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3.3 ha land plot for sale in Chakvi for $2,000,000

$‍‍2,000,000
$
33 000 m2
land area
area
Listed
Listed
Today, 07:28
Updated
Updated
Today, 07:28

Description

ROI +700% – Cottage Community Development I am looking for a partner to develop a cottage community in Batumi. We have a 3-hectare land plot by the river – one of the last non-agricultural plots in the area. It was acquired at 40% below its appraised value ($1.1M vs. $1.8M). Project: • 50 cottages, 100–150 m² each • full infrastructure: roads, utilities, landscaping • project timeline: 2–3 years Financials: • total project cost — $3.8M • projected sales revenue — $8.8M (conservative estimate) • projected net profit — $5M Partnership Terms: • 50/50 partnership • partner investment required: $2M upfront • your projected profit: $2.5M • ROI: 150% over 2 years • from you: financing only • from us: full turnkey project execution – legal, construction, management, marketing, and sales Location: Batumi, by the river, in a rapidly growing tourism and investment region. We have a detailed financial model, legal documentation, and architectural design ready. We are open to proposals from experienced real estate investors, developers, or entrepreneurs with an understanding of property development. Detailed financials, calculations, and documents are available during a private meeting or video call. Please send your WhatsApp or Telegram contact details to discuss the project further.
Property ID: 841511
Дмитрий
Дмитрий
Agent
Agent
Speaks: ქართული

Plot location

Batumi
, Chorokhi St

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 $‍1,700,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
147 723
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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