Mercury Group
A household with 22 apartments in Riga centre for sale
- Latvia, Riga, Teika
- Brivibas gatve (Teika)
Property description
- Latvia, Riga, Teika
- Brivibas gatve (Teika)
It is just 10 minutes drive to the city Center, but this area itself is well developed with offices, shops, schools and all necessary for living.
The household includes:
- 21 studio apartments
- 1 office
- utility room with indivudal gas heaitng
Parking might be bough for additional fee.
The apartments are sold fully finished, furnished and equipped, each apartment can be rented out for 400-550 euros.
Small studio type apartments are the most in demand on the real estate market and are rented out in record time (foreign tenants, employees of international companies, students, as well as local residents coming from other cities.
The yield of a particular household is 9.42 % per annum.
Basic parameters:
Finance and management:
Location on Map
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Latvia, Riga, Teika
- Brivibas gatve (Teika)
What you should know, purchasing a property in Latvia
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.