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Wave_Life_project
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earnings
Profitability:
under development

WAVE LIFE

NEW PROJECT
Status:

Investing

Location:

Riga, Latvia

Opening Date:

under development

Type:

apartment complex

Capitalisation
forecast:

till 55.7%

Interest payment

quarterly

Developer:
Wave_Life_project

INFORMATION:

Wave Life is the first service apartment project in Riga with a wide range of profitable investment programs, generating a stable lease flow. It is envisaged both for your personal comfortable living as well as a promising object for investment in energy-efficient property in an EU country.

By investing in this project you will get an energy efficient flat property in the most rapidly developing neighborhood of Skanste in the central part of Riga.

This project is being developed by a team of leading architects in Latvia, taking into account innovative technologies, ergonomics, comfort, and energy efficiency, which will allow for significant savings on utility bills.

BENEFITS:

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 ENERGY-EFFICIENT APARTMENTS IN THE BUSINESS CENTRE OF RIGA


Property investments:

• Property investments in Europe;
• Residential Property, Commercial Space and Car Parking places;
• Stable lease income up to 11.6% per annum;
• The management company will ensure maximum occupancy of the apartments;
• Guaranteed lease income option;
• Profitability from growth of cost per m² up to 55.7%;
• Very high energy efficiency is the key to low utility bills;
• Property status: flat ownership.

PROPOSED CONCEPT FOR THE LAYOUT DEVELOPMENT


Two six-storey buildings:

• 44 apartments with residential status: 22.8 m², 32.6 m², 37.5 m², 40.1 m², 49 m², and 66.8 m²;
• Studio apartments: from 22.8 till 40.1 m²;
• 1 bedroom apartments: from 49 till 66.8 m²;
• 2 penthouse apartments: 137 m² each;
• Commercial spaces: from 25.8 till 88 m²;
• 14 car parking spaces.

INFRASTRUCTURE:

Riga old town (15 minutes away on foot);
the resort town of Jurmala (30 minutes away by car);
Riga airport (20 minutes away by taxi);
Riga railway station (10 minutes away by taxi);
Riga Zoo and Mežaparks Recreation Park (15 minutes away by car);
Riga School of Design and Arts (1 minute away on foot);
Banking High School (8 minutes away on foot);
Rimi shopping centre (8 minutes away on foot);
Riga Maternity Hospital (5 minutes away on foot);
multifunctional sports and concert complex Arēna Riga (10 minutes away on foot);
Rimi Olympic Centre (8 minutes away on foot).

INVESTMENT OPPORTUNITIES:

Comfortable apartments equipped with furniture and appliances with areas from 22.8 to 66.8 m², penthouses of 137 m², commercial areas from 25.9 till 88 m², as well as 14 parking spaces.

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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