Monrepo in Riga

Name: Sales in Monrepo started!
Start: 2022-03-09T11:17:20.405613+00:00
End: 2023-12-31T23:59:59+0000
Location: Monrepo

Renders

Construction

Live Stream

Property for sale in Monrepo — look at the real estate search engine GEOLN.COM. Photo 1

Property for sale in Monrepo — look at the real estate search engine GEOLN.COM. Photo 2

Property for sale in Monrepo — look at the real estate search engine GEOLN.COM. Photo 3

Property for sale in Monrepo — look at the real estate search engine GEOLN.COM. Photo 4

Reviews about Monrepo

There are no reviews yet. You can be the first who rates it

Project info

Object ID: 18954

Finished at	March 2022
Price, m²	From 2400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 59.00 m²
Floors	4
Apartments	13
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
Add to free Travel & Invest tour
Add to autotour
Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

141,600$

Net profit

7,229$

Payback period

14.9 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Monrepo

About the project

In the place where the “Monrepo” style manor once stood, we have built a noble house in Teika district, which, with its remote but accessible location, allows you to spin a real haven of peace on the turbulent wheel of the city. Your new home will be in a quiet alley, but let the silence not be confusing because once you leave the closed area, you will need only a few steps to merge with the rhythm and possibilities of the capital.

The project has been designed according to the best traditions for this district and blends in with the area. The building’s facade is made up of a granite plaster finish.

The four-story building houses 13 apartments. Apartments with two, three and four rooms are located on the first three floors. Each apartment is different and can be adjusted to individual wishes for apartment decoration. One apartment is located on the entire top floor of the building with a total area of 121.5 m2 which will allow you to breathe in and enjoy the spaciousness.

Fans of fresh air and expanse will be delighted by the large windows, balcony, and 3-meter-high ceilings, which are a rather atypical size for the new projects. The building is connected to city communications.

There is a parking space for each apartment, as well as bicycle and pram storage inside the building. In order to protect the privacy of the residents, the area is surrounded by a substantial hedge fence. A well-thought-out and harmonious green area has been created around the building.