Seize a unique rental investment opportunity in the Baltic States. Enjoy a slightly larger, furnished studio apartment of 23.8 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.
23.8 m² studio
Rental status: For rent
Floor: 1/3
Building condition: Renewed, immaculate
Gross rental yield: 6.8% to 9.1%
Net rental yield before tax: 5.1% to 7.4%
Net rental yield after tax: 4.5% to 6.5%
Expected return on capital with annual price growth per m² of 3%: 7.5% to 9.5%
Historical annual growth in m²: 10.1%
Annual gross income: €3,189 to €4,253
Net operating income: €2,118 to €3,075/year
Selling price: €39,900
LifeInvest® fee: €5,800
Furnishings : Included
Work: €0
Recommended improvements: €500 (optional)
Total budget: €46,962 (all above expenses included)
Price per m²: €1,973
Expected net gain over 10 years: €29,810 to €39,379
Possibility of short-term rental
*Photos are accurate and represent apartment nº55.
* Figures are based on actual rents, ranging from the lowest to the highest, drawn from our experience.
*Possibility of negotiating when purchasing several units
Invest in a dynamic market offering modern comforts in a prime Baltic location. Don't delay, these opportunities are rare.