RIGA · UNIT 24
Studio · 23.8 m² · Floor Ground floor
West
€58,244 Estimated total budget
6.7–7.1 % Projected average annual net yield over 20 years
€3,903–€4,121/year Projected average annual net income over 20 years
79.5–82.8 % Projected cumulative ROI after 10 years
Estimates are not guaranteed. Long-term projections are not first-year yields.
THE PROPERTY AT A GLANCE
A recently built residence approximately 20 minutes from Riga.
Building condition: Fully renovated, excellent condition.
Rental status: Let until December 2026
Long- or short-term letting possible.
YOUR BUDGET
Purchase: €48,000 Notary: €209 Acquisition duties: €720 Stamp fee: €15 LifeInvest® fees: €6,800 Renovation: €0 Improvements: €2,500 Furniture and kitchen: Included or customisable
ESTIMATED TOTAL: €58,244
Acquisition costs including fees: €7,744
All-in budget per m²: €2,447/m².
Rounded amounts. Included costs are itemised above.
PROJECTED RENTAL INCOME
Projected annual averages over 20 years
Conservative → high scenario.
Annual gross income: €5,349–€5,654
Gross yield: 9.2–9.7 %
Net yield before local taxation: 7.5–8 %
Net yield after local taxation: 6.7–7.1 %
Annual net income: €3,903–€4,121
Average annual costs over 20 years: €1,446–€1,534 Modelled management, accounting, insurance, refurbishment and taxation.
Yields are calculated on the total budget. Net figures include the model’s costs and local taxation, before financing and personal taxation.
PROJECTED LONG-TERM RETURN
Cumulative ROI on resale, not annualised. Conservative → high scenario.
After 6 years Cumulative ROI: 44.2–46 % Projected net gain: €25,725–€26,810
After 10 years Cumulative ROI: 79.5–82.8 % Projected net gain: €46,291–€48,211
After 16 years Cumulative ROI: 139.4–145.1 % Projected net gain: €81,197–€84,518
These projections assume, among other factors, annual property appreciation of 3%.
Reservation: €2,000 per property. Subject to the reservation terms. This deposit is included in the total investment budget.
AFTER YOUR RESERVATION
Contact by the next business day. Our team contacts you to confirm your reservation and organise the next steps.
Your investment file We collect your details and prepare your shared workspace: property information, budget and supporting documents.
Support through to completion Follow each step with our team, from preparing the documents to signing.
Projections are estimates. Capital, rental income and future performance are not guaranteed.