RIGA · UNIT 23

Mini studio · 16.7 m² · Floor 3/4 with a lift

North, street view

€76,418 Estimated total budget

5.8–6.6 % Projected net rental yield

€4,427–€6,877/year Projected annual net income

70.1–77.6 % Projected cumulative ROI after 10 years

Estimates are not guaranteed. Long-term projections are not first-year yields.

THE PROPERTY AT A GLANCE

A restored century-old building in central Riga, near the Radisson Conference & Spa. Full ownership.

Building condition: Fully renovated, excellent condition.

Rental status: Letting after the fit-out included in the budget.

Long- or short-term letting possible.

The photos show unit 23.

YOUR BUDGET

Purchase: €48,425 Notary: €209 Acquisition duties: €969 Stamp fee: €15 LifeInvest® fees: €6,800 Renovation: €0 Improvements: €13,000 Furniture and kitchen: €7,000

ESTIMATED TOTAL: €76,418

Acquisition costs including fees: €7,993

All-in budget per m²: €4,576/m².

Rounded amounts. Included costs are itemised above.

PROJECTED RENTAL INCOME

Conservative → high scenario.

Annual gross income: €6,113–€6,877

Gross yield: 8–9 %

Net yield before local taxation: 6.6–7.5 %

Net yield after local taxation: 5.8–6.6 %

Annual net income: €4,427–€6,877

Average annual costs over 10 years: €1,686–€1,796 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: 39–43.2 % Projected net gain: €29,774–€33,005

After 10 years Cumulative ROI: 70.1–77.6 % Projected net gain: €53,600–€59,319

After 16 years Cumulative ROI: 123.3–136.3 % Projected net gain: €94,258–€104,149

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.