For sale is a fully renovated and equipped 3-room apartment in Lestene, Tukums region with a proven long-term rental demand.

There is a pronounced shortage of quality rental apartments in this region, and the demand for well-equipped housing reaches 350–500 EUR per month.

This property is ready to start generating cash flow immediately.

Investment potential

Potential rental fee: 350–500 €/month
Potential gross income per year: 4,200 – 6,000 €
Price: 59,000 €
Projected gross yield: 7.1% – 10.2% per year
Additionally:

Low utility payments
Low NIR
No debts or encumbrances
Demand from families and remote workers
Ideal object for Buy-to-Let strategy or first investment property.

Property description

Renovated, fully furnished and equipped 3-room apartment (70 m²).

Alarm + smart video surveillance (the property can be controlled remotely)
New furniture and household appliances (Miele, Bosch, AEG, Electrolux, LG)
Midea Smart Home boiler with WIFI
Spacious loggia
Walk-in wardrobe
Spacious bathroom
Warm basement ~25 m² (a big bonus for tenants)
Asphalt parking
Sunny apartment, clean staircase, friendly neighbors

Technical condition of the house – minimal risks for the investor

2 new pellet boilers
Roof replaced 2 years ago
Rise pipes and water pipes replaced
2026 – new electrical installation in the staircase
Planned house insulation
This means: no large unexpected investments are expected in the coming years.

Location with stable demand

Lestene – peaceful, well-kept environment with infrastructure.

Distances:

Tukums – 21 km
Dobele – 20 km
Jelgava – 46 km
Jūrmala – 57 km
Riga – 70 km
Nearby:

Lestene Manor, Park and Church
New Museum (development = value increase)
Lake 3 km
Shop, pharmacy, kindergarten – 2 min
Public transport – 2 min
This location is in high demand for people who work remotely or in the Tukums/Dobele/Jelgava region.

Why is this a good investment property

Real tenant demand now

Ready to rent without additional investment

Renovated house = lower risks

Low maintenance costs

Growing demand for living close to nature

Potential increase in property value

If you are looking for your first or next rental property with a stable cash flow – this is a very strong option.