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| Location: |
Riga, Town |
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| Price: |
€30000
£20364
$39872
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| Pictures: |
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| Description: |
Situated just across the river from the old town the will be a new bridge completed in 1 or 2 years time. This will dramatically change this area for the better.
Development has 17 blocks 3 stories high, pond running beside. Will suite middle class Latvian people.
Economically and politically stable. Just joined the euro in 2004 and high GDP (Gross Domestic Product) growth approx 6%, wages increasing 10% a year.
No capital gains tax to be paid if you own property for more than one year.
Good rent yields 6 to 12 %
Completion Date is 2007 to 2008 released in blocks.
We have experienced up to 700% return on invetment in 18 months!
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| Agent: |
Safe Property Investments
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| Company info: |
Safe Property Investments specializes in investigating and identifying property investment opportunities in emerging markets in Europe, the Middle East and Asia. We are primarily investors ourselves,we invest in what we offer our clients. You can use our years of success to invest wisely, be informed and remain in control.
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Contemporary Development Riga
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