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Adjara Holiday Inn 1 Adjara Group is pleased to announce the sale or welcomes joint venture proposals on the land plot of Mtskheta residential project. International or local investors/banking institutions are welcome to express their interest and get involved in the talks with owner regarding the deal. Mtskheta Residential Project, is circa 19 ha plot of land in the close proximity to the ancient Georgian capital Mtskheta and located on the delta of the rivers Mtkvari and Aragvi. This ‘ready to build’ plot of land with stunning views of the ancient historical heritage sites and natural landscape is projected for residential or other mixed use development. Major terrain and infrastructure works are already completed. Market value of the land is circa 9-11 mln USD. History Remains of towns at this location have been dated to earlier than the year 1000 BC, and Mtskheta was capital of the early Georgian Kingdom of Iberia during the 3rd century BC – 5th century AD. It was the site of early Christian activity, and the location where Christianity was proclaimed the state religion of Georgia in 317. Mtskheta still remains the headquarters of the Georgian Orthodox and Apostolic Church. Mtskheta served as the coronation and burial place for most kings of Georgia until the end of the kingdom in the 19th century. Svetitskhoveli Cathedral (11th century) and Jvari Monastery (6th century) in Mtskheta are amongst the most significant monuments of Georgian Christian architecture, and are historically significant in the development of medieval architecture throughout the Caucasus. In the outskirts of Mtskheta is the ruins of Armaztsikhe fortress (3rd century BC), the Armaztsikhe acropolis (dating to the late 1st millennium BC), remains of a "Pompey's bridge" (according to legends built by Roman legionnaires of Pompey the Great in 1st century BC), the fragmentary remains of a royal palace (1st–3rd century AD), a nearby tomb of the 1st century AD, a small church of the 4th century, the Samtavro Monastery (11th century), and the fortress of Bebris Tsikhe (14th century). The Historical Monuments of Mtskheta were recently placed on UNESCO's List of World Heritage. Project Panoramic View Contacts Evgeni (Iva) Davitaia, Group CEO, Adjara Group Tel: +995 32 33 54 73, GSM: +995 77 46 16 58 e-mail: [email protected] Mtskheta, Georgia Project Location Project Architectural Drafts December, 2009 Mtskheta Residential Development Mtskheta Svetitskhoveli Cathedral Jvari Monastery Land Plot
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Page 1: Mtskheta Project Flashnote

Adjara Holiday Inn

Residential -

November, 2009

1

Adjara Group is pleased to announce the sale or welcomes joint ventureproposals on the land plot of Mtskheta residential project. International or local investors/banking institutions are welcome to express their interest and get involved in the talks with owner regarding the deal.

Mtskheta Residential Project, is circa 19 ha plot of land in the close proximity to the ancient Georgian capital Mtskheta and located on the delta of the rivers Mtkvari and Aragvi.

This ‘ready to build’ plot of land with stunning views of the ancient historicalheritage sites and natural landscape is projected for residential or other mixed use development. Major terrain and infrastructure works are already completed. Market value of the land is circa 9-11 mln USD.

History

Remains of towns at this location have been dated to earlier than the year 1000 BC, and Mtskheta was capital of the early Georgian Kingdom of Iberia during the 3rd century BC – 5th century AD. It was the site of early Christian activity, and the location where Christianity was proclaimed the state religion of Georgia in 317. Mtskheta still remains the headquarters of the Georgian Orthodox and Apostolic Church. Mtskheta served as the coronation and burial place for most kings of Georgia until the end of the kingdom in the 19th century.

Svetitskhoveli Cathedral (11th century) and Jvari Monastery (6th century) in Mtskheta are amongst the most significant monuments of Georgian Christian architecture, and are historically significant in the development of medieval architecture throughout the Caucasus.

In the outskirts of Mtskheta is the ruins of Armaztsikhe fortress (3rd century BC), the Armaztsikhe acropolis(dating to the late 1st millennium BC), remains of a "Pompey's bridge" (according to legends built by Roman legionnaires of Pompey the Great in 1st century BC), the fragmentary remains of a royal palace (1st–3rd century AD), a nearby tomb of the 1st century AD, a small church of the 4th century, the Samtavro Monastery (11th century), and the fortress of Bebris Tsikhe (14th century).

The Historical Monuments of Mtskheta were recently placed on UNESCO's List of World Heritage.

Project Panoramic View

ContactsEvgeni (Iva) Davitaia, Group CEO, Adjara GroupTel: +995 32 33 54 73, GSM: +995 77 46 16 58e-mail: [email protected]

Mtskheta, Georgia

Project Location

Project Architectural Drafts

December, 2009

Mtskheta Residential Development

Mtskheta

Svetitskhoveli Cathedral

Jvari Monastery

Land Plot

Page 2: Mtskheta Project Flashnote

Adjara Holiday Inn

Residential -

November, 2009

2