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Eng
27 Oct, 11:00
185
ID - 36862207

Land For Sale. Shekvetili

Shekvetili

213,222,000
₾$
1 m² - 1558 ₾
TBC
2,058,205₾ / month
HBG
1,938,780₾ / month
136873m²

Area

Investment

Land

Area

136873m²

Land

Investment

Description

Investment opportunity on the Black Sea coast! VR Shekvetili Forest-Beach represents a large-scale investment opportunity in Shekvetili, one of the most distinctive seaside locations in Georgia, for international and local investors. The investment offers phases IV, V, and VI of the project with approved designs and pre-defined construction parameters, enabling the investor to start the project's development more quickly. Key indicators: - 136,873 m² total land area - 3,779 planned apartments - 314,509 m² total construction area - 1.2 km private beach - Land value with approved design: $600/m² - Projected GDV: $663.8 million - Projected profit: $208.8 million - Combined IRR according to the financial model: 33.3% VR Shekvetili Forest-Beach combines the Black Sea coastline, a unique pine forest, magnetic sand, an already operating international Beach Club, and large-scale resort infrastructure being developed by VR Holding. The first phase of the project has already been completed and operates Café del Mar Beach Club, while the construction of the residential part is concurrently underway. VR Holding is also continuing the development of a 1.2 km promenade and overall resort infrastructure. The location is particularly interesting from a tourist and investment perspective. Near the project are located: - Paragraph Resort & Spa - about 100 meters away - Musicians’ Park - 1.7 km - Black Sea Arena - 1.8 km - Dendrological Park - 2.8 km - Tsitsinatela Amusement Park - about 5 km It is possible to consider either an individual phase or a complete investment package. If interested, the full financial model, land and project documentation can be provided, and an on-site visit can be arranged.

Additional information

Electricity

Natural gas

Sewage

Water

Comment

Urgent

Urgent

Mortgage calculator
TBC
HBG
Property value213,222,000 ₾
Down payment 20%
42,644,400₾
Loan term
15Year

Benchmark interest rate from 12.1% / Benchmark effective rate from 14.21%. The nominal and effective interest rate tied to a public index represents the minimum amount for the credit product. The actual data will be specified at the time of loan approval. The interest rate shown in the table is linked to a public index - TIBR1M

Interest

Down payment

Base

Monthly payment2,058,205 ₾
Total payment413,121,276 ₾
TBC

Choose a house of any value and get full financing

Real EstateLandFor SaleShekvetili
185
27 Oct, 11:00
ID - 36862207

Land For Sale. Shekvetili

136873 m²

Total area

Investment

Land

Total area

136873 m²

Land

Investment

Description

Investment opportunity on the Black Sea coast! VR Shekvetili Forest-Beach represents a large-scale investment opportunity in Shekvetili, one of the most distinctive seaside locations in Georgia, for international and local investors. The investment offers phases IV, V, and VI of the project with approved designs and pre-defined construction parameters, enabling the investor to start the project's development more quickly. Key indicators: - 136,873 m² total land area - 3,779 planned apartments - 314,509 m² total construction area - 1.2 km private beach - Land value with approved design: $600/m² - Projected GDV: $663.8 million - Projected profit: $208.8 million - Combined IRR according to the financial model: 33.3% VR Shekvetili Forest-Beach combines the Black Sea coastline, a unique pine forest, magnetic sand, an already operating international Beach Club, and large-scale resort infrastructure being developed by VR Holding. The first phase of the project has already been completed and operates Café del Mar Beach Club, while the construction of the residential part is concurrently underway. VR Holding is also continuing the development of a 1.2 km promenade and overall resort infrastructure. The location is particularly interesting from a tourist and investment perspective. Near the project are located: - Paragraph Resort & Spa - about 100 meters away - Musicians’ Park - 1.7 km - Black Sea Arena - 1.8 km - Dendrological Park - 2.8 km - Tsitsinatela Amusement Park - about 5 km It is possible to consider either an individual phase or a complete investment package. If interested, the full financial model, land and project documentation can be provided, and an on-site visit can be arranged.

Additional information

Electricity

Natural gas

Sewage

Water

Mortgage calculator
TBC
HBG
Property value213,222,000 ₾
Down payment 20%
42,644,400₾
Loan term
15Year

Benchmark interest rate from 12.1% / Benchmark effective rate from 14.21%. The nominal and effective interest rate tied to a public index represents the minimum amount for the credit product. The actual data will be specified at the time of loan approval. The interest rate shown in the table is linked to a public index - TIBR1M

Interest

Down payment

Base

Monthly payment2,058,205 ₾
Total payment413,121,276 ₾
TBC

Choose a house of any value and get full financing