CONDITIONS GÉNÉRALES DE VENTE
ARTICLE 1 – Scope
These Terms and Conditions of Sale govern all transactions made on the LifeInvest® website at https://www.lifeinvest.eu/.
Any individual or legal entity making a purchase through this website, whose order is validated either by our secure payment system or by any other authorised payment method, is referred to as the “customer” under these terms.
LifeInvest® expressly reserves the right to adapt or amend these Terms and Conditions of Sale at any time. If they are amended, the terms applicable to an order will be those in force when the order is confirmed or, for transactions involving instalment payments, when the first payment is made.
ARTICLE 2 – Orders
When a customer selects an apartment on https://www.lifeinvest.eu/ and pays a €2,000 deposit, the apartment is immediately reserved on our platform. If LifeInvest® is the direct seller, the reservation is confirmed immediately. If the seller is a third party, our team undertakes to contact the customer within 24 hours to confirm whether the reservation can be completed, subject to the property's availability. Although we aim to keep the website inventory up to date, an exceptional situation may arise where the seller has sold a property before the reservation is completed. In that case, we will offer the customer a similar property or issue a full refund.
Under Article 1316-1 of the French Civil Code, the customer must provide genuine and accurate identification information. An order is considered definitively established and accepted only after LifeInvest® has formally validated and accepted it, as evidenced by an acknowledgement of receipt on https://www.lifeinvest.eu/.
ARTICLE 3 – Availability
The offers and their respective prices displayed on https://www.lifeinvest.eu/ are considered valid for as long as they remain displayed on the platform. If a product becomes unavailable after an order is placed, the customer will be informed promptly by email. If an ordered product is no longer available, the customer may withdraw from the order at any time and receive a full refund of the amounts already paid.
Some products may be offered for pre-sale before they become available. This will be clearly stated on the relevant product sales page.
ARTICLE 4 – Fees
Apartment reservation
A €2,000 deposit is required for each apartment reserved on the LifeInvest® website. If LifeInvest® does not directly own the property, the deposit will be deducted from the total cost of the support services provided by LifeInvest®. If LifeInvest® directly owns the property, the deposit will be deducted from the final sale price. LifeInvest® reserves the right to change its service fees at any time.
Property acquisition fees
LifeInvest® charges support fees for any acquisition made following the presentation of a property by its teams.
These fees are defined as follows:
A minimum fixed amount, including all taxes, communicated to the customer before any approval;
OR a percentage of up to 9%, including all taxes, of the total amount invested.
The total amount invested means the property's purchase price, excluding financing, notary and management costs, unless otherwise expressly communicated to and agreed with the customer.
The applicable calculation method is determined on a case-by-case basis and agreed with the investor in advance.
The fees applicable to each transaction are always communicated to the investor as part of the property presentation or investment proposal.
These fees become due when the customer acquires a property presented, directly or indirectly, by LifeInvest®.
LifeInvest® reserves the right to adapt its fees according to the nature of the project, the complexity of the transaction and the jurisdiction concerned.
The fees reflect the level of analysis, structuring and support provided by LifeInvest® throughout the investment cycle.
Property management fees
LifeInvest® is entitled to 9% of gross rental income, with a minimum of €40, or 12% of gross rental income, with a minimum of €65, depending on whether the investor chooses “Management Elite” or “Management Elite Pro”.
Property management fees under “Management Elite”
Under Management Elite, LifeInvest® provides full rental management, including tenant selection, drafting contracts and registering leases with the Latvian tax authority. It oversees property maintenance, communications with tenants, and the monitoring of charges, rent and tax returns.
LifeInvest® also provides the investor with a detailed monthly financial analysis. The investor pays 9% of gross rental income, with a minimum of €40 per month if the percentage-based amount is lower.
Property management fees under “Management Elite Pro”
Under Management Elite Pro, LifeInvest® provides comprehensive financial and tax management in addition to the Management Elite services. Subject to availability and prior agreement by email, this may include collecting and distributing rent. LifeInvest® handles tax management, including direct payment of taxes, provided that the rent collection and distribution services are available and accepted. The Investor pays the Consultant 12% of gross rental income, with a minimum of €65 per month if the percentage-based amount is lower.
This option was designed for investors wishing to optimise the management of a larger property portfolio. It remains optional for effective property management. Management Elite already covers all the essential needs for optimised rental management throughout the investment.
Management Elite property management fees are waived for one year (1 year) from the signing of the first rental agreement.
Calculation of management fees
Management fees are calculated annually over a period of 12 consecutive months (the Calculation Period), subject to the minimum amounts under Management Elite or Management Elite Pro, according to the option selected from the contract date. These fees cover tenant transitions, agent commissions and registration of contracts with the Latvian tax authority. The fee calculation will be sent to the investor within 20 days after the Calculation Period.
