Take advantage of a unique rental investment opportunity in the Baltic States. Furnished, duplex-style studio apartment with mezzanine for rent, 20.9 m², located in a refurbished building 20 minutes from the center of Riga. This investment is ideal for investors looking for both short- and long-term returns.
20.9 m² studio apartment
Rental status: For rent
Floor: 2/3
Building condition: Renewed, immaculate
Gross rental yield: 7.7% to 9.4%
Net rental yield before tax: 6% to 7.7%
Net rental yield after tax: 5.2% to 6.8%
Expected return on capital, with annual price growth per m² of 3%: 8.2% to 9.8%
Historic annual growth in m²: 10.1%
Annual gross income: €3,455 to €4,253
Net operating income: €2,358 to €3,075/year
Selling price: €39,900
LifeInvest® fee: €5,800
Furnishings: Included
Work: €0
Recommended improvements: €500 (optional)
Total budget: €45,033 (all above expenses included)
Price per m²: €2,165
Expected net gain over 10 years: €31,797 to €38,974
Short-term rental possible
*Photos are accurate and represent apartment nº60.
* Figures are based on actual rents, ranging from the lowest to the highest, drawn from our experience.
* Possibility of negotiation when purchasing several units.
Invest in a vibrant market offering modern comforts in a prime Baltic location. Learn more through the LifeInvest Case Study, with fees refunded upon investment. Act now, as such high-quality properties are rare.