48 Rental apartments. All leased and in excellent condition, in Riga centre.
Price is 2.95 million Euros, below valuation.
Investor needs 1.1 million Euros. Rest is bank mortgage.
Investor will receive a 16% return annually on their investment, before profit tax.
Comes with management that can continue to do all functions – so easy to manage from a distance.
Freehold land. Low profit tax country of 15%. No foreign owner restrictions. Landlord friendly country.
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