Real Estate

As the CEO and Founder of TerraMatris Crypto Hedge Fund, I've often contemplated the potential of cryptocurrencies, especially Bitcoin, in various investment avenues. Recently, I received a proposal involving the use of leverage to purchase an apartment in Tbilisi using our hedge fund as collateral. This intriguing idea prompted me to explore the…

A few days ago, I stumbled upon an article or perhaps a meme on Facebook that suggested the same amount of gold from 100 years ago could buy you real estate today. Intrigued by this claim, I decided to explore further and compare real estate prices in my native Riga to spot gold prices. My findings, particularly when comparing 2007 with 2023, are…

Embarking on a real estate investment journey often involves navigating through twists and turns, with each step bringing us closer to our ultimate goal. For us, the story of our property in Saldus began with a successful online bid back in 2022—a pivotal moment that set the stage for an adventure filled with anticipation and excitement.Securing…

My mom visited us in Tbilisi for about a 2-week stay. As it was already the end of January, and I have the plan to visit our construction site at least once a month, to document the progress, take some photos and enjoy a cup of coffee at the local Navthlugi market, I decided to take my mom with me and go for a short excursion to Samgori. Prior to…

At the start of December 2022, Uday, a business partner from Canada arrived in Tbilisi, and we went together to the Meti office in Saburtalo to meet with the developers and sign the documents on-site (we already had them electronically). After the meeting with the developers, we went to the actual construction site in Samgori. I have been eyeing…

On November 24, 2022, I helped to win an online auction for a real estate property in Saldus, Latvia This auction was held online at the E-izsoles platform. And unlike most of the other bids, this was one of the easiest bids, We were just two bidders, the second bidder had entered the bid a few days earlier and probably forgot to bid today, as my…

On November 17, 2022, together with a partner from Canada, we secured our first co-investment in Georgia - a 47m2 apartment under construction in Tbilisi. Looking to put it on blockchain next. Exploring NFT. Long story short, back in April 2022, while vacationing in Batumi, I come up with an idea - investing in booming Batumi real estate by…

Racha is a highland area in western Georgia, located in the upper Rioni river valley and hemmed in by the Greater Caucasus mountains.  Ambrolauri serves as the seat of the Racha-Lechkhumi and Kvemo Svaneti regional administration and of the Ambrolauri Municipality and had a population of 2,015 in 2021. The city is served by a small, but very…

For the past couple of weeks and months, I have been working toward my Tbilisi real estate investment idea. Now I have a potential co-investor and we are looking to buy one apartment in Tbilisi (or Batumi) under construction, wait until it is completed, and sell it for a profit (hopefully). As I had done initial market research for some…

A few months ago, I came up with an idea to crowdfund a real estate under construction in Batumi and sell it for profit once completed. I was contacted by a potential investor from Canada, and we kept shaping this idea more and more until we are already ready to make our first co-investment. High Risk / High Return Investment Opportunity in…