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5,200 m² land plot for sale in Chakvi for $1,300,000

Grigol Eliava St, 1
$‍‍1,300,000
commission-free
$
5 200 m2
land area
area
Listed
Listed
7 days ago
Updated
Updated
Today, 07:34

Description

Batumi Land Investment: $1.3M entry → potential $3M–3.5M exit in 9–12 months Investment opportunity in Batumi — land development project We are offering an investor the opportunity to acquire a 5,000 m² (50 sotka) land plot in Batumi significantly below the current market price, increase its value through project development and construction permitting, and then resell it as a ready-to-develop investment project. Investment concept The estimated market value of land in this location is approximately $500 per m², which puts the market value of a comparable 5,000 m² plot at around $2.5 million. We have the opportunity to acquire this property at: 💰 Purchase price — $1,300,000 📐 Land area — 5,000 m² / 50 sotka 📍 Batumi, Georgia After the acquisition, our company takes care of the entire development process: land acquisition → development concept → architectural design → approvals → construction permit → preparation for resale. The estimated timeframe is 9–12 months. Investment potential After obtaining the construction permit and completing the project documentation, the asset is no longer simply a land plot — it becomes a ready-to-develop project, making it considerably more attractive to developers. The projected exit value is approximately: $3,000,000–$3,500,000 Indicative project economics: • $1,300,000 — land acquisition • project design and permitting costs — $150,000 • $3,000,000–$3,500,000 — potential resale value • 9–12 months — estimated project timeframe The key advantage is the opportunity to acquire a land asset substantially below the estimated market value and create additional value through development approvals and a construction permit. Our company manages the entire process — from acquisition and project design to obtaining the necessary permits and preparing the project for sale to a developer. Full information, including land documentation, exact location, project calculations, and the detailed investment model, is available to serious investors. Contact us to receive the full investment proposal.
Property ID: 879730
Дмитрий
Дмитрий
Agent
Agent
Speaks: ქართული

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 $‍1,105,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
96 020
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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