At Legal Sandbox Georgia, we treat commercial real estate acquisition and divestment as complex financial and legal transactions, not merely physical asset transfers. Our brokerage service is deeply rooted in investment analysis; for buyers and investors, we begin by performing rigorous ROI assessments and capitalization rate (Cap Rate) modeling. We analyze the trade potential of specific locations within Tbilisi, evaluating demographic data, footfall density, and accessibility to project realistic rental yields and capital appreciation. This financial foresight ensures that the asset aligns with your business goals, whether you are acquiring retail space, office headquarters, or industrial facilities.
The core of our value proposition lies in our technical and legal due diligence, specifically regarding urban planning regulations. We conduct detailed Zoning Checks against the General Land Use Plan of Tbilisi to verify the property’s functional zone status. This is critical for ensuring the space is legally permitted for your intended commercial activity (e.g., verifying if a residential zone allows for commercial conversion). We analyze construction coefficients (K1, K2, K3) and identify any existing "red lines" or municipal infrastructure projects that might affect the property's future value or utility. This technical audit protects investors from acquiring assets with hidden utilization restrictions or demolition risks.
From a purely legal standpoint, we mitigate risks associated with corporate ownership and tax liabilities. Since most commercial properties are held by legal entities, we scrutinize the corporate structure of the seller to verify authority. We examine the Charter and Partner Resolutions to ensure the signatory has the requisite authority to alienate the asset, preventing future nullification of the Sales Agreement. Furthermore, we advise on the most tax-efficient transaction structure—analyzing the benefits of an Asset Deal versus a Share Deal (purchasing the company that owns the property) to optimize Value Added Tax (VAT) implications under the Tax Code of Georgia. Our team drafts the final agreement, ensuring all representations and warranties are secured, and oversees the registration of title at the National Agency of Public Registry.
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