საინვესტიციო პროექტი - არასასოფლო-სამეურნეო დანიშნულების მიწა მზა პროექტით

INVESTMENT PROPOSAL - non-agricultural ELITE CLUB RESORT BUKNARI - a land plot with a ready-made project - an elite resort on the Black Sea coast.

LOCATION
The site for the project is located in Buknari, 10 minutes from the center of Batumi
• 5 minutes to Batumi Botanical Garden
• 5 minutes to Kobuleti
• 30 minutes to Shekvetili
• 45 minutes to Batumi Airport
• 3 minutes to cafe Shukura
• 250 meters to Tsikhisdziri beach
• 15 meters to the main road
• All engineering communications in place
The total area of land is 7052 m2 for non-agricultural purposes (allows you to purchase and register
for a non-citizen of Georgia)

TECHNICAL PARAMETERS OF THE LAND:
Total area - 7052 m2
The plot is located in ‘Residential Zone 3’
Odds:
k2 - 1.3 - allowable building area - 9167 m2
k1 - 0.5 - allowable building area of the site - 3526 m2
k3 - 0.2 - the minimum area for landscaping the site - 1410 m2
According to the law in 'Residential Zone 3' it is allowed to build:
• villas
• townhouses
• multi-storey buildings (apartments)
• guesthouses
• Kindergarten
• school
• sports halls - sports grounds
• pharmacies
• opening pools
• space for events and exhibitions
• the shops
• Bank branch
• parking
the maximum allowable building height is 20m

ENGINEERING NETWORKS - COMMUNICATIONS
All communications are located near the site within a radius of 50 meters

INVESTMENT PLANS
Below is a financial calculation for the construction of 9168 m2 of apartments for different
investment plans. Net area for sale 6876 m2 (about 230 apartments per
30 m2)
- Acquisition of a land plot with a project - on the basis of an agreement,
design and obtaining a building permit (term - 6 months)
– development of project documentation and obtaining
building permits;
- Construction and construction control;
- Commissioning of the object + sales

TERMS
Preliminary terms of the project - 2.5 years:
• Research and design - 4 months
• Building permits - 2 months
• Construction - 24 months
• Sales - at least 70% of the apartment must be sold within 18 months

REAL ESTATE MARKET ANALYSIS AND CONSTRUCTION
The real estate and construction market is one of the most stable in terms of
positive dynamics in recent years in Georgia. Foreign direct investment in
in this industry over the past two years amounted to 300,000,000 US dollars. In 2021
investments in the real estate sector amounted to USD 500,000,000 (up 20% from 2020)
and the turnover of the construction sector amounted to 3,000,000,000 USD (growth 2.5% from 2020)
It should be noted that the popularity of the region of Adjara, where our land is located
is growing every year and such large investors and operators from all over the world enter as:
• Hilton, Radisson, Best Western, Wyndham, Sheraton, Marriott, Holiday Inn
• Ambassador Group
• Alliance Group
• Ocean Capital
• MRMU UK

30% of the turnover of the construction sector comes to the region of Adjara
88% of the urban population and 91% of the total population of Georgia own
real estate - that is, solvency and the demographic factor shows that
demand and the ability to purchase real estate in the country safely affect the decision
investors to invest in this sector
This year alone, in the Adjara region, the cost of renting apartments has increased by 100% - which
more motivated to buy real estate in new buildings and pay per month even
less than renting on the market – also rent out apartments and thus
offset monthly payments for a new apartment

The number of transactions (acquisition of real estate) in 2021 increased by 54% exactly
in the suburbs of Batumi (Buknari - where our land is located, is a suburb) and by 48% in the first quarter of 2022 - the corresponding increase in the center of Batumi was 9 and 13% - this suggests that the more urbanization goes on in Batumi itself, the more
there is a growing number of people who want to live in the suburbs and save themselves from traffic jams, polluted air and congested beach with unclean water. Suburban elite proves the prices for such real estate - below is an analysis of several projects located in similar locations built this summer or under construction.