Revenue house 610 m² in Riga, Latvia

Latvia, Riga
€1,30M
€2,131/m²
;
ID: 3329173
Property ID on Realting
In CRM: 171030
ID of the ad on the website or in the company’s CRM
Last update: 18/01/2025

Location

  • Country
    Latvia
  • State
    Vidzeme
  • City
    Riga
  • Address
    Brīvības gatve

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €2,131/m²
  • Floor
    Floor
    3
  • Rooms
    Rooms
    22
  • Total area
    Total area
    610 m²

Building parameters

  • Number of floors
    Number of floors
    3

Description

The property in the sought-after area of ​​Teika is an ideal location for both local and foreign renters.

The property includes:

- 21 apartments (separate land registers)

- 1 office space

- separate boiler room

Parking spaces can be purchased for an additional fee.

The apartments are sold fully finished, furnished and equipped, each apartment is rented out for 400-550 euros.

Small studio apartments are in the highest demand on the real estate market and are rented out in record time (foreign tenants, employees of international companies, students, and also local residents coming from other cities.

The yield of a specific property is 9.42% per annum.

The building is completely renovated, individual meters for each apartment.

Location on the map

Latvia, Riga
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