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House ownership with great location for sale!

2,550,000 €
973 € /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
    2,619 m²
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Details
Property parameters
  • Land area: 1,624 m²
  • 4-floor building
  • 4 floor

The buiding for renovation is located in the superb part of Riga — Merkela street, right across the Vermana park, the facade part of the building facing the side of the park. Nearby there are such important buildings as: the main building of the University of Latvia, Riga Latvian Society, National Opera, popular restaurants Biblioteka Nr 1 and Tokyo City. The Old town is in just several min. walk through a nice park — Bastejkalns. Also in the walking distance there are big shopping centers Origo and Stockmann, Riga Central Market, Riga Central Station, as well as the historical Berga Bazars.

Commercial premises on the first floor and 23 apartments. The facades of the buildings are in good condition and do not require much investment.

  • 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 mixed-use buildings for sale in Latvia.

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Enquire about this mixed-use building
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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