Exclusive Investment Opportunity: 482 sq.m. plot of land for sale in Vake, with a unique potential for expansion!
Key Features:
● Address: 9 Leopold Bilfeld St., Tbilisi (Vake).
● Area: 482 sq.m.
● Designation: Non-agricultural.
● Cadastral Code: 01.10.16.007.181.
Why is this plot ideal for an investor?
● Real potential for expansion: The surrounding area is currently unregistered, offering the investor an excellent opportunity—through negotiations with the relevant municipal authorities—to incorporate (legalize/purchase) additional land, thereby increasing the scale and development coefficient of a future project.
● Simple and seamless construction process: The site is not densely built up and is free from infrastructure that could pose obstacles. Any type of heavy construction machinery can easily access and operate on the premises, which will significantly save time and costs for the developer. ● The site is ready for development: The three structures currently located on the plot lack construction documentation (and ownership rights for them are not registered). Consequently, clearing the site for a new, premium-class project does not require complex legal procedures.
● High liquidity and a prestigious location: The plot is situated in a central, highly sought-after area of Tbilisi, near the new road and Mziuri Park. Given the scarcity of available land in Vake, this location guarantees a maximum return on investment (ROI)—it is ideal for the construction of a high-end residential building, a villa, or townhouses.
● Impressive panoramic views: From a height of 10–15 meters (corresponding to the 3rd or 4th floor of a future building), a stunning panorama of Vake unfolds. The view seamlessly blends lush green spaces, the natural terrain, and Tbilisi’s modern urban architecture. This factor significantly increases the sales and investment value of the future project (premium apartments or a villa).