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Land for sale in Chakvi, 5,080 m² for $700,000

ул. Мемеда Абашидзе
$‍‍700,000
$
5 080 m2
land area
area
Listed
Listed
Today, 12:38
Updated
Updated
Today, 12:43

Description from the seller

For sale ready-to-build investment asset in Tsikhisdziri, Georgia 📍 5,080 m² land plot + approved villa project. A rare prime-coastline development opportunity with guaranteed, permanent panoramic sea views. A fully packaged asset ready for immediate construction. 📍 Project specifications & legal status: • Permits & legal: building permit obtained. All individual cadasters for the future villas are fully registered. Clean title, single owner. • High architectural and commercial flexibility, optimized for both premium retail sales (Build-to-Sell) and high-yield rental operations (Build-to-Rent). Price: $700,000 Installment options are available 📈 An excellent opportunity for developing a premium residential complex, a boutique hotel, or investing in Georgia’s resort real estate market.
Speaks: русский, english

Plot location

ул. Мемеда Абашидзе
Chakvi, Downtown
All listings for sale

Contact seller

Investment property
Investment property
Agent
Agent

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 $‍595,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
52 255
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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