Property search
Mercury Group
For sale an investment property in Riga
- Latvia, Riga, Teika
- Raunas
Property description
ID: LV-22403
- Latvia, Riga, Teika
- Raunas
Category
Investment project
Status
Secondary market
Total m2
12114 m2
Deal type
For sale
Price per m2
€ 165
Price
€ 2 000 000
Currency calculator
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An investment object with a total land area of 12114 m2 is being sold. On the land area there are 2 buildings, each 1000 m2. One administrative building is in good condition, the other needs reconstruction. The status of the land - mixed construction area with residential function, the maximum number of floors is 5.
The property is located geographically in a very good location with very well developed infrastructure.
The property is located geographically in a very good location with very well developed infrastructure.
Basic parameters:
Building permission:
Yes
View characteristics:
Yard view
City view
Recreation and infrastructure within a radius of 1 km:
Supermarket
Restaurants / cafes
Мedical facilities
Park/garden
Finance and management:
Mortgage available
Rental service
Management company's services
- Latvia, Riga, Teika
- Raunas
Category
Investment project
Status
Secondary market
Total m2
12114 m2
Deal type
For sale
Price per m2
€ 165
Price
€ 2 000 000
Currency calculator
From
To
Ask full information about the property
Mercury Group, SIA
What you should know, purchasing a property in Latvia
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
return on investment and capitalization from sale of real estate.
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* After 1 year you check out and loose 0 EUR
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
Loan left (without loan %):
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Total property cost:
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