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Revenue house 2 700 m² in Riga, Latvia

Latvia, Riga
€1,30M
€481/m²
;
Revenue house 2 700 m² in Riga, Latvia
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Description Description
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Location

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  • Country
    Latvia
  • State
    Vidzeme
  • City
    Riga

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €481/m²
  • Total area
    Total area
    2 700 m²

Exterior details

Exterior features:

  • Yard

Description

Latvia Riga Income House (9 % per annum net) Income house consisting of 3 buildings (total area 2700m2): 1. building 58 m2 2. new building 984 m2 (commissioned in 2000) 3. old building 1704 m2 (all communications and ceilings are replaced) Land for rent: 2297 m2 Land area: 2400 m2 Number of tenants: 12 (warehouses, shops) Rental cost: warehouses 3.5 € / m2, stores 7 € / m2 For rent 98 % total area Rental income including VAT: 12 051 € per month (144 612 € per year) All accounting is official! Number of employees: 5 (3 security guard, 1 janitor, 1 manager) Real estate tax: 11234 € / year (payments for 936 € / month) NetTO profitability (after payment of ALL expenses and taxes): 9 % per annum Price: 1 300 000 €
Updated at: 23/12/2024

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Latvia, Riga
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Revenue house 2 700 m² in Riga, Latvia
Latvia, Riga
€1,30M
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