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1.2 ha land plot for sale in Chakvi for $1,207,200

Tamar Mepe St
$‍‍1,207,200
₾
$
12 000 m2
land area
area
Listed
Listed
Today, 14:27
Updated
Updated
Today, 14:27

Description

Investment land plot for development. A 12,072 sqm non-agricultural land plot with flat terrain for sale, ideal for constructing a residential community or a villa complex. Main advantages: • Non-agricultural status – can be purchased and developed by both Georgian and foreign citizens or companies without restrictions. • Subdivision potential – the territory can be effectively divided into ~35–40 independent plots of 600 sqm each. • Infrastructure and relief – the flat surface saves construction costs. The total area allows for the development of internal roads, a public park, and sports/recreational spaces. • High profitability – selling individual plots or building ready-to-move-in modern villas ensures a quick return on investment and high margins.
Property ID: 930925

Plot location

Tbilisi, Samgori District
, Tamar Mepe St

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 $‍1,026,120 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
88 976
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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