Seize a unique rental investment opportunity in the Baltic States. Enjoy a slightly larger, furnished studio apartment of 23.4 m² for rent, in a fully renovated building just 20 minutes from the center of Riga. This investment is perfect for investors seeking both short- and long-term returns.
23.4 m² studio
Rental status: For rent
Floor: 1/3
Building condition: Renewed, immaculate
Gross rental yield: 8.4% to 9%
Net rental yield before tax: 6.8% to 7.3%
Net rental yield after tax: 5.9% to 6.4%
Expected return on capital with 3% annual growth in prices per m²: 8.9% to 9.4%
Historic annual growth in m²: 10.1%
Annual gross income: €3.987 to €4.253
Net operating income: €2,836 to €3,075/year
Selling price: €39,900
LifeInvest® fee: €5,800
Furnishings : Included
Work: €0
Recommended improvements: €1000 (optional)
Total budget: €47,462 (all above expenses included)
Price per m²: €2,028
Expected net gain over 10 years: €37,094 to €39,486
Possibility of short-term rental
*Photos are accurate and represent apartment nº53.
* Figures are based on actual high and low season rents, derived from our experience in the field.
*Possibility of negotiating 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.