"Solum Development" LLC is actively considering the possibility of an open mind and beneficial cooperation with local and foreign investors, where prospective land plots in Tbilisi city will be purchased with the financial resources received from investors, and after this stage, the Company will develop the purchased land plots with its own resources, namely:
- We will finance and perform architectural design paperwork;
- We will obtain the construction permit from Tbilisi City Hall;
- We will do the construction works with its own workforce and equipment and machinery
In order to protect the investor's participation in the legal way:
- The investor will be registered as the co-owner of the land plot;
- After the completion of the project, the investor will fully receive the invested principal sum along with the accrued interests;
- If the investor wishes, it is possible to meet the part of the accrued interest with the built-up apartments at a preferential/fixed price.
Realization of multi-store residential projects in Tbilisi, following the further development and concentration of the real estate market, requires substantial financial resources, with the amounts from 1 million to 5 million US/EUR per land plot. At the same time, to distribute the risks of big projects, it is possible to set up syndicated financing, with a pool of investors and in this way distribute risks per each investor in a relatively smaller size.
The time horizon of the investment lasts for 4 years. Annual average planned ROI (Return on Investment) amounts to 16.5% and in some cases, it can be even higher.
If you have any questions on the given topic or in order to organize an online introductory meeting, please inform us at [email protected] or plan a personal visit to our head office - Tsereteli 117a.
