RIGA · BRĪVĪBAS DISTRICT · UNIT 69

Studio · 23.3 m² · 2nd floor · To renovate

Existing property · already built and inspected by LifeInvest® Open courtyard · SE exposure · Excellent natural light

€72,539 Estimated total budget, renovation and furniture included

6.8–6.9% Estimated gross rental yield

4.8–5.0% Estimated net operating yield in year 1

6.0–6.2% per year Estimated average annual net yield over 20 years Projection · conservative to high scenarios · not guaranteed

THE PROPERTY AT A GLANCE

A 23.3 m² studio in Riga’s inner ring, Brīvības district.

The project involves renovating, furnishing and letting an existing property — rather than the future delivery of a new development.

French 2nd floor (ground floor = 0) / Latvian level 3.

Open courtyard · South-east exposure · Excellent natural light.

The inspection suggests that a lighter scope of work may be possible; nevertheless, the model prudently retains an allowance for a full renovation.

Renovation and furniture: a €22,000 allowance, subject to confirmation by the unit-specific quote.

Reference rental strategy: long-term residential rental. The projection does not rely on short-term holiday rentals to achieve the rents shown.

Available, subject to confirmation.

YOUR BUDGET

Purchase: €42,872 Acquisition duties: €643 Stamp fee: €15 Notary: €209 Renovation: €15,000 Furniture and kitchen: €7,000 LifeInvest® fees: €6,800

ESTIMATED TOTAL: €72,539

Purchase: €1,840/m² All-in budget: €3,113/m²

Rounded amounts; renovation and furniture allowances to be confirmed.

YOUR ESTIMATED INCOME

Year 1 · conservative → high scenario

Monthly rent: €410–€420 Annual gross rent: €4,920–€5,040

Gross rental yield: 6.8–6.9% Net operating yield: 4.8–5.0%

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 €72,539, rather than solely on the property purchase price.

Net operating yield includes modelled costs, vacancy and taxation for a non-resident investor in Latvia who benefits from an applicable tax treaty.

The final tax treatment may vary according to the investor’s tax residence and ownership structure.

LONG-TERM RENTAL INCOME

Conservative → high scenario

Average annual net yield — 10 years: 5.3–5.5%

Average annual net yield — 20 years: 6.0–6.2%

Average annual costs over 20 years: €1,772–€1,793

Average annual net income over 20 years: €4,356–€4,485

The projection is based on long-term residential rental and does not require short-term holiday rentals to achieve the income shown.

PROJECTED RETURN ON RESALE

Cumulative ROI · conservative → high scenario

At 6 years: 45.6–46.5%

At 10 years: 80.2–81.8%

At 20 years: 183.8–187.3%

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.

For the purchase of several units, contact us to discuss the selection best suited to your needs.

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.