residence permit @ jauna teika

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Page 1: Residence permit  @ JAUNA TEIKA

AFFORDABLE PRICES!

RESIDENCE

PERMITS

IN EU!APARTMENTS TO

LET!

FULLY FINISHED

APARTMENTS!

Page 2: Residence permit  @ JAUNA TEIKA

We are happy to offer you the opportunity to purchase an apartment in new residential project in Riga provided by one of the biggest developers in Latvia.

Hanner Real Estate Company will help you:

- To purchase apartment and complete the paperwork;- To get your apartment fully finished and furnished;- To acquire residences permit in EU;- To let an apartment;- 5%

New multifunctional residential project is a greatcombination of modern architecture, cozy interior,convenient location and balanced environment.

The project includes two residential buildings and abusiness center.

The residential buildings have 334 apartments altogether.The apartments in one building are completely sold out.170 apartments have found their owners at the moment.

The residential quarters

Page 3: Residence permit  @ JAUNA TEIKA

Location and conveniences

Location at Brivibas street and Eastern Ring Road guarantees youthe quick and easy access to any area of the city and outside it.

Transportation – The residential project is easily accessible both bycar and public transport. 14 public transport routes (including tram)are available just next to the residential buildings.

Great quality infrastructure – there are 4 shopping centers, 6schools (including Russian-medium ones), 6 kindergartens (includingRussian-medium ones), 8 gyms.

Entertainment facilities – bicycle paths, cinema, civic centre,ethnographic museum, zoo, and many other amenities.

Nice and friendly environment – the residential buildings areprotected from the busy highway noises by EUROPA Business Center.The neighborhood has several playgrounds, green recreational areas,and great places for walking and outdoor rest.

All the apartments have big panoramic windows, balcony or terrace.Most of them are glazed, so the apartments are sunny and warm.

Variety in apartment’s planning – 50 to 200 m2 of living space,individual planning designs, the opportunity to weld apartmentstogether.

Big multistory parking lot – the residential project has its own round-the-clock guarded and secure parking.

Page 4: Residence permit  @ JAUNA TEIKA

Residence permit in EU

What is a temporary residence permit? Residence permit is a document providing a foreigner the rights

to reside in the Republic of Latvia and travel to another EUcountries for 5 years without visas.

How to acquire a temporary residence permit? One of the ways to acquire a temporary residence permit is

purchasing real estate in Riga with the total value of thetransactions not less than 100,000 Lats (around EUR 143 000).

What are the documents to be submitted to receive atemporary residence permit?

- Sale and purchase agreement and Land register in the name ofthe applicant for a temporary residence permit

- Filled application form for a residence permit request- Certificate of no criminal record- A document confirming the necessary subsistence- A document confirming the state duty payment.

“Hanner” will provide you legal support in acquiringtemporary residence permit according to the Legalsystem of Latvia.

Service fee for acquiring temporary residence permit (allthe paperwork and consulting) is EUR 6000

Page 5: Residence permit  @ JAUNA TEIKA

Sample apartment #1

Overall floor area - 58,1 m2

Residential area - 48,5 m2

Terrace - 9,2 m2

9th floor

Price (in shell condition) – EUR 69 984

Finishing price, m2 – EUR 175

Furnishing cost – EUR 3824

Total cost – EUR 82 243

Rent per month – EUR 400

Rent per year – EUR 4 800

Utility and maintenance bills are paid by tenants

Annual yield – 5,8%

Page 6: Residence permit  @ JAUNA TEIKA

Sample apartment #2

Overall floor area - 119,8 m2

Residential area - 99,1 m2

Terrace - 9,2 m2

Number of rooms: 3

5th floor

Price (in shell condition) – EUR 119 929

Finishing price, m2 – EUR 175

Furnishing cost – EUR 11 000

Total cost – EUR 148 272

Rent per month – EUR 785

Rent per year – EUR 9428

Utility and maintenance bills are paid by tenants

Annual yield – 6,3%