INVESTMENT IN PROFITABLE PROPERTY FROM 100 000 € WITH
PROFITABILITY OF 9-15% PER ANNUM
make an inquiry, and get a special proposal from us
ElitApart - Profitable operator
WE MANAGE A NETWORK OF INCOME APARTMENTS ELITAPART:
- INVESTMENT PROJECT DEVELOPMENT;
- WE PROVIDE STABLE PROFITABILITY OF 9 TO 15% PER ANNUM;
- LEGAL RELIABILITY.
OUR PROJECTS ARE FOR YOU
AUROOM APARTMENTS
Profitability:
of 12 % p.a. + 20 % increase
Status:
Investing
Opening Date:
Q2 2024
Developer:
Location:
Jurmala, Latvia
R53
APARTMENTS
Profitability:
of 10 % p.a. + 50 % increase
Status:
Investing
Opening Date:
Q3 2025
Developer:
Location:
Jurmala, Latvia
WAVE LIFE
APARTMENTS
Profitability:
under development
Status:
Investing
Opening Date:
under development
Developer:
Location:
Riga, Latvia
Investment opportunities with ElitApart
The advantage of the ElitApart investment format is the centralised management of all business processes at all stages of the profitable property project
ElitApart guarantees property management until a full return on your investment
The occupancy rate is 35% higher than a stand-alone apartment hotel
Reliable occupancy of properties is irrespective of the season and political situation
Management, occupancy, effective optimisation, financial accounting, and auditing
ASSET MANAGEMENT
EACH INVESTOR CAN SEE A DETAILED REPORT OF THE STATE OF THEIR ASSETS ON REQUEST OR A QUARTERLY REPORT PROVIDED:
- FINANCIAL ANALYTICS FOR EACH PROPERTY;
- BALANCE AND HISTORY OF PAYMENTS;
- BOOKING CALENDAR;
- TO MONITOR THE CONDITION OF THE APARTMENTS;
- CONTACT CUSTOMER SERVICE;
- FIND NEW INVESTMENT PROPERTIES.
Benefits of INVESTING in PROFITABLE property
guaranteed return on investment for each square metre of an apartment hotel
an apartment hotel network brand that will ensure the highest apartment hotel occupancy in its region regardless of the season
the ability to transfer responsibility for its assets and operations to the apartment hotel operator as part of an agreement
stable management and profitability system in the ElitApart apartment hotel network
TIME TO INVEST WITH ElitApart
Apartment hotels show a higher return on investment than residential and office properties
RECOVERABILITY
LIMITEDNESS
Land plots in attractive tourist regions have almost run out of space
IMPROVEMENT
Prices for apartments in Latvia increase annually by at least 5-10%
MANAGEMENT COMPANY
Hotel operator ElitApart will provide its services to a limited number of apartment hotels
LEISURE INDUSTRY
Domestic tourism in Europe is increasing by 20-30% annually
ElitApart
TIME TO INVEST IN PROFITABLE PROPERTY!
Leave a request for feedback for a telephone consultation
ANSWERS TO QUESTIONS
You own a scarce property in the city centre. Its value increases by 0.5-1.5% per annum in euros (€), plus lease income.
If you wish, you can perform all the functions that we perform on your own.
We select projects according to a 32-point checklist. It includes legal and technical checks — you are investing in a legally clean project. The apartments are in your ownership.
Unlike a new building, you don’t have to wait years for the building to be commissioned. The apart-hotel will be ready for lease in 6-9 months from the date of transfer of ownership, depending on the area of the property.
If we miss the commissioning deadline, we will pay penalties as stipulated in the agreement.
When purchasing one or two non-residential properties with a total value of € 250,000 or more and a cadastral value of at least € 80,000, a residence permit in Latvia (EU) can be obtained by both the property buyer and his/her family members — spouse and their minor children.
Everything except paying taxes is handled by our management company. This includes marketing, promotion, consumables, maintenance staff, cleaning, minor repairs, utilities, high-speed internet, etc.
At the time of purchase, the purchaser pays a one-off payment of state duty, stamp duty, and notary fees. The annual taxes of the owner of the apartment include ownership and income taxes.
You can sell an apartment in the centre at any time in 1-3 months. We will take this work on ourselves