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For sale investment property in Riga prestigious center…

2,200,000 €
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Total area: 4,400 m²
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  • Land area: 1,570 m²
  • 6-floor building
  • 6 floor

For sale is offered investment property in the center of Riga!

Profitable house on the street Ausekla was built in 1913 by the project of architect Max Deubner. The house is located in prestigious Forburg quarter of Riga. Well-developed infrastructure, prestigious location, a beautiful park, Old Town, sea passenger terminal and a yacht-club are located nearby.

Design project of the reconstruction is approved. 1st floor of the building is dedicated to commercial premises, but from 2 up to 6 floors — apartments. (150-200 sq. m.). The yield on investment of 8–10% per year.

Main information:

- Building area: 4,400 sq. m.,

- Apartment area: 3,183 sq. m.,

- Commercial premises (1st floor): 591 sq. m.,

- Utility rooms area (basement floor): 245 sq. m.,

- Number of apartments (150 -200 м2): 18,

- Number of floors: 6,

- Parking: 16 parking spots,

- Land plot area: 1570 sq. m.,

- All amenities, elevator.

Currently all premises are without finishing (“grey” finish).

Statistics in Riga

Price per m², €
Healthcare efficiency level
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
Index 63 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 1,739.74
Apartment in a bedroom community, m² 1,079.32
Transport Price, €
Public transport, 1 ride 1.15
Monthly travel card 50.0
Taxi, 1 km 0.6
Petrol, 1 l 1.25
Food Price, €
Water, 1.5 l 0.59
Milk, 1 l 0.89
White bread, 500 g 0.83
Eggs, a dozen 1.65
Chicken fillet, 1 kg 5.18
Education Price, €
Kindergarten, per month 312.41
International school, per year 11,647.06
Health care index
Staff competence 68.4
Medical equipment 70.96
Research accuracy and completeness 63.03
Attitude towards patients 61.11
Security index
Crime rate 36.33
The risk of being robbed 32.18
The risk of car theft 45.79
The risk of break-in and property damage 46.33

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

Show the entire statistics

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Anatoliy Onufriev
Anatoliy Onufriev
Investment Consultant
+44 17 4822 0039
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    • Bank financing from 4.8% annually
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