Hotel 1 903 m² en Riga, Letonia

Letonia, Riga

$1,14M

$597/m²

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ID: 3766798

In CRM: 53733

ID del anuncio en el sitio web o en el CRM de la empresa

Última actualización: 19/3/26

Localización

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País

Letonia
Ciudad

Riga
Dirección

Spikeru iela, 9

Características del objeto

Detalles de la propiedad

Precio por m²

$597/m²
Área total

1 903 m²

Utilidades / Detalles de energía verde

Información de agua:

Disponible

Gas:

Disponible

Electricidad:

Disponible

Descripción

Building Reconstruction into a Residential Project
Riga, Central Market area (UNESCO)

Investment Property
Spīķeru iela 9
A detached building with freehold land is for sale.

Price: €990,000
Price per m²: €520.23/m²
Total building area: 1,903 m²
Land plot area: 573 m²
Floors: 4

The property is located within the Riga Central Market area — a UNESCO-protected architectural ensemble.

Key Project Advantage:

✔ Approved reconstruction project (Būvvalde)

The project предусматривает:
• 43 apartments (22–46 m²)
• 18 storage units in the basement

The project is fully ready for implementation.

Current Building Condition:
Currently, the building includes:
• Warehouse premises
• Retail spaces
• торговые halls
• Basement
• Loading ramp
• Freight elevator

Engineering systems:
• Autonomous gas heating
• Connected to all city utilities:
– water supply
– sewerage
– electricity

Location — Strategic Advantage

The property is situated in a unique location:
• Riga Central Market territory
• Historic city centre
• High tourist and pedestrian traffic area
• UNESCO heritage zone

Location advantages:
• Strong demand for compact apartments
• Attractive for short-term and long-term rentals
• Developed infrastructure
• Excellent transport accessibility

Residential Concept:

Apartment sizes: 22–46 m²

Target audience:
• Young professionals
• Students
• Short-term rental tenants
• Investors (rental strategy)

Format advantages:
• High liquidity of small units
• Fast market absorption
• High yield per m²
• Possibility to sell units individually

Investment Highlights:

✔ Approved project ready to execute
✔ City centre location
✔ Freehold property
✔ All utilities connected
✔ Development potential
✔ High capital appreciation potential

Return Potential:

The project allows:
• Selling units individually
or
• Creating a rental income portfolio
or
• Selling the property post-reconstruction as a turnkey investment product

Low entry price: €520/m²
High upside potential after redevelopment