House 20 rooms 1 421 m² Riga, Latvia

Latvia, Riga
€3,20M
€2,252/m²
;

Location

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

Property characteristics

Building parameters

  • The year of construction
    The year of construction
    2023
  • Rooms
    Rooms
    20
  • Total area
    Total area
    1 421 m²
  • Land area
    Land area
    1 421 m²

Utilities / Green Energy Details

Water information:

  • Yes

Gas:

  • Yes

Electricity:

  • Yes

Description

For sale - A class A apartment building with high energy efficiency.

Commissioned in summer 2023 apartment building.
Available for purchase in its entirety.
Potential:
- Rent out the apartments and make a rental building with 17 apartments + 2 commercial on the 1st floor,
- Sell separately each apartment and commercial premises.

Year of construction: 2021
Land area: 436 sq. m.
Number of floors: 7 floors plus underground floor
Total area: 1421 m2
Living area: 1302 m2

Total number of apartments: 17
All apartments are fully finished and equipped with sanitary facilities
Number of rooms: 2-3 apartments
Apartment areas: from 50 to 72 m2
Commercial premises: 2 premises on the 1st floor with showcase windows and high ceiling. Potential use: cafe, beauty salon, stores, office.

TECHNICAL CHARACTERISTICS:
Class A energy efficiency certificate
Elevator
Monolithically reinforced reinforced concrete
Central gas heating, electricity, water, sewage system

FINANCIAL INFORMATION:
Approximate annual net rental income (target): ~200,000 EUR
Yield (Net rental income/purchase price): ~ 6%

Location:
Riga city center, close to Dailes Theater.
Streetcar and bus stops are located in 100m.
Old Town and Quiet Center in 10-15 minutes walking distance.

More information by phone and e-mail.
It is possible to discuss the conditions.
Call to arrange a viewing.
Updated at: 19/02/2025

Location on the map

Latvia, Riga

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