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1,054 m² land plot for sale in Chakvi for $800,000

Grigol Eliava St, 1
$‍‍800,000
$
1 054 m2
land area
area
Listed
Listed
15 June 2026
Updated
Updated
15 June 2026
Property ID
Property ID
1235640

Description from the seller

Townhouses by the sea — an investment property with high rental potential A complex of townhouses with a total area of 1054 m² is for sale, located near the sea. The property represents an attractive investment opportunity with high yield potential and capital appreciation. Price: 800,000 USD + VAT Special price is valid until the end of the month. Key features: • modern townhouse complex • total area — 1054 m² • 3 floors in each townhouse • 1st and 2nd floors — living areas • 3rd floor — spacious terrace • owner — legal entity • suitable for living, renting, or resale Investment potential The property is ideal for: • long-term rentals • short-term rentals for tourists • creating a boutique complex • establishing an apart-hotel Potential yield: • long-term rental — from 1,000 USD per month per unit • short-term rental — from 100 USD per night Additional investment To upgrade the complex to a premium level, completing the renovation and furnishing is recommended: • approximately 70,000 USD for the entire project • about 8,000 USD per townhouse Upon completion of the works, the property's market value and rental attractiveness can increase significantly. Advantages: • high investment potential • stable rental demand by the sea • spacious terraces • potential for capital growth • suitable for living, leisure, and business • promising asset for passive income Please contact us for further information and to arrange a viewing. ID: 1235640

Plot location

Grigol Eliava St, 1
Batumi, Airport District
All listings for sale

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 $‍680,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
59 089
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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