BALOZU 9 in Riga

Name: Sales in BALOZU 9 started!
Start: 2022-02-18T12:04:06.682868+00:00
End: 2023-12-31T23:59:59+0000
Location: BALOZU 9

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Project info

Object ID: 18374

Finished at	December 2022
Price, m²	From 4400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 39.00 m²
Floors	3
Apartments	18
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

171,600$

Net profit

5,883$

Payback period

21.2 years

Avg property value increase per year

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Promos and discounts for BALOZU 9

About the project

Surrounded by the historical breath and peaceful mood of Pārdaugava in the shades of maple trees in Balzou Str.9 lies a beautiful apartment building. The cozy appearance invites you to enter, leave the whole world behind the doors to find that warm feeling of your home.

Located next to the Kalnciema Street a unique architectural heritage of 19th century and the creative Kalnciems quarter, where the traditional farmers' and craftsmen's market takes place on Saturdays. Shorter walks can be enjoyed in the historical streets of Āgenskalns. If your are up to longer walks, your mayvisit the ever-blooming Botanical Garden of the University of Latvia or the large Victory Park. The oasis of Daugava Ķīpsala entices with its cobbled streets and beautiful mansion charm - here visitors can enjoy wind breezes and great views of the Old Town. Agenskalns is a great place to indulge in sports activities in sports centers and swimming pool. Schools, small cafés and cozy restaurants are located in the closest area.

Developer

Hepsor – 10 years of excellence in residential and commercial environments, green thinking, innovation, and modern architecture. We are one …
Details about Hepsor