It is clarified that the residence was sold as part of the project "100 investment proposals for business."

“Among the objects sold within the framework of the project“ 100 Investment Proposals for Business ”there was also a presidential residence located in Mestia, which was sold at auction today for 7.5 million lari, which is 308% more compared to the initial price,” he quotes her TASS.

According to the agency, the presidential residence was built in the village of Mestia in 2011.

In September, Saakashvili announced that he was going to return to his homeland in the coming months to restore its "statehood"