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Warehouse – Zemgale Suburb, Riga, Latvia

2,400,000 €
1,100 € /m²

We can help you with your Latvian residency permit application when buying a property worth €250,000 or more.

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  • Total area
    2,180 m²
  • Yield
    7.0 %
  • Rental rate (m²/month)
    6 €
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Details
Property parameters
  • Land area: 6,000 m²
Tenants
  • Occupancy: 100 %
  • End of lease: 2022

Office and warehouse premises located in Riga, close to SPICE shopping Center.

Total size of the territory is 6,000 m² and it is possible to build additional premises and increase size of the leased m².

Property is fully leaed and bring stable income. There are just 4 tenants in the property, that provide easy management (all lease agreements have 5 year lease terms).

Tenants: Bureau of Architecture, warehouse of the lightening equipment, wholesaler of different goods and prodicer of Therapeutic additives.

Return of investment of this property is around 7%.

  • Property on the map
    Location right down to the building, street or city

Statistics in Riga

Price per m², €
1,733
Healthcare efficiency level
62
Index 62 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
62
Index 62 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 1,732.56
Apartment in a bedroom community, m² 1,076.71
Transport Price, €
Public transport, 1 ride 1.15
Monthly travel card 50.0
Taxi, 1 km 0.62
Petrol, 1 l 1.25
Food Price, €
Water, 1.5 l 0.59
Milk, 1 l 0.9
White bread, 500 g 0.85
Eggs, a dozen 1.65
Chicken fillet, 1 kg 5.26
Education Price, €
Kindergarten, per month 321.67
International school, per year 10,823.53
Health care index
Staff competence 67.76
Medical equipment 70.83
Research accuracy and completeness 63.0
Attitude towards patients 60.86
Security index
Crime rate 38.04
The risk of being robbed 32.0
The risk of car theft 46.81
The risk of break-in and property damage 46.9

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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If this property wasn’t for you, take a look at other warehouses for sale in Latvia.

You can see more warehouses for sale in Zemgale Suburb elsewhere on our website.

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Enquire about this warehouse
Olga Starintseva
Olga Starintseva
Investment Consultant at Tranio
+44 17 4822 0039
  • Bank financing from 4.8% annually
  • Property, plot and construction site survey
  • Management company services
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