RIGA · UNIT 87
Studio · 33 m² · Floor 11/29
Existing property · furniture and kitchen to be installed South-east exposure · Panoramic views towards central Riga
€126,171 Estimated total budget, fees and fit-out included
7.3–7.9% Estimated average gross rental yield over 20 years
5.6–6.1%/year Estimated average annual net yield over 20 years
€7,054–€7,708/year Estimated average annual net income over 20 years
Projection · conservative to high scenarios · not guaranteed
The rental projections below are not year-1 yields.
THE PROPERTY AT A GLANCE
A modern residential complex approximately 15 minutes from central Riga. Suitable for long- or short-term letting.
Available to let after the planned fit-out. The budget includes €11,000 for furniture and a kitchen to be installed. No renovation allowance is included.
The photos show unit 87.
YOUR BUDGET
Purchase: €106,026 Acquisition duties: €2,121 Stamp fee: €15 Notary: €209 Improvements: €0 Furniture and kitchen: €11,000 LifeInvest® fees: €6,800
ESTIMATED TOTAL: €126,171
Acquisition costs including fees: €9,145. All-in budget per m²: €3,823/m². Rounded amounts; works and furnishings included as itemised above.
YOUR ESTIMATED INCOME
The income figures below are projected annual averages over 20 years. The reference monthly rent and year-1 gross rental and net operating yields remain to be confirmed.
Long- or short-term letting is possible. The model retains references from LifeInvest’s high- and low-season rental experience; these do not establish that the projected income can be achieved through long-term residential rental alone.
LONG-TERM RENTAL INCOME
Projected annual averages over 20 years
Annual gross income: €9,170–€9,934
Gross yield: 7.3–7.9%
Net yield before local taxation: 6.3–6.9%
Net yield after local taxation: 5.6–6.1%
Annual net income: €7,054–€7,708
Average annual costs over 20 years: €2,116–€2,226 Modelled management, accounting, insurance, refurbishment and taxation.
Gross rental yield supports market comparisons over the same time horizon. Net yield also reflects the main operating costs.
Yields are calculated on the total invested budget of €126,171, not solely on the property purchase price.
Net figures after local taxation include modelled operating costs, rental vacancy and local tax, before financing and personal taxation.
Final taxation may vary depending on the investor’s tax residence and ownership structure.
PROJECTED RETURN ON RESALE
Conservative → high scenario. ROI is cumulative, not annualised.
After 6 years Cumulative ROI: 38.4–41% Projected net gain: €48,479–€51,710
After 10 years Cumulative ROI: 69.4–73.9% Projected net gain: €87,535–€93,253
After 16 years Cumulative ROI: 122.1–130% Projected net gain: €154,070–€163,960
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.
For the purchase of several properties, contact us to discuss the most suitable selection.
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.