160 000 €
Production building has a long-term tenant of property in the vicinity of Riga. The building is 850 sq.m. on 3,800 sq.m. land used for food industry. The building owner leases the building for 30,800 euros per year, including VAT. The lease contract for 10 years. A good tenant.
After deducting the property taxes and insurance, investment return in less than 7 years. Excellent investment in property!