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We offer for sale a property for profitable

900,000 €
643 € /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
    1,398 m²
  • Yield
    8.5 %
  • Rental rate (m²/month)
    5 €
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Details
Property parameters
  • Land area: 1,801 m²
Tenants
  • Occupancy: 100 %

Property can be purchased as an investment object with the tenants and

stable income of 8.5% per year.

There are long-term tenants, high yield, it is definitely a good investment of your money.

The building is located near Mukusalas round. Well-developed infrastructure, close to Riga Plaza shopping centre, close to public transport, near to the river.

Total land area 1801 m²

Total area of building 1398 m²

Number of tenants — 2

Areas in lease First tenant rent-464 m²

Second tenant will rent-933 m²

First tenant Car serviss

Secondtenant AD BalticLtd. -International car parts dealer, whole saler.

Parking is available near building and neighboring streets.

This object is with high yield approx. 8.5% per year.

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 retail space for sale in Latvia.

You can see more retail space for sale in Riga elsewhere on our website.

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Julia Morozova
Julia Morozova
Project Manager at Tranio.Com Capital Markets Department
+44 17 4822 0039
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