9% NOI and 18% return on investment Apartment building

133 Rental apartments plus 5 stores. All leased and in excellent condition, in Riga centre.

Price is 5.6 million Euros, below valuation.

Investor needs 2 million Euros. Rest is bank mortgage.

Investor will receive an 18% 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.