RIGA · BRĪVĪBAS DISTRICT · UNIT 72
Micro-studio · 19.9 m² · 3rd floor · To renovate
NW exposure · Moderate natural light · Courtyard with overlooking
€65,209
Estimated total budget, renovation and furniture included
€360–€370/month
Estimated rent after renovation · conservative to high scenarios
4.6–4.7%
Estimated net yield in year 1
5.7–5.9% per year
Estimated average annual net yield over 20 years
Projection · conservative to high scenarios · not guaranteed
THE PROPERTY AT A GLANCE
A 19.9 m² studio in Riga’s inner ring, Brīvības district. Vacant; a renovation, furnishing and rental project.
3rd floor (ground floor = 0) / Latvian level 4.
A 19.9 m² micro-studio. Opening a partition wall is an optional improvement excluded from the base budget.
Renovation and furniture: a €19,000 allowance, subject to the unit-specific quote. Available, subject to confirmation.
YOUR BUDGET
Purchase: €38,606
Acquisition duties: €579
Stamp fee: €15
Notary: €209
Renovation: €13,000
Furniture and kitchen: €6,000
LifeInvest® fees: €6,800
ESTIMATED TOTAL: €65,209
Purchase: €1,940/m².
All-in budget: €3,277/m².
Rounded amounts; renovation and furniture allowances to be confirmed.
YOUR ESTIMATED INCOME
Year 1 · conservative → high scenario
Monthly rent: €360–€370
Annual gross rent: €4,320–€4,440
Gross yield: 6.6–6.8%
Net yield: 4.6–4.7%
Estimated rents after renovation and furnishing. Yields are calculated on the total budget; net after modelled costs, vacancy and local taxation, before financing and personal taxation.
LONG-TERM RENTAL INCOME
Conservative → high scenario
Average annual net yield — 10 years:
5.0–5.2%
Average annual net yield — 20 years:
5.7–5.9%
Average annual costs over 20 years:
€1,669–€1,689
Average annual net income over 20 years:
€3,712–€3,841
PROJECTED RETURN ON RESALE
Cumulative ROI · conservative → high scenario
At 6 years:
43.9–44.9%
At 10 years:
77.4–79.1%
At 20 years:
177.5–181.5%
ROI is cumulative, not annualised. The model assumes 3% annual property appreciation. Projections are estimates, not guaranteed returns.
Reservation: €2,000 per property.
Subject to the reservation terms. This deposit is included in the total investment budget.
AFTER YOUR RESERVATION
Within 24 business hours
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.