NINOSHVILI #51

Our first project is located in Plekhanov Neighborhood, the charming old part of Tbilisi, Georgia - one of the trendiest places to visit. This is a historic part of Tbilisi, with old-style houses built in 19th and early 20th centuries.

 

According to Forbes, Plekhanov Neighborhood was named among 12 coolest neighborhoods around the world.

https://www.forbes.com/sites/annabel/2018/06/22/the-12-coolest-neighborhoods-around-the-world/#59e4e9926eb1

 The project is a development and construction of a 25 flat 5 floor modern building in the heart of Plekhanov District. The building is conveniently located within the walking distance from the city center and only a ten-minute walk from Fabrika, a massive venue housed in an old soviet-era sewing factory that has been transformed into a multifunctional space open to everybody (www.fabrikatbilisi.com).   

The project investment amount: USD 1.1 mln

Type of Funding: Equity (actual ownership of real estate)

Minimum Investment: USD 30,000

Funding: Oversubscribed by 120% within the first week of the announcement

Expected return on investment: 45% (Term of 18 months)

Address
Egnate Ninoshvili Street #51; Tbilisi, Georgia
Telephone