Revenue house 250 m² in Riga, Latvia

Latvia, Riga
Archive cost $788,402
Sold or out of date
Posted at: 26/05/2025
Updated at: 21/07/2025

Location

Country: Latvia
City: Riga
Address: Lacplesa iela

Property parameters

Total area: 250 m²

Description

Unique offer - a compact home in the center of Riga with 10 studio-type apartments.

Plannings are thought out so as to use the area as profitable as possible.

The apartments are sold with full finishing, now the building is being renovated.

Each apartment can be rented for 400-450 euros.

There are several packing places near the house.

Small apartments - studios are most in demand in the market and are rented in record time (tenants are foreigners, employees of international companies, students, as well as local residents coming from other cities).


Yields 8% per annum.

Location

Latvia, Riga