Apartment house in Baltezers

€ 3,800,000

Description

The new project “2Ezeri”, located in Baltezers, Latvia (https://goo.gl/maps/AKREaqvVC3v) is a new, modern and unique residential complex, consisting of 48 apartments, underground parking lot, and children’s playground.

The apartment complex has a nicely planned living space, big terraces and an amazingly charming surroundings & infrastructure – its located between 2 lakes, Big and Small Baltezers, while being only 5 km away from the capital city Riga. The closeness of Riga ensures a great infrastructure around the project, including schools, shopping centers, sports centers etc.

Information about the property: Land plot area: 0,54ha; Floors: -1 to 4; Apartment total area: 4'364.9 m²; Housing outdoor area: 1'314.4 m² (terraces and balconies); Number of apartments: 48 (area from 39 m² to 120 m²). 21 one bedroom, 22 two bedroom, 4 three bedroom and 1 four bedroom apartments. Underground parking: 1'149.4 m². Utilities: central gas heating and hot water, district cold water supply and sewage, elevator. Current status – in operation and ready for sale of apartments.


Expected revenue: From the sales of apartments: 4,200,000 EUR; From the parking lot (48 units) sales: 464,640 EUR; Together: 4,668,340 EUR; ROI: 23%


Property details

Floor
-1 to 4
Close to
Lake
Type of location
Suburb
Number of premises
48 apartments
Type of parking
Garage
Ownership type
Proprietary
Payback period
1 year
Year of construction
2016

Location

Baltezers

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