RIGA · UNIT 14A
Studio · 17.8 m² · Floor 4/5 (without a lift)
North-east, courtyard and brick-wall view, not overlooked
€70,570 Estimated total budget
5.4–6.8 % Projected average annual net yield over 20 years
€3,783–€4,764/year Projected average annual net income over 20 years
68.2–80.3 % 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: €62,300 Notary: €209 Acquisition duties: €1,246 Stamp fee: €15 LifeInvest® fees: €6,800 Renovation: €0 Improvements: Included in the total budget Furniture and kitchen: Included or customisable
ESTIMATED TOTAL: €70,570
Acquisition costs including fees: €8,270
All-in budget per m²: €3,965/m².
Rounded amounts. Included costs are itemised above.
PROJECTED RENTAL INCOME
Projected annual averages over 20 years
Conservative → high scenario.
Annual gross income: €5,349–€6,495
Gross yield: 7.6–9.2 %
Net yield before local taxation: 6.1–7.7 %
Net yield after local taxation: 5.4–6.8 %
Annual net income: €3,783–€4,764
Average annual costs over 20 years: €1,566–€1,731 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: 37.8–44.6 % Projected net gain: €26,656–€31,503
After 10 years Cumulative ROI: 68.2–80.3 % Projected net gain: €48,099–€56,676
After 16 years Cumulative ROI: 120.1–141.1 % Projected net gain: €84,765–€99,601
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.