Latvia
City of Riga
Apartment house in the center of Riga
A great offer for investors:
a profitable residential building in the very center of Riga.
Building area 3150m2
A complete reconstruction was done in 2002
Owner's expenses - property tax: 14,500€/year
All apartments are rented out.
Rental income per year: 156000€
Netto profitability: 5.5% per annum
The price is reduced from 2,700,000€ to 2,550,000€
