RIGA · UNIT 2B
Studio · 21.8 m² · Floor Ground floor/5
S/E, garden view, not overlooked
€84,850 Estimated total budget
5.6–6.4 % Projected net rental yield
€4,754–€5,408/year Projected annual net income
70.9–77.6 % 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 Art Nouveau building in central Riga.
Building condition: Fully renovated, excellent condition.
Rental status: Available to rent
Long- or short-term letting possible.
YOUR BUDGET
Purchase: €76,300 Notary: €209 Acquisition duties: €1,526 Stamp fee: €15 LifeInvest® fees: €6,800 Renovation: €0 Improvements: Included in the total budget Furniture and kitchen: Included or customisable
ESTIMATED TOTAL: €84,850
Acquisition costs including fees: €8,550
All-in budget per m²: €3,892/m².
Rounded amounts. Included costs are itemised above.
PROJECTED RENTAL INCOME
Conservative → high scenario.
Annual gross income: €6,495–€7,259
Gross yield: 7.7–8.6 %
Net yield before local taxation: 6.4–7.2 %
Net yield after local taxation: 5.6–6.4 %
Annual net income: €4,754–€5,408
Average annual costs over 20 years: €1,741–€1,851 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: 39.3–43.1 % Projected net gain: €33,317–€36,548
After 10 years Cumulative ROI: 70.9–77.6 % Projected net gain: €60,148–€65,867
After 16 years Cumulative ROI: 124.9–136.5 % Projected net gain: €105,957–€115,848
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.