4 room house 102 m² Riga, Latvia
Latvia, Riga
€70,000
€686/m²
Location
Property characteristics
Building parameters
-
Rooms4 -
Bathrooms4 -
Total area102 m² -
Land area102 m²
Description
Ready-to-go business for sale with high profitability – a building with rental apartments!
Key information:
- Price: €70,000 (the price for all 4 apartments)
- Profitability: 15% annually
- Payback period: 5.9 years
Property description:
- A building with a total area of 102 m², consisting of 4 fully furnished apartments, each 24 m².
- All apartments are currently rented out.
- 2 separate entrances: 2 apartments accessible from each entrance.
Building condition:
- Fully renovated in 2019.
- New roof installed.
- All utilities replaced (electricity, plumbing, flooring).
- Heating and air conditioning provided by heat pumps – an energy-efficient solution.
Advantages:
- A ready-made business with tenants.
- Stable income from apartment rentals.( Net profit amounts to €950 after all taxes have been paid. )
- Convenient location (just 10 minutes from the property, you'll find all the necessary amenities: the prestigious Mežaparks district with its natural beauty, schools, kindergartens, shops, and a picturesque forest for walks and active recreation).
Why buy this property?
- High profitability and fast payback.
- Your chance to invest in a stable and profitable business!
Key information:
- Price: €70,000 (the price for all 4 apartments)
- Profitability: 15% annually
- Payback period: 5.9 years
Property description:
- A building with a total area of 102 m², consisting of 4 fully furnished apartments, each 24 m².
- All apartments are currently rented out.
- 2 separate entrances: 2 apartments accessible from each entrance.
Building condition:
- Fully renovated in 2019.
- New roof installed.
- All utilities replaced (electricity, plumbing, flooring).
- Heating and air conditioning provided by heat pumps – an energy-efficient solution.
Advantages:
- A ready-made business with tenants.
- Stable income from apartment rentals.( Net profit amounts to €950 after all taxes have been paid. )
- Convenient location (just 10 minutes from the property, you'll find all the necessary amenities: the prestigious Mežaparks district with its natural beauty, schools, kindergartens, shops, and a picturesque forest for walks and active recreation).
Why buy this property?
- High profitability and fast payback.
- Your chance to invest in a stable and profitable business!
Posted at: 25/11/2024
Updated at: 25/11/2024
Location on the map
Latvia, Riga
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Agency
Metropolis Group
Languages
English, Русский
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Agency
Metropolis Group
Languages
English, Русский
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