2 bedroom apartment 91 m² Riga, Latvia

For sale: a 4-room apartment in a newly renovated project in the center of Riga - on Matīsa Street 29.

The project includes 18 apartments located in a 5-story façade building and a 3-story courtyard building.

Apartment:
- Total area of 49.41 sq.m
- Living room combined with kitchen
- Three bedrooms
- Two WC
- Corridor

Apartments in the project are sold without interior finishing, allowing for renovations to be done according to individual preferences.

Building:
- 3-story building in the inner courtyard
- the roof will be replaced, façade finishing and staircase areas will be restored
- a new heating system with individual meters will be installed
- new entrance doors to the building and apartment entrances will be set up
- a new sewage system will be installed, as well as new plumbing for cold and hot water
- a new electrical network will be laid
the inner courtyard will be landscaped
- 18 parking spaces in the courtyard area
- Maintenance - 0.60 euros
- Ownership divided into apartment shares

Additionally, it's possible to purchase storage space (3-4 thousand euros) and a parking space in the courtyard with or without a canopy (10 or 14 thousand euros).

Location:
- Quiet courtyard in the center of Riga
- Ziedondarzs Park within a five-minute walk
- Surroundings: Bērnu pasaule store, MyFitness fitness center
- Nearby are kindergartens, schools, and the Latvian Cultural College
- Vidzemes Market within a 15-minute walk
- Good access to public transportation

An investment opportunity:
- Comfort-class residential real estate
- Yield of 5-8% per year
- Over 10 available apartments in the project

The facade building on Matīsa Street 29 was built in 1935 according to the project of architect Teodors Hermanovskis. T. Hermanovskis' architectural heritage holds significant importance in Latvian architectural history.

The project has been put into operation. Renovation works are planned to be completed by the end of 2023.

Call to view this and other apartments in the building.