Plavas in Riga

Name: Sales in Plavas started!
Start: 2022-02-24T10:50:36.702514+00:00
End: 2023-12-31T23:59:59+0000
Location: Plavas

Renders

Construction

Live Stream

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

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

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

Reviews about Plavas

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

Project info

Object ID: 18619

Finished at	December 2022
Price, m²	From 2600$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 77.00 m²
Floors	3
Apartments	12
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

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

200,200$

Net profit

8,283$

Payback period

18.9 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Plavas

About the project

The historical charm of the neighborhood in a new form.

Pļavas apartments are located on the border of Avotu / Grīziņkalns, on the oldly renovated Pļavas Street.

Pļavas and Mūrnieku streets have been historically renovated with elegant lanterns, cobblestone pavement on the carriageway and sidewalks and a very small flow of traffic, making it a peaceful corner in the center of Riga. This historic, peaceful charm does not show for a moment that you are only a few minutes away from such everyday important places - schools, kindergartens, parks and shops.

Everything you need is a 3-15 minute walk away.

The project plans to restore the existing building and improve the yard.

New owners have the opportunity to participate in the creation of planning and interior design.