Property search
Mercury Group
Rented out house ownership for sale!
- Latvia, Riga, Centre
- Katolu (Centre)
Property description
ID: LV-13119
- Latvia, Riga, Centre
- Katolu (Centre)
Object type
Commercial apartment building
House type
Renovated
Market
Resale
Reconstruction date
2016
Total sq.meters
2035 m2
Category
For sale
Price per m2
€ 2 211
Price
€ 4 500 000
The object is located at Katolu street. Convenient means of public transportation, park nearby. Several univercities in the vicinity.
The building is completely renovated just recently, in 2016 and is 100% rented out and bringing income. All apartments are made in small size, 22-46.3 m2, which increases rentability of the building per m2.
Nuber of apartments in total - 60.
Basic parameters:
Reconstruction date:
2016
Floor:
6
View characteristics:
City view
Recreation and infrastructure within a radius of 1 km:
Spa / beauty salon
Fitness club
Supermarket
Restaurants / cafes
Kids playground
Мedical facilities
Museum
Park/garden
Finance and management:
Mortgage available
Rental service
Management company's services
Location on Map
- Latvia, Riga, Centre
- Katolu (Centre)
Object type
Commercial apartment building
House type
Renovated
Market
Resale
Reconstruction date
2016
Total sq.meters
2035 m2
Category
For sale
Price per m2
€ 2 211
Price
€ 4 500 000
What you should know, purchasing a property in Latvia
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
return on investment and capitalization from sale of real estate.
50 years1 year
10%2%
25 years1 year
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* After 1 year you check out and loose 0 EUR
** 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.
Loan left (without loan %):
0 €
Total property cost:
0 €
