We Seek Investor For Public Housing Development In Tbilisi For Sale

Business description

We are the real estate company from Georgia. We seek an investor for our very profitable business.
OUR OFFER.

There is very big deficiency of new buildings here in the capital-city of Georgia Tbilisi. The peoples most of all need to buy apartments in new houses. To stimulate the public housing business the government of Tbilisi-city is standing behind of developers as a guaranty and
promised that the city will buy public houses with more than five floors for $400 for 1 sq.m.
This is very good offer because the first price to build a house (in Georgia ) is about $300-350 for sq.m. and it isn’t important a location where it is building in a city because there are low prices for job, building bar and other materials here but the market price for a ready apartment [white carcass] in a new house varies between $650-$1000 and more based on a location of a house, number of rooms and sq/m. So, it is easy to count - to build 6000 sq/m. house one need 1 year and about $1800000+ one time charges to create a project [1 sq.m.=$14], to buy a land [price varies from $60 to $800 for sq.m.], to take a confirmation from a city government and other very little charges. During of building, step by step, we can sell apartments as soon as the floor has been built to white carcass[cement cover, communications, wall partitions] and ready to register in the public registry agency. Interesting investor can count the net profit himself. We seek the such investor who can invest in this business and share the net income with us. Our investment in this business will be our skills, knowledge in this business, contacts and job. For our job we ask 15% from the net profit.

Property information

Real Estate:

Real Property Included

Location:

Tbilisi