Floor: 5.
Area: 145.0 m2
Building type: Stone
Series: Pre-war building
Elevator: No
Balcony: No
Heating: Gas
Investment opportunity in the heart of Riga — one property consisting of three separate, newly renovated apartments.
All three apartments are sold as a single package, each already rented out, providing a stable and predictable cash flow. Project yield: ~7% per year.
Property composition (total 145 m²):
– Apartment No. 1 — 40.94 m²
– Apartment No. 2 — 31.50 m²
– Apartment No. 3 — 66.30 m²
– Floor: 5
– Heating: autonomous gas heating
– Additional: parking space in the courtyard
Building and surroundings:
– Staircase recently cosmetically renovated
– Well-developed infrastructure: schools, kindergartens, shops, public transport
– Excellent location — a quiet street near Riga city centre
Why is this a valuable investment?
– Three separate apartments — reduced vacancy risk
– High-quality, fresh renovation
– All tenants already in place — income from day one
– Clear and easily predictable returns
Investment opportunity in the heart of Riga — one property consisting of three separate, newly renovated apartments.
All three apartments are sold as a single package, each already rented out, providing a stable and predictable cash flow. Project yield: ~7% per year.
Property composition (total 145 m²):
– Apartment No. 1 — 40.94 m²
– Apartment No. 2 — 31.50 m²
– Apartment No. 3 — 66.30 m²
– Floor: 5
– Heating: autonomous gas heating
– Additional: parking space in the courtyard
Building and surroundings:
– Staircase recently cosmetically renovated
– Well-developed infrastructure: schools, kindergartens, shops, public transport
– Excellent location — a quiet street near Riga city centre
Why is this a valuable investment?
– Three separate apartments — reduced vacancy risk
– High-quality, fresh renovation
– All tenants already in place — income from day one
– Clear and easily predictable returns