Latvia
City of Riga
Shopping center (8% per annum)
A large, well-known shopping center in a densely populated residential area of Riga, 20 minutes from the city center.
More than 50 tenants
Land area: 7000m2
Building area: 7400m2
All premises are rented out.
Lease agreements with large companies are concluded for a period of 5 years with an extension,
with small tenants - for 1 year with an extension.
Average rental price of 1m2: 4€
All tenants are permanent.
Profitability from renting per year (data for 2019): 8%
Price: 4,500,000€
The investor and his family have the right to obtain a residence permit
