Hostel with good yield

ID: 2986
Riga, Latvia
397.6m² area

Price:

€ 250,000

OVERVIEW

Hostel with good annual yield.

Good location in a quiet residential area in Jugla. 400 meters to Brivibas Street.
The house has a green patio. The house is built of brick and aerated concrete.

Home was completely renovated 6-5 years before. Was overhauled and insulated, installed gas boiler and new radiators, replacement of water pipes and sewage pipes, basement and veranda arranged heated floors.

Three-storey house total area of ​​397.6 m2. Lot area - 732 m2. The house has a total of 17 rented rooms, 4 communal kitchen and 5 shared shower / toilet. All rooms are constantly rented - for a price of 210 EUR to 300 EUR mēnesī. Utilities are included in the rent price.

The house has about 40 beds rent for 3.5 euros for bed per day. House partly managed by the tenants themselves. The tenants are for long period.

Investment object with a good yield.

CHARACTERISTICS:

Area (m²): 397.6
Floors in the building: 3
Land area: 732

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Alexandra Meyer
Personal assistant
Alexandra Meyer
Personal assistant