RIGA · UNIT 1
Studio · 15.1 m² · Floor 1/4
West, courtyard view
€71,519 Estimated total budget
5.5–9.6 % Projected net rental yield
€3,903–€6,872/year Projected annual net income
67.4–103.5 % 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 century-old building in central Riga, near the Radisson Conference & Spa. Full ownership.
Building condition: Fully renovated, excellent condition.
Rental status: Letting after the fit-out included in the budget.
Long- or short-term letting possible.
The photos show unit 1.
YOUR BUDGET
Purchase: €40,250 Notary: €350 Acquisition duties: €604 Stamp fee: €15 LifeInvest® fees: €6,800 Renovation: €0 Improvements: €18,000 Furniture and kitchen: €5,500
ESTIMATED TOTAL: €71,519
Acquisition costs including fees: €7,769
All-in budget per m²: €4,736/m².
Rounded amounts. Included costs are itemised above.
PROJECTED RENTAL INCOME
Conservative → high scenario.
Annual gross income: €5,349–€8,405
Gross yield: 7.5–11.8 %
Net yield before local taxation: 6.1–10.3 %
Net yield after local taxation: 5.5–9.6 %
Annual net income: €3,903–€6,872
Average annual costs over 10 years: €723–€767 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: 37.4–57.8 % Projected net gain: €26,730–€41,316
After 10 years Cumulative ROI: 67.4–103.5 % Projected net gain: €48,213–€74,028
After 16 years Cumulative ROI: 118.5–180.9 % Projected net gain: €84,716–€129,364
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.