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Investment project with 11–12% ROI…

550,000 €
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Total area: 804 m²
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  • 2-floor building
  • 2 floor

Investment object with a yield of 11–12% per annum.

Retail and office center located in Kuldīga, in the heart of the city, on the main square on the street Liepājas.

The property consists of a two-story, brick building with a new extension (passage), the total area of 804 м² and the land plot of 1536 м². All areas of the center in excellent condition and 100% leased out.

Long-term lease contracts are signed with all tenants and registered in the Land Register.

The net annual yield is 67,360 Euros (without VAT) and 81,500 EUR including VAT 21%.

There is an approved expansion project to enlarge the area up to 2400 м².

Property value (according to property estimation results by Interbaltija): 710,000 Euros.

Object is suitable for obtaining a residence permit for two families.

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

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Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Kuldiga
+44 20 3608 1267
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    • Bank financing from 4.8% annually
    • Construction site audits
    • Management company services