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2,704 m² land plot for sale in Chakvi for $490,000
$490,000
commission-free
₾
$
2 704 m2
land area
area
Listed
Listed
Today, 14:39
Updated
Updated
Today, 14:39
Description
Investment land plot of 2,704 sq. m for sale in a strategic location on the dynamically developing Ivane Meskhi Street in Batumi.
The asset is situated near the airport and the New Boulevard, directly in the premium villas and townhouses neighborhood (Batumi Villas). The city's 4.5 million road infrastructure rehabilitation and a new kindergarten being built nearby make this area an excellent residential ecosystem.
The plot's ideal geometric shape and full utilities provide an opportunity for the immediate development of a highly profitable gated community. For developers, this is a unique chance to secure a spot in Batumi's most in-demand suburban area.
Cadastral codes:
05.32.24.366
05.32.10.028
05.32.24.122
Property ID: 847418
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
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
36 192
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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