Mtatsminda Hilltop Estates
Real Estate

Mtatsminda Hilltop Estates

Tbilisi, Georgia

Twelve luxury villas on the Mtatsminda hillside with panoramic city views.

Overview

Twelve detached villas (350–620 sqm) on a private gated road. Targeting Georgian and regional HNW buyers. Average list price $1.4M.

Investment thesis

Limited supply, scarcity premium. Strong HNW demand from regional buyers.

Financials

Hard Cap€3.80M
Soft Cap€1.80M
Projected Return (IRR)16.2%
Investment TypeEquity
Min. Investment€1K
Max. Investment€500K
Hold Period5 years
TokenMHE1

Project your return

Project your return

See what $1,000 could become over 5 years at the projected 16.2% IRR.

$
Min $1,000Max $500.0K

Annual income (Y1)

$162

Total return

$1,119

Estimated value at exit

$2,119

Money multiple

2.12×

Modeled range: $1,483$2,754 at exit. Pessimistic/optimistic 30% band - actual results vary by market conditions, exit timing, and operator execution.

Projections only. Private-market investments are illiquid and may lose value.

Independent valuation

Independent property valuation

What is comparable real estate worth?

Comparable-sales estimate using Q2 2026 benchmarks for Georgian residential & commercial property. Adjust the inputs to model your own assumptions.

Estimated value

$152.1K

Price / m²

$2,028

Comparables

22

Confidence

High

Tbilisi · price / m² · 2020–26

CAGR +8.9% / yr · YoY +1.4%

$1,450/m²

$870$1,160$1,4502020202120222023202420252026

YoY price change

+1.4%

5-yr CAGR

+8.9% / yr

Transactions / year

~46,000

Gross rental yield

7.8%

Market read · Demand-led market driven by relocation inflows and a maturing rental sector. Vake, Vera and Mtatsminda commanding a 25–40% premium over the city average.

How we got there - adjustment factors

City × district

1.30×

Condition

1.05×

Floor

1.00×

Age

0.98×

Parking

1.04×

Risks

Private-market investments are illiquid and may lose value. Returns are projected, not guaranteed. Read the full risk disclosure in the prospectus before committing capital. Tokens are subject to regulatory transfer restrictions and a minimum holding period.

Documents

  • ProspectusPDF · Available after KYC
  • Subscription AgreementPDF · Available after KYC
  • Legal OpinionPDF · Available after KYC
  • Valuation ReportPDF · Available after KYC

42% funded

16.2% IRR