Seize a unique rental investment chance in the Baltic States. A 32 m² furnished one-bedroom apartment for rent, situated in a fully renovated building just 20 minutes from Riga's center. Perfect for investors seeking both short- and long-term returns.
32 m² one bedroom apartment
Rental status: For rent
Floor: ⅔
Building condition : Renewed, immaculate
Gross rental yield: from 6.7% to 7.2%
Net rental yield before tax: 5.4% to 6%
Net rental yield after tax: 4.8% to 5.3%
Expected capital return, with a 3% annual property value growth: 7.8% to 8.3%.
Historical annual m² growth: 10.1%
Gross annual income: €4,253 to €4,651
Net operating income: €3,075 to €3,334/year
Selling price: €57,600
LifeInvest® fee: €5,800
Furnishings: Included
Work: €0
Recommended improvements: €1,000 (optional)
Total budget: 63,847 € (all expenses above included)
Price per m²: €1,995
Expected net gain over 10 years: €43,050 to €46,852
Short-term rental possible
*Photos are accurate and represent apartment nº71.
* 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.