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Mixed-use building – Central District, Riga, Latvia

9,500,000 €
2,235 € /m²
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  • Total area
    4,249 m²
Property parameters
  • 6-floor building
  • 6 floor

Exclusive household in the Heart of Old Town.

Perfect choice both for private investors and big international companies.

Total area of the complex is 4,249 m², usable area is 3,238 m².

555.3 are used as private apartments, mainly small and medium (1–2 bedrooms). All flats are leased without furniture, but with fully equipped kitchens and bathrooms.

2,682 m² are used as offices and commercial premises. Almost all premises are currently leased. On the first floor of the building luxury boutiques are located.

Building is equipped with 24 hour security, concierge, vied control, air conditioning, ventilation system and intercom.

Property in Old Town always will be valuable and profitable because of its unique location.

Average rent per m² for the offices in Riga currently is 15 euro per m² + VAT and utility payments. First floor boutiques might offer around 50 euro/m² per m².

Unique location in the Center of Old Town. Office center or located on Vaļnu street 3 in beautiful passage, that unites Vaļnu street and Famous Livu Square. Old Town is most exclusive location possible in Riga, everything is nearby – hotels, restaurants, cafes, shopping centers. Just 20 minutes by drive to the Airport and 30 minutes to reach Jurmala.

Historical, renewed building in very good condition, high speed elevators, 24 hour security, air-conditioning, ventilation system and efficient independent gas heating are provided.

Extra opportunities

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

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    Location right down to the building, street or city
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More properties

If this property wasn’t for you, take a look at other mixed-use buildings for sale in Latvia.

You can see more mixed-use buildings for sale in Central District elsewhere on our website.

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 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 and based on the answers of its users.
Tranio does not guarantee its reliability.

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Anna Kurianovich
Anna Kurianovich
Investment consultant in Central District
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