Place 4 - Pirmais Premium investīciju projekts Rīgas centrā ar augstu rentabilitāti
The first Premium investment project in the center of Riga with high profitability.
79 apartments, perfect for a first home or investment. One of the main advantages of Place 4 is its excellent positioning at a significant intersection in the city center. All apartments are available with high-quality finishes.
Thoughtfully designed, ergonomic apartment layouts
1-bedroom and 2-bedroom apartments with thoughtful, ergonomic layouts that can be comfortably tailored to both short-term and long-term rental needs. In collaboration with Space 12, One Development offers ready-made interior design solutions and furniture for each specific apartment layout, significantly saving time to expedite returns on your investment.
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Design concept developed by Space 12
The design concept developed by Space 12 strikes a balance between practical materials and bold, vibrant design and color solutions in shared spaces. The interior of the apartments is thoughtfully designed to harmonize with the Marijas iela 4 building's facade, featuring light, natural tones and utilizing high-quality, durable modern materials. Large windows and high ceilings provide everything necessary to ensure that the compact yet relatively small-sized apartments are bright and inviting.
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A PIVOTAL INTERSECTION IN THE CENTER OF RIGA
Place 4 is located next to modern business centers. Proximity to Riga Central Station and other public transportation stops ensures excellent infrastructure and accessibility. Right across the street is the 'Berga Bazārs,' offering a variety of shops, cafes, and restaurants. It's hard to imagine a location more central than Place 4.
Investment calculator
A financial model tailored for short-term rentals has been developed for the project, which can be managed by One Development. We offer full-service short-term rental solutions, from furnishing apartments to leasing on platforms like booking.com and Airbnb, with 24/7 customer support.
Piemērs
2 ISTABAS
39.9M2
1 ISTABA
21.8M2
| Purchase price, EUR | 147,630 |
| Fee | 2,214 |
| Apartment furnishings (built-in and freestanding furniture) | 7,000 |
| Total investment amount (fully furnished) | 156,844 |
| Total investment amount (partially furnished) | 153,844 |
| Annual tax (owner natural person) | 80 |
| Estimated annual rent amount (fully furnished) | 9000 |
| Estimated annual rent amount (partially furnished) | 6600 |
| Annual tax (owner natural person) | 5.69% |
| Apartment profitability per year (fully furnished) | 4.24% |
| Payback with full furnishings/years | 18 |
| Payback with partial furnishings/years | 24 |
| Purchase price, EUR | 72,210 |
| Fee | 1,128 |
| Apartment furnishings (built-in and freestanding furniture) | 5,000 |
| Investments (only built-in furniture: cabinets and kitchen) | 3,000 |
| Total investment amount (fully furnished) | 81,338 |
| Total investment amount (partially furnished) | 79,338 |
| Annual tax (owner natural person) | 60 |
| Estimated annual rent amount (fully furnished) | 5160 |
| Estimated annual rent amount (partially furnished) | 4800 |
| Annual tax (owner natural person) | 6.27% |
| Apartment profitability per year (fully furnished) | 5.97% |
| Payback with full furnishings/years | 16 |
| Payback with partial furnishings/years | 17 |