Apartment building( 48 apartments)

Investment property for sale in the active center of Riga. Residential building with 48 apartments, 2 garages and 9 parking places. 75% of all apartments are fully furnished, with kitchens and bathrooms. The property was renovated in 2008. Internal communicatins had been replaced.
There are all communications - Autonomous gas heating system (30% less cost compared to the cost of apartments with Central heating).
All apartments are leased. No Soviet time lease agreements. Stable tenants. 
Without any encumbrances.

Price: 4.300.000 EUR. Additional investment is not required.
Return: 236.500 EUR.
It is possible to arrange a mortgage from 3.5% per annum.

Opportunity to purchase two profit real estates- Krišjāņa Barona 109 and Matisa 38- approximate price of € 11.3 million. Overall, there would be 181 apartments and 5 commercial premises.
Available many other profitable objects, which are not published on the Internet and information can be sent on request. (Sometimes with a significantly higher return).

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Email: info@domenika.lv