Support fees
The investor bears the full cost of the support services provided by LifeInvest®. These fees cover all the steps required for a turnkey property investment, with comprehensive and personalised support.
LifeInvest®: a 360° service for a turnkey investment with full support.
1. Identification, negotiation and reservation
We identify exceptional rental properties, often exclusive and off-market. We negotiate the best prices and help you reserve and secure your investment in Latvia with peace of mind.
2. Stay included
An organised stay in Riga (3 days/2 nights) in a 4-star hotel, with a driver, breakfast, property visits and full coordination of signing before the notary.
3. Complete administrative management
Full document management: translation, legal support, payment of associated costs (government taxes, the seller's net proceeds and property tax), tax registration and thorough legal follow-up.
4. Turnkey service
Premium rental management is included free of charge for one year, covering tenant search, lease signing and review, tenant relations, maintenance and representation at general meetings.
Tax formalities are completed to benefit from a reduced rental tax rate of 10%.
Fee after one year: €40/month, regardless of the number of tenants, for optimised support.
5. e-Residency
A Latvian digital identity card to simplify remote management of your assets, accompanied by a detailed practical guide.
6. Optimisation and expansion
Support to structure your investments, optimise rents and strengthen an appropriate banking relationship.
7. Access to the LifeInvest MasterClub
Join our exclusive network of active investors in key destinations (France, Morocco, the USA, Latvia, Thailand, Indonesia, etc.). Benefit from dedicated instant messaging, an annual invitation and the sharing of advanced strategies.
8. Financial and tax monitoring
Monthly financial reports to track performance, with full assistance for the annual income tax return and payment of taxes in Latvia.
9. Privileged network
Direct access to our network of strategic partners: notaries, lawyers, property managers and property finders, with support through instant messaging.
10. Documentation and support
Lifetime access to your key documents (title deed, contracts and tenant information) for independent and secure management. Ongoing support to help ensure the success of your project.
ARTICLE 5 – Delivery arrangements and times
After payment, you will receive an email confirming the transaction and a reservation agreement. A LifeInvest® sales representative will contact you during the day following your reservation.
Your reservation remains valid for 45 days. During that period, we invite you to travel to Tallinn or Riga to sign the final sale agreement before a notary.
At that stage, you will pay the total purchase price of the property, less the reservation fees already paid.
ARTICLE 6 – Payment
The full reservation payment is required when the order is placed, including for products available for pre-order. Accepted payment methods include all methods available on our sales pages and bank transfer. To secure online card transactions, we work with reputable third-party providers. Transactions are handled by leading online payment providers such as PayPal and Stripe, ensuring confidentiality and security of banking data through encryption that meets the highest security standards.
Responsibility for the security of these payment systems rests entirely with our financial partners and cannot be attributed to LifeInvest®. Once the customer initiates payment, the transaction is processed immediately and the corresponding amount is debited after the banking information has been verified.
Under Article L.132-2 of the French Monetary and Financial Code, the commitment to pay by card is final and irrevocable. By providing banking information during the transaction, the customer authorises LifeInvest® to debit the card for the stated amount. The customer confirms that they are the lawful holder of the card and are authorised to use it for this transaction. If an error occurs or the card cannot be debited, the sale is automatically cancelled and the order is considered null and void.
ARTICLE 7 – Product quality
You have 14 days to withdraw from your reservation. To withdraw, please send us a written request to cancel the reservation, and we will refund the reservation fees.
ARTICLE 8 – Group purchases
Group purchases in connection with our Case Study at https://www.lifeinvest.eu/ are strictly prohibited, except between spouses, two members of the same family, or partners in the same company.
ARTICLE 9 – Customer acceptance
The customer declares that they have read all these Terms and Conditions of Sale and, where applicable, any Special Conditions of Sale relating to a service, and accept them without restriction or reservation. The prices are expressly agreed and accepted by the customer, who declares and acknowledges full knowledge of them. The customer therefore waives the right to rely on any conflicting document, particularly their own general purchasing terms. The customer acknowledges having received the advice and information needed to assess whether the offer meets their needs. Making a purchase constitutes acceptance of these Terms and Conditions of Sale.
ARTICLE 10 – The contract
The contract takes effect when the buyer pays for the order, including the first payment for instalment arrangements and for pre-ordered items. It remains in force for the period required for LifeInvest® to provide the services available through https://www.lifeinvest.eu/.
Extraordinary termination: either party may terminate this contract by written notice, without a notice period, in the following circumstances:
Inability to continue the contract: if either party reasonably considers that the contract cannot continue until its scheduled expiry or until the end of the notice period, taking all circumstances and the parties' mutual interests into account.
