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

6,700,000 €
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Total area: 5,000 m²
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  • 6-floor building
  • 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. The lease agreement is valid until 2021.

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Enquire about this hotel
Elena Dudina
Real Estate Expert Tranio in Central District
+44 17 4822 0039
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    When you submit a request, you agree to our terms and conditions
    • Bank financing from 4.8% annually
    • Construction site audits
    • Management company services