We offer for sale the operating 3-star hotel.
Hotel is located in the quiet center of Riga, only a few minutes walk from the Old Town.
The main sights of Riga such as the Latvian National Theater, the Art Museum, are also close to the Hotel. Distance to the Old Town — 1 km, to the Central Railway Station: 1.5 km, to the International Airport ”Riga“ — 10 km.
The hotel building was built in 1901 and fully renovated in 2006. The hotel offers 83 comfortable rooms of ”standard“, ”superior“ and ”suite“ categories; a complex for sports and relaxation, which includes a sauna, a jacuzzi, an equipped gym; three conference rooms capable of up to 85 people; a restaurant; an inner yard with a terrace and a small parking for cars.
Since 2009 the hotel is a part iof the sixth largest hotel chain in the world, which provides a steady stream of guests and a stable income.
We can help you with your Latvian residency permit application when buying a property worth €250,000 or more.