Commercial property 2 703 m² in Riga, Latvia

Latvia, Riga
€4,50M
€1,665/m²
;

Location

  • Country
    Latvia
  • State
    Vidzeme
  • City
    Riga
  • Address
    Katolu iela

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €1,665/m²
  • Total area
    Total area
    2 703 m²

Description

Leasehold Apartment complex in Riga center for sale.

• 60 apartments
• 6 floors and basement
• Leasable area: 2 036 m2 / total area: 2 703 m2
• Land-plot 694 m2 with courtyard (green area) of149 m2
• No parking in the property, free parking available on streets Katolu and Jekabpils
• Prewar building. Fully reconstructed in 2019
• Average rent price: 9.8 EUR/m2
• As per May 2021: fully let
• Net Operating income in 2021 expected 222 TEUR

Location:
- Spacious recreational green area: ring-fenced courtyards with playground for the children
- Surrounded by magnificent and vast green park area available for walks and outdoor sport activities (parks called: Miera darzs – the Garden of peace - and Klusais darzs – the Silent garden)
- Just 10-15 minute walking distance form the Central Business District and the old town
- Excellent access to the public transport: (a) trolleybus, tram and bus stops 3-5 min. (b) central railway station 10 min on foot. (c) Airport – 15 minutes by taxi or 35 minutes on the bus (number 22). (d) the terminal bus stop/major hub (street Abrenes) for all the buses in Riga just 5-minute-walk away.
Updated at: 05/11/2024

Location on the map

Latvia, Riga
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