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Land for sale in Batumi, 2,082 m² for $950,000

Tamar Mepe IV Lane, No. 8, Makhinjauri, 8
$‍‍950,000
commission-free
$
2 082 m2
land area
area
Listed
Listed
5 აპრილის 2026
Updated
Updated
15 აპრილის 2026

Description from the seller

All permits, zoning conversions, and architectural approvals are in hand, eliminating up to eighteen months of paperwork. You step in at the action phase, not the waiting room. Authorities have endorsed a generous 5,163 sq. m buildable area on a 2,082 sq. m plot, with K1 and K2 ratios already certified — maximizing volume while preserving forty percent green space. The 11-floor design rises above neighboring structures, channeling panoramic Black Sea horizons to every unit; tiered facades and strategic setbacks guarantee no obstruction of those priceless views. This offer delivers an immediate 140% value uplift relative to original land acquisition and permitting costs. The asset includes a fully approved, shovel-ready eleven-floor development blueprint with protected sea views, significantly reducing development risk and timeline. From an investment perspective, this represents a low-friction entry point into a high-demand coastal market, combining capital appreciation potential with rapid project mobilization. Sellers benefit from a clean and swift exit, while investors secure a strategically de-risked, high-margin development opportunity.
Ilham Mirzaliyev
Ilham Mirzaliyev
Owner
Owner
Speaks: ქართული

Plot location

Batumi, Mtsvane Kontskhi
, Tamar Mepe IV Lane, No. 8, Makhinjauri, 8

Contact seller

Ilham Mirzaliyev
Ilham Mirzaliyev
Owner
Owner

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 $‍807,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
70 917
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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