Land For Sale. Shekvetili
Shekvetili
Area
Land
Area
136873m²Land
InvestmentDescription
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
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
Choose a house of any value and get full financing
Total area
Land
Total area
136873 m²Land
InvestmentDescription
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
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
Choose a house of any value and get full financing
Total area
136873 m²Land
Investment