property picture

Rental apartment

The apartment is located in a historic building on Šķūņu Street 6, in the heart of Riga’s Old Town. This property offers a unique opportunity to experience the city’s cultural heritage while enjoying spacious, modern living. This thoughtfully designed 2-bedroom apartment features an ergonomic layout, with two fully furnished and well-equipped bedrooms and a cozy, inviting living room, all tailored to meet high standards of comfort and sophistication. Ideal for both short-term and long-term rental opportunities, this property combines prime location with timeless appeal.
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Market value
218 014
Total fees & taxes Total fees and taxes associated with the purchase of the property.
22 912
Expected annual capital appreciation Potential annual increase in the value of the property based on historical values from sources selected by Mintos. If the property value (capital) appreciates, investors holding the investment may benefit when the property is sold. Capital appreciation is not guaranteed.
3%
Expected monthly gross revenue
3 333.33

Invest

ISIN
LVX0000JO6B4
Expected interest Your interest income is based on the cash flows from net rent payments, which might fluctuate based on occupancy and market rates. Payments are collected by a legal entity which owns part of the property. Full details on the setup can be found in the prospectus and final terms.
6.5%
Interest payment
Monthly
Underlying real estate
Rental apartment
Commitment date Date when reserved funds will be locked. Until the commitment date, you can still cancel your order.
17.12.2024
Execution date Your order is scheduled to be executed on this date. Once it has been executed and the property acquisition process is finalized, then the interest will start to accrue.
19.12.2024
Maturity date Expected principal repayment date
25.12.2054
Liquidity Real estate can be sold on the Mintos Secondary Market, providing the flexibility to sell investments when desired.
Sell on Secondary Market
Initial principal
240 926
Issuer
SIA Mintos Finance No.55
Property entity
SIA Entrum Latvia (Latvia) SIA Entrum Latvia (Latvia)
This offer has ended.