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Auroom_project_en
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earnings
Profitability:
of 12 % p.a. + 20 % increase

AUROOM APARTMENTS

RENOVATION
Status:

Investing

Location:

Jurmala, Latvia

Opening Date:

Q2 2024

Type:

apartment complex

Capitalisation
forecast:

from 15%

Interest payment
schedule:

quarterly

Developer:
Auroom_project_en

INFORMATION:

Historic three-storey stone building built in 1914. Improvement and renovation works started in 2020 with the renovation of the facade. All renovations are scheduled to be fully completed by the 2024 season.

AuRoom Apartments is a first-class relaxing holiday in nature with the best SPA, restaurants, concert hall, and other entertainment for every taste, excellent infrastructure, and proximity to Riga.

AuRoom Apartments are located in a prestigious location in the heart of Jurmala, on Jomas Street. The sea, pine forest, restaurants, and shops are just a few steps away.

BENEFITS:

PROPOSED CONCEPT FOR THE LAYOUT DEVELOPMENT


• 18 apartments with an efficient layout with floor areas from 26 to 45 m²;
• One-room apartments - 4 apartments;
• One-bedroom apartments - 14 apartments.

MANAGEMENT COMPANY


ElitApart takes over the management of the property until its full realisation and payback. Marketing strategy and PR-promotion. Technical specialists systematically monitor the serviceability of all systems (water supply, drainage, electricity, etc.).

PROFITABLE INVESTMENT - DISCOVER RESORTS-HOLIDAY APARTMENTS


A PERFECT PLACE FOR HOLIDAYS AND ACCOMMODATION IN JURMALA
Your holiday home - a place to relax, rejuvenate, and be inspired. Your own hotel room, where you can stay whenever you want.

A PERFECT HOLIDAY AND A WISE INVESTMENT
Use your property for holidays when you want to, and generate lease income the rest of the time.

A SOURCE OF PASSIVE INCOME FROM SHORT/LONG-TERM LEASES
Lease out your property in the most popular holiday town in Latvia and the Baltics.

INFRASTRUCTURE:

Līvu Akvaparks (5 minutes away by car);
Riga historical centre (25 minutes away by car);
Dzintari beach (10 minutes away on foot);
Dzintari Concert Hall (12 minutes away on foot);
Dzintari Forest Park (10 minutes away on foot);
the main tourist street, Jomas;
Kazan Church (8 minutes away on foot);
Light House restaurant (18 minutes away on foot);
hotel and SPA complex Jurmala SPA (5 minutes away on foot);
Majori railway station (5 minutes away on foot);
Dzintari railway station (12 minutes away on foot).

INVESTMENT OPPORTUNITIES:

Comfortable apartments equipped with furniture and appliances with areas from 26 to 45 m²

THANKS TO OUR EXPERIENCE IN THE FIELD OF PROFITABLE REAL ESTATE WITH US YOU WILL BE EARNING MORE BY INVESTING IN ANY PROJECTS OF OUR COMPANY.

TIME TO INVEST IN PROFITABLE PROPERTY!

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