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Land for sale in Batumi, 4,577 m² for $40,000

Sioni 1st Dead End, 1
$‍‍40,000
commission-free
$
4 577 m2
land area
area
Listed
Listed
Yesterday, 11:15
Updated
Updated
Yesterday, 11:15

Description from the seller

In the municipality of Keda, in the village of Namlisevi (Adjara, Georgia), land plots are offered in a picturesque mountainous area with clean air, panoramic views and the Adjaristskali River nearby. The area is actively developing and has already become part of a popular tourist route: Queen Tamara Bridge, Love Bridge, Mirveti Waterfall and other natural attractions that attract tourists all year round. The total area of the two plots is 4,577 m² (1,138 m² and 3,439 m²). It is possible to purchase the entire area or part — from 1,000 m². The cost varies from $30 to $40 per m²: when buying a minimum plot — $40/m², for a larger volume — from $30/m². Non-agricultural land is available for purchase by foreign citizens. It is possible to connect electricity, gas and water, and a well-maintained asphalt road leads to the plots. For investors and entrepreneurs, this is an opportunity to implement a project in an ecologically clean region of Georgia to create a complex of cottages, glamping, a hotel or a private residence.

Plot location

Batumi
, Sioni 1st Dead End, 1

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 $‍34,000 from the bank
years
months
Mortgage from TBC Bank
from
9,9
%
interest
rate
from
11,93
%
effective interest
rate
≈ $
2 988
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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