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Land for sale in Batumi, 700.00 m² for $750 000

Tsminda Andria Pirveltsodebuli Highway, 92ა
‍‍2 114 572 ₾
0% commission
$
700 m2
land area
area
Listed
Listed
17 December 2024
Updated
Updated
17 December 2024

Description from the seller

Id: 498990 I offer a unique opportunity to invest in a plot of land in the picturesque area of Kvariati, just 50 meters from the beach. This 700 m² plot is located on line zero, which guarantees direct access to the sea and breathtaking panoramic views of both the coast and the mountains. Key features: Excellent location: 50 meters from the sea with direct access to the beach and great views of the Black Sea. Positive income seasonal restaurant: The property has a seasonal restaurant that is already generating a steady income, providing immediate cash flow for the new owner. Ready for construction: A permit is available for the construction of a 26-storey building with an area of 140 m², which offers ample opportunities for various types of development. All utilities are connected: The site has all the necessary communications — electricity, gas, water and internet, which significantly speeds up the process of building or expanding a business. Multifunctionality: An ideal plot for residential or commercial development, with great potential for creating luxury housing, a small hotel or additional dining and entertainment facilities. This is a rare and extremely attractive opportunity for those who want to invest in one of the most popular places on the Black Sea coast. Regardless of whether you want to take advantage of the growth in tourist traffic or build a luxury residential or commercial facility, this site will be an excellent basis for a successful project.

Plot location

Batumi,
Tsminda Andria Pirveltsodebuli Highway, 92ა

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 ‍1 797 386 ₾ from the bank
years
months
Mortgage from TBC Bank
14,5
%
annual interest
rate
161 805
payment for
month
16,97
%
effective interested rate that linked to a public
index
2 258 846
total for real
estate

Contact seller

Oleg Vladimirovich
Oleg Vladimirovich
Agent
Agent
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