RIGA · UNIT 41
Studio · 20.7 m² · Floor Ground floor
SE
€76,723 Estimated total budget
4.9–6.2 % Projected net rental yield
€3,773–€4,754/year Projected annual net income
62.4–73.5 % 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: Letting after the fit-out included in the budget.
Long- or short-term letting possible.
YOUR BUDGET
Purchase: €44,950 Notary: €209 Acquisition duties: €899 Stamp fee: €15 LifeInvest® fees: €6,800 Renovation: €0 Improvements: €16,350 Furniture and kitchen: €7,500
ESTIMATED TOTAL: €76,723
Acquisition costs including fees: €7,923
All-in budget per m²: €3,706/m².
Rounded amounts. Included costs are itemised above.
PROJECTED RENTAL INCOME
Conservative → high scenario.
Annual gross income: €5,349–€6,495
Gross yield: 7–8.5 %
Net yield before local taxation: 5.6–7 %
Net yield after local taxation: 4.9–6.2 %
Annual net income: €3,773–€4,754
Average annual costs over 20 years: €1,576–€1,741 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: 34.6–40.9 % Projected net gain: €26,527–€31,373
After 10 years Cumulative ROI: 62.4–73.5 % Projected net gain: €47,851–€56,428
After 16 years Cumulative ROI: 109.9–129.2 % Projected net gain: €84,311–€99,147
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.