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We offer for sale an operating hotel in the center of Riga!

6,700,000 €
1,340 € /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
    5,000 m²
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Details
Property parameters
  • 6-floor building
Features
  • Balcony or terrace

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.

  • 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 hotels for sale in Latvia.

You can see more hotels for sale in Central District elsewhere on our website.

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Enquire about this hotel
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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