshiashvili District, Real Palace
, Niko Pirosmani St, 18d (Block D)

Contact seller

Ангелина
Ангелина
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 $‍58,650 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
5 151
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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