2,374 m² land plot for sale in Chakvi for $520,000

Investment project for sale: townhouse complex construction (non-agricultural land, 23.7 acres) in Akhalsofeli / Batumi — $520,000 Ready-to-build development project with a 2,374 sqm land plot (non-agricultural status) and approved municipal development conditions (GAP) for a cottage community / townhouses in an eco-friendly area of Batumi — Akhalsofeli (62b Avgii St.). Are you looking for a fully shovel-ready object with calculated economics and no legal risks? The land has been converted to non-agricultural status, allowing ownership by citizens of any country or foreign companies, and immediate progression to the final building permit stage. The project was developed by a professional bureau and includes a master plan for 16 gated units/townhouses with a private secured territory, shared pool, parking, and infrastructure. Location: Batumi, 62b Avgii Street (Akhalsofeli / Gonio area, 5 minutes to the sea). Plot area: 2,374 sqm (23.74 acres). Cadastral code: 05.36.31.087. Land status: non-agricultural (foreign ownership allowed, fast-track construction permit). Document status: approved land-use conditions for individual residential houses / townhouses (GAP valid until July 2026). Development project: 16 terraced houses (townhouses), 3 floors high + rooftop terrace with views. Infrastructure: outdoor pool, landscaped grounds, parking spaces for each unit, convenient access. Project price: $520,000 (approx. $219 per sqm of non-agricultural land including the project). Financial and economic calculation: • total investment (CAPEX): ~$2,200,000 – $2,300,000 (includes plot and project purchase for $520,000 + construction of ~3,200 sqm at $450–$500/sqm + utilities, landscaping, and pool) • projected revenue: ~$4,200,000 – $4,800,000 (based on average market prices for finished townhouses in the Gonio/Akhalsofeli area from $1,300 to $1,600 per sqm) • developer's net profit: ~$1,900,000 – $2,500,000 • return on investment (ROI): 85% – 105% for the full project cycle (1.5 – 2 years) • sales margin: 45% – 52% Investment benefits: • legal clarity and non-agricultural status. The land is fully exempt from agricultural restrictions, ensuring safe foreign investment and rapid final construction permitting. • premium concept. High-demand format of 3-story townhouses with 4 bedrooms, private balconies, and open rooftop terraces. • high profitability. The project demonstrates a potential capital doubling (ROI up to 105%) due to the high liquidity of townhouses on the coast. • eco-location. The Akhalsofeli / Gonio area is famous for its clean sea and mountain air, quality water, and quick access to Batumi city center. A full set of design and estimate documentation, urban planning conditions, financial model, and land documents are available upon request. Call or message for detailed information, architectural drawings, and to arrange a presentation. WhatsApp, Telegram