Leading real estate transaction company Latio has announced the launch of investment apartment sales in the unique Youston Co-Living project, located in the heart of Riga at 38 Krišjāņa Valdemāra Street. Investors have the opportunity to acquire fully furnished, fully equipped, and already leased studio apartments, providing a stable cash flow and generating guaranteed rental income from day one.
The Youston Co-Living development is one of the most prominent examples of the modern co-living concept in the Baltic States. While co-living has become a highly successful and sought-after residential model across major European cities, it has only recently begun gaining wider traction in Latvia. The building comprises 174 fully equipped private studio apartments, ranging in size from 12.2 to 27.2 square metres. The project currently boasts an impressive 93% occupancy rate, meaning new owners take over existing tenancy agreements and begin receiving rental income immediately after the transaction is completed.
Key Investment Highlights
- Purchase prices: From EUR 46,000 to EUR 105,000
- Apartment sizes: From 12.2 m² to 27.2 m² (prices starting from EUR 3,310/m²)
- Annual rental yield: Up to 11.18%
- Energy efficiency: Class A Energy Performance Certificate (complete building renovation completed in 2025)
- Low and predictable operating costs: Fixed monthly utility charges ranging from EUR 69 to EUR 99, depending on apartment size
Following a comprehensive renovation completed in 2025, the building has achieved the highest Class A energy efficiency rating. This not only meets modern Environmental, Social and Governance (ESG) standards expected by institutional investors, but also significantly reduces future capital expenditure risks while ensuring low operating costs.
“Youston is exceptionally well positioned to meet current market demand. It is a fully operational, income-generating investment product with strong returns — a rarity in today’s Baltic rental market. The co-living concept has become increasingly popular among young professionals and students. Beyond its prime location, the project’s extensive shared amenities foster a strong sense of community and contribute to long-term tenant retention,” says Armands Grīnbergs, Head of Real Estate Transactions at Latio.
To enhance residents’ quality of life and overall living experience, the building offers an extensive range of amenities that remain relatively unique in the Latvian residential market. Residents have access to a private cinema, a modern fitness centre, a steam sauna, a gaming room, co-working spaces, vending machines, and a spacious shared kitchen and dining area. Every studio apartment is fully furnished and includes its own private kitchenette and bathroom.
The development enjoys an outstanding location in central Riga at 38 Krišjāņa Valdemāra Street. Within just a few minutes’ walk are parks, major shopping centres, restaurants, universities, business districts and excellent public transport connections, ensuring consistently strong demand for high-quality rental accommodation.
Investors purchasing multiple apartments can also benefit from special terms. Buyers acquiring three or more apartments may choose an investment option with a guaranteed annual return of up to 9%.
