Twelve premium townhouses in Georgia's UNESCO-listed former capital.
Overview
Twelve riverbank townhouses in Mtskheta, 20 minutes from Tbilisi. Targets HNW Georgian and regional buyers seeking heritage-city living within commuting distance of the capital.
Investment thesis
UNESCO heritage status. Average list price $480K. Pre-sales at 41%.
Financials
Project your return
Project your return
See what $1,000 could become over 6 years at the projected 12.5% IRR.
Annual income (Y1)
$125
Total return
$1,027
Estimated value at exit
$2,027
Money multiple
2.03×
Modeled range: $1,419 – $2,635 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
$115.4K
Price / m²
$1,538
Comparables
18
Confidence
High
Mtskheta · price / m² · 2020–26
CAGR +8.4% / yr · YoY +1.6%
$1,100/m²
YoY price change
+1.6%
5-yr CAGR
+8.4% / yr
Transactions / year
~1,200
Gross rental yield
6.9%
Market read · UNESCO heritage city, 20 minutes from Tbilisi. Premium pricing for a small supply pool. HNW relocation from the capital is the dominant driver.
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