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Rented out house ownership for sale

3,800,000 €
1,867 € /m²
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  • Total area
    2,035 m²
  • Yield
    8.0 %
  • Rental rate (m²/month)
    12 €
Details
Property parameters
  • 6-floor building
  • 6 floor
Tenants
  • Fully let

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.

High ROI — around 8% per year.

Extra opportunities

We can help you with your Latvian residency permit application when buying a property worth €250,000 or more.

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  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other apartment buildings for sale in Latvia.

You can see more apartment buildings for sale in Latgale Suburb elsewhere on our website.

Statistics in Riga

Price per m², €
1,733
Healthcare efficiency level
62
Index 62 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
62
Index 62 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 1,732.56
Apartment in a bedroom community, m² 1,076.71
Transport Price, €
Public transport, 1 ride 1.15
Monthly travel card 50.0
Taxi, 1 km 0.62
Petrol, 1 l 1.25
Food Price, €
Water, 1.5 l 0.59
Milk, 1 l 0.9
White bread, 500 g 0.85
Eggs, a dozen 1.65
Chicken fillet, 1 kg 5.26
Education Price, €
Kindergarten, per month 321.67
International school, per year 10,823.53
Health care index
Staff competence 67.76
Medical equipment 70.83
Research accuracy and completeness 63.0
Attitude towards patients 60.86
Security index
Crime rate 38.04
The risk of being robbed 32.0
The risk of car theft 46.81
The risk of break-in and property damage 46.9

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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Anna Kurianovich
Anna Kurianovich
Investment consultant in Latgale Suburb
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