Serious breach: the contract may be terminated without notice if the other party commits a significant breach. Serious breaches include, but are not limited to:
The customer's failure to pay fees due to LifeInvest®, without remedying the non-payment within 30 days.
The customer's unreasonable refusal to enter into sale or lease agreements, particularly the rejection of three consecutive reasonable proposals from LifeInvest®.
The customer's lack of good faith, including failure to inform LifeInvest® of circumstances necessary for the performance of its obligations.
The customer's breach of anti-money laundering or counter-terrorist financing legislation, or a reasonable suspicion of such conduct by LifeInvest®.
The customer's failure to acquire the property within 45 days of reserving it, allowing LifeInvest® to offer the property to a third party without prior notification.
Complications caused by a third party: LifeInvest® may terminate the contract without notice if complications caused by a third party, such as the property developer, seller or any other third party affecting the transaction, make continuation of the contract unreasonable, taking all circumstances and the parties' mutual interests into account.
ARTICLE 11 – Rights of use and reproduction
All content, including texts, illustrations, trademarks, domain names, products and videos, in the products and services offered by LifeInvest®, whether directly or under a third-party licence, is protected by copyright and database rights under the French Intellectual Property Code. All such information subject to intellectual property rights remains the exclusive property of the seller.
No intellectual property rights are transferred under these Terms and Conditions of Sale.
The customer is strictly prohibited from using the products and services for any purpose other than documentation. Publishing, distributing or marketing the content accessed, in any form, is also prohibited. Any use outside the provisions of the French Intellectual Property Code requires prior written authorisation from LifeInvest®.
ARTICLE 12 – Legal disclaimer
The information on https://www.lifeinvest.eu/, including all texts, illustrations, trademarks, domain names, products and videos contained in the products and services covered by these terms, must not be considered tax, financial, investment or any other professional advice. Only a professional assessment of the user's specific situation can identify strategies appropriate to the customer's needs.
ARTICLE 13 – Liability
The customer assumes full responsibility for consulting, selecting, using and interpreting the information provided by LifeInvest®. We cannot be held liable to third parties or to the customer for consequences arising from the customer's use of research results, omissions following unsuccessful, defective, partial or incorrect research, or improper use of the answers and texts consulted.
LifeInvest® cannot be held liable, under any express or implied obligation, for direct or indirect damage suffered by the customer or third parties through the use of the information provided, including inaccurate or incomplete information, indexing errors or delays in publishing data online.
We disclaim liability for any damage, including but not limited to loss of business, loss of data or any other financial loss arising from the use of, or inability to use, the products and services offered.
LifeInvest®'s obligation to provide its services is suspended if a force majeure event or an unforeseen event prevents performance. In that case, LifeInvest® undertakes to inform the customer as soon as possible.
ARTICLE 14 – Preparation for rental
The amount stated for renovations is an estimate. It becomes final only after the quotation has been sent, normally before the final deed of sale is signed.
ARTICLE 15 – Tenant transition notice
When tenants change in Latvia, we wish to inform you of the following points to make our process clear and transparent:
Agent commission: under current practice in Latvia, the owner is responsible for paying the agent's commission. This commission equals one month's rent and is included in the property management fees we charge. It covers one change of tenant per year. If a tenant leaves before the end of the first six months of the rental period and a new tenant is found within 15 days of their departure, the security deposit will be shared between LifeInvest® and the investor. Otherwise, the investor keeps the entire security deposit. If several tenant changes in the same year result in additional fees, we will cover those additional fees.
Accounting registration: to ensure legal compliance and transparency, we also register the rental agreement with the Latvian State Revenue Service (SRS). The costs of this accounting registration are included in the management fees and cover one change of tenant per year. We inform you of this legal requirement to provide full visibility of our process. Similarly, if several tenant changes in the same year lead to additional costs, we will cover those additional costs.
We emphasise that our management fees are calculated as close to cost as possible, with our remuneration directly linked to successfully finding a long-term tenant. This approach reflects our commitment to a transparent service and to aligning our interests with those of our customers.
ARTICLE 16 – Personal data protection
Under the French Data Protection Act of 6 January 1978, you have rights to enquire about, access, modify, object to and rectify your personal data. We declare all our files to the French National Commission for Information Technology and Civil Liberties (CNIL). By entering your email address, you will receive emails with information and promotional offers about our products and services. You can unsubscribe at any time by clicking the link at the end of our emails.
ARTICLE 17 – Applicable law
All provisions of these Terms and Conditions of Sale, and all purchases and sales arising from them, are governed by French law.
In the event of a dispute, the customer is invited first to contact LIFEINVEST INTERNATIONAL OÜ, the publisher of https://www.lifeinvest.eu/, to seek an amicable solution. If no agreement is reached, any dispute relating to use of the website will fall under Estonian jurisdiction.