1,000 m² land plot for sale in Chakvi for $350,000

$‍‍350,000
commission-free
$
1 000 m2
land area
area
Listed
Listed
Today, 12:56
Updated
Updated
Today, 12:56

Description

Land Investment Opportunity in Batumi We are seeking an investor for a project involving the acquisition of a land plot in one of the most liquid and promising areas of Batumi. The land is located near the sea, close to key city infrastructure, commercial facilities, and convenient transport connections. Our objective is to acquire the land, obtain a construction permit for a residential apartment building, and then proceed with one of several potential development and exit strategies. Investment Required: • land acquisition — $300,000 • design, planning, and obtaining the construction permit — $50,000 Total investment — $350,000 Our Team Is Responsible For: ✓ Managing and completing the acquisition transaction ✓ Architectural design and project development ✓ Obtaining all required permits and approvals ✓ Negotiations with developers and construction companies ✓ Full project management and execution The investor participates solely by providing the required capital. Net Profit Distribution: 60% — Investor 40% — Managing Team There are 3 potential exit strategies. Scenario №1 — Obtain the Construction Permit and Sell the Land. Once the construction permit is obtained, the estimated value of the land is expected to start from approximately $700,000 – $1,000,000. Investment: $350,000 If the land is sold for $700,000: • net profit — $350,000 • investor’s share of profit (60%) — $210,000 • total amount received by the investor — $560,000 Estimated timeframe: 12 months. Scenario №2 — Exchange the Land for a Share of the Completed Development. After obtaining the construction permit, we bring in a construction company that develops the project at its own expense. Instead of selling the land, we receive a share of the completed residential and commercial space in the new building. Estimated market value of the received properties — $1,500,000. Investment: $350,000 • net profit — $1,150,000 • investor’s share of profit (60%) — $690,000 • total amount received by the investor — $1,040,000 Estimated timeframe: 12–24 months. Scenario №3 — Develop the Project Independently. After obtaining the construction permit, the investor may choose to finance the construction by investing an additional $400,000 or more, allowing the investor to participate in the full development profit. Our team manages the entire development cycle: • construction • contractor management and supervision • sales of apartments and commercial premises Estimated net profit after completion of construction and sale of the development — approximately $3,500,000. Return of the initial investment — $350,000 – $400,000 Estimated investor profit (60%) — $1,650,000 Estimated timeframe: 18–24 months. For investors with larger available capital, there is also an opportunity to acquire neighboring land plots and develop a significantly larger real estate project with substantially greater profit potential. For the full presentation, financial model, and detailed information about the property, please send me a private message.
Property ID: 850839
Дмитрий
Дмитрий
Agent
Agent
Speaks: ქართული

Plot location

Batumi St, 16
Batumi, Chakvi, Dreamland Oasis, Block 3
4 floors
Completed in 2015
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 $‍297,500 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
25 852
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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