All 4 photos

Investment projects – Central District, Riga, Latvia

3,500,000 €
5,065 € /m²
Learn the property location
Send the listing to yourself
  • Total area
    691 m²
Property parameters
  • Land area: 229 m²
  • 5-floor building

For sale is offered historical building located right in the heart of Old Town — facing Dome square. This is one of the most beautiful buildings build in Old Town, build in year 1901. In 2009 building was totally reconstructed and is kept in good condition, facade was totally restored, special lighting system installed.

Total size of the building is 914 m², including basement. Total rentable space is 691 m².

Currently building is rented to an apart hotel and bar/ restaurant on the 1st and 2nd floor (total size of 283 m²).

Developing potential:

style and design of the Hostel might be changed to Boutique Hotel level

mansard floor might be add, that will allow to increase total size of the building up to 100 m².

basement floor might be also renovated and use as the bar/ restaurant

Extra opportunities

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

Request details
  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other investment projects for sale in Latvia.

You can see more investment projects 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.

Show the entire statistics
Location choice
  • еще ...
  • City, Region, Country
  • Nothing found
  • Nothing found