RIGA · LATGALES DISTRICT · UNIT 92
Mezzanine studio · 20.2 m² · Third floor (Latvian floor 4)
Available to reserve
Street and tram-facing · Tenancy status to be confirmed
€56,229
Estimated total budget, fees and light improvements included
6.8–7.3%
Estimated gross rental yield
4.5–4.9%
Estimated net operating yield in a stabilised first year
5.6–6.1%/year
Estimated average annual net yield over 20 years
Projection · conservative to high scenarios · not guaranteed
THE PROPERTY AT A GLANCE
A studio with a mezzanine sleeping area in Riga’s Latgales district.
Registered cadastral area: 20.2 m². No additional mezzanine area is included in the price-per-square-metre calculation.
French 3rd floor (ground floor = 0) / Latvian level 4.
Street and tram-facing · Compass orientation unconfirmed.
Furnished and equipped in the June 2023 photos.
Current condition, appliances and the handover inventory remain to be confirmed.
Light improvements: a €1,500 allowance, subject to confirmation by the unit-specific quote.
Residential use confirmed in the cadastre · commissioning recorded in 2026.
Reference rental strategy: long-term residential rental.
The projection is based on a full stabilised first operating year.
No current lease is confirmed in the file. The rents shown are projected.
YOUR BUDGET
Net seller purchase price: €47,000
Acquisition duties / registration: €705
Stamp fee: €15
Notary: €209
Light improvements — allowance: €1,500
Furniture and kitchen — assumed included: €0
LifeInvest® fees — assumption: €6,800
ESTIMATED TOTAL: €56,229
Purchase: €2,327/m²
All-in budget: €2,784/m²
Rounded amounts. Works quote, inventory and final fees must be confirmed.
YOUR ESTIMATED INCOME
Stabilised year 1 · conservative → high scenario
Monthly rent: €320–€340
Annual gross rent: €3,840–€4,080
Gross rental yield: 6.8–7.3%
Net operating yield: 4.5–4.9%
These rents are estimates, not contractual income.
We show gross rental yield to allow direct comparison with the market. We also calculate what remains after the main operating costs.
Yields are calculated on the total invested budget of €56,229, rather than solely on the property purchase price.
Net operating yield includes modelled costs, vacancy and local taxation, before financing and additional personal taxation.
The final tax treatment depends on the investor’s tax residence and ownership structure.
LONG-TERM RENTAL INCOME
Conservative → high scenario
Average annual net yield — 10 years :
4.9–5.3%
Average annual net yield — 20 years :
5.6–6.1%
Average annual costs over 20 years :
€1,628–€1,670
Average annual net income over 20 years :
€3,155–€3,412
PROJECTED RETURN ON RESALE
Cumulative ROI · conservative → high scenario
At 6 years :
42.5–44.9%
At 10 years :
75.0–79.1%
At 20 years :
172.3–181.4%
Cumulative ROI, not annualised.
Model convention: 3% annual growth applied to the all-in budget, not an independent property valuation. 
Capital-gains tax is modelled at 25.5%; selling costs are excluded and the taxable basis and applicable regime must be confirmed. Acquisition costs do not automatically translate into market value.
Reservation: €2,000 per property.
The deposit is included in the total budget and deducted from the balance, subject to the reservation terms.
AFTER YOUR RESERVATION
Within 24 business hours
Our team contacts you to confirm your reservation and organise the next steps.
Your investment file
Property information, budget and supporting documents are collected in your shared workspace.
Support through to completion
Follow the verification, preparation and signing stages with our team.
Projections are estimates. Capital, rental income and future performance are not guaranteed.