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Dzirnavu iela in Riga

Name: Sales in Dzirnavu iela started!
Start: 2022-02-09T10:24:50.105848+00:00
End: 2023-12-31T23:59:59+0000
Location: Dzirnavu iela

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Project info

Object ID: 18054

Finished at	May 2020
Price, m²	From 3915$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 88.30 m²
Floors	8
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

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

344,520$

Net profit

9,376$

Payback period

29.3 years

Avg property value increase per year

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About the project

We offer to buy a three-room apartment with full finishing in the new project at Dzirnavu Street 36 a.

J5 is a complex of three high-class residential buildings in the quiet center of Riga, at the intersection of Jeruzalemes and Dzirnavu streets.

Planning:

- Spacious studio-type living room combined with kitchen, two bedrooms and two bathrooms.

- Living area 69.4 square meters;

- The balcony area is 18.9 square meters.

Interior decoration and quality

High quality full finish. High-quality materials and products of well-known brands have been selected for decoration and decoration.

Three-layer double-glazed windows with three different turning modes, which perfectly retain heat and suppress street noise to the maximum.

Floors - two-layer oak parquet.

Bathrooms have heated floors + DURAVIT and PAA plumbing, HansGrohe faucets.

Built-in LED backlight and centered area lighting.

Communications and security

Each apartment has an electronic utility consumption reading system.

Air conditioning and automatic ventilation in bathrooms and kitchens.

An Air-fresh system is installed, which ensures a constant supply of air

24h video surveillance.

KABA Master Key system, video intercoms connected to each apartment, concierge service and building entrance doors.

Environment and infrastructure

For the convenience of residents, a wide range of services is available without leaving the complex - from the parking lot to the services of a designer, from apartment cleaning to ticket reservation.