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1.1 ha land plot for sale in Chakvi for $8,000,000

David Aghmashenebeli Ave
$‍‍8,000,000
$
11 200 m2
land area
area
Listed
Listed
2 days ago
Updated
Updated
2 days ago

Description

Sale of 100% of the project and the project owning company. World Hotels Elite Kobuleti – an exceptional premium multifunctional complex located on the first line of the Black Sea coast. Subject of the transaction: • acquisition of 100% corporate control over the project owner company • together with the company, the investor receives a comprehensive package of assets, rights, and completed preparatory works required for further project implementation The package includes: • land: an 11,235 sq. m land plot and associated company rights • approved parameters: project concept and agreed maximum height of 162 m • architectural package: master plan and floor-by-floor solutions, facades, layouts, and other architectural materials • structural part: structural calculations and solutions necessary for the high-rise complex implementation • engineering parts: documentation for key technical systems and utilities • expertise and conclusions: a formed package of professional, technical, and regulatory documents • project economics: financial model, unit economics, construction cost estimation, and sales strategy • commercial packaging: presentation materials and a developed concept for international positioning • corporate structure: a company registered in Georgia with consolidated project and land assets
Property ID: 829201
ნინი
ნინი
Agent
Agent
Speaks: ქართული

Plot location

Kobuleti
, David Aghmashenebeli Ave

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 $‍6,800,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
590 893
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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