project details

SIA Stillwater

Short-term and long-term rental of real estate

SIA Stillwater is a real estate company focused on acquiring, renovating, and managing residential properties for both short-term and long-term rentals in Latvia. Founded in 1992, the company aims to create a managed portfolio of urban apartments located primarily in Riga and Jurmala.

General Information

Company Name:

SIA Stillwater

Founded:

1992

Registration:

Latvia, legal entity (SIA)

Main Activity:

Short-term and long-term rental of real estate

NACE Code:

68.20 — Rental and operating of own or leased real estate

Aleksandrs Matvejevs

Managing Director with 15 years of experience in residential real estate and short-term rentals

Project Overview

This project offers investors participation in a growing portfolio of income-generating properties tailored for tourism, corporate stays, and relocation clients.
Revenue is generated through centralized property management and online distribution channels like Booking.com and Airbnb.

Investment Objective

Creation of a portfolio of 2–4 rental properties
Renovation and setup for short-stay format
Brand development and listing on booking platforms (Booking, Airbnb)
Recruitment of an operational management team

Legal Structure

Legal form: SIA (Limited Liability Company)
Management company: Stillwater (legal support)

Investment Details

Minimum Investment: €50,000

Term: 5 years

Expected Return: TBD

Exit Strategy: Agreed buy-back of the share after the term

Form of Participation: Contribution to the company's share capital