Land for sale in Tbilisi, 1 ha for $350,000

Vaso Abashidze St
Land for sale in Tbilisi, Mtatsminda District
$‍‍350,000
commission-free
$
10 000 m2
land area
area
Listed
Listed
Today, 08:14
Updated
Updated
Today, 08:14

Description from the seller

Land investment in Batumi We are looking for an investor for a project involving the purchase of a land plot in one of the most liquid areas of Batumi. The plot is located near the sea, close to central infrastructure, commercial facilities, and convenient transport interchanges. Our goal is to purchase the plot, obtain a building permit for a multi-apartment building, and implement one of several project development scenarios. Investment amount: • plot purchase – $300,000 • design and permitting – $50,000 Total investment – $350,000 Our team handles: • transaction management • design works • obtaining permits and documentation • negotiations with developers • full project management The investor participates through financing only. Net profit distribution: 60% to the investor 40% to the management team 3 exit scenarios are possible. Scenario #1 Obtaining permits and selling the plot. After obtaining the permit, the plot value starts from at least $700,000 – $1,000,000. Investment: $350,000 Sale for $700,000: Net profit – $350,000 Investor income (60%) – $210,000 Total investor payout – $560,000 Estimated timeframe: 12 months. Scenario #2 Transferring the plot to a developer for a share of the floor area. After obtaining the permit, a construction company is brought in to build the project at their own expense. Instead of selling the plot, we receive a portion of the space in the finished building. Estimated value of the received area – $1,500,000. Investment: $350,000 Net profit – $1,150,000 Investor income (60%) – $690,000 Total investor payout – $1,040,000 Implementation period: approximately 12–24 months. Scenario #3 Independent construction. After obtaining the permit, the investor can finance the construction by adding another $400,000+ into the build to receive developer profits. Our team provides the full cycle of works: • construction • contractor control • sales of apartments and commercial premises Estimated net project profit after completion and sales – $3,500,000. Return of initial investments – $350,000 – $400,000 Total potential profit to the investor (60%) – $1,650,000 Implementation period: approximately 18–24 months. For investors with larger capital, it is possible to acquire neighboring plots and implement a larger development project with significantly higher profit potential. To receive a presentation, financial model, and property details, please send a private message.
Speaks: русский, türkçe

Plot location

Tbilisi, Mtatsminda District
, Vaso Abashidze St

Contact seller

Камилла
Камилла
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 $‍297,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
26 127
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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