Hotel 210 m² in Riga, Latvia

Latvia, Riga
$565,973
$2,695/m²
;
ID: 3454295
Property ID on Realting
In CRM: 170784
ID of the ad on the website or in the company’s CRM
Last update: 17/06/2025

Location

  • Country
    Latvia
  • City
    Riga
  • Address
    Krisjana Valdemara iela

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $2,695/m²
  • Total area
    Total area
    210 m²

Description

We offer to purchase a major renovated building in the center of Riga, which operates as a coworking, but can be used as a Hostel if desired.



In 2014, the complete renovation of the building was completed: insulation, risers were replaced, the roof on which the terrace was created was replaced and strengthened. The building is used as a hostel, so the layout is kept as open as possible;

Earlier, when the building worked as a hostel on the first floor there was a reception hall, 2 auxiliary rooms, a large room with beds, a bathroom;



On the second - a large room with 20 beds. 14 + 6 beds in a separate room, auxiliary room, bathroom;



The area of the new terrace on the roof is 40m2;

Now the building is leased and brings a stable income. For heating, a geothermal heat pump is used, which was installed in 2014, city sewerage;



In the yard there is a parking space for 8 cars;

The building is located in the heart of Riga, 5 minutes walk to Old Riga, nearby public transport;





The brick building on Krishjana Valdemara Street is one of the best architectural monuments of national importance, the construction of which dates back to 1886.


What used to be stables has now been renovated to be a quiet island for those who travel and experience the world.

The building has its own specific historical context, which has been carefully and reliably preserved.



Writers and creative people come to Amalienhof Hostel Riga from all over the world, living in a vibrant historical setting, relaxing and getting inspiration and ideas for their new work!

Location on the map

Latvia, Riga
Infrastructure nearby
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