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Hotel in Riga for sale!

1,600,000 €
509 € /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
    3,142 m²
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Property parameters
  • Land area: 4,296 m²
  • 4-floor building
  • 4 floor

The hotel is located in Kengarags area of Riga, in just 120 m from the river Daugava.

Convenient means of public transport to city center, just several minutes drive to the big LIDO restaurant complex with children playgrounds and ice skating area during winter time, as well as MOLS shopping center. Just nearby the hotel there is a restarurant LIDO as well.

The hotel building was erected in 1859 and completely reconstructed in 2006. The hotel offers 58 rooms, all furnished with wooden furtnire, classic style. All rooms have electronic chip access, safes, working table. Free parking, elevator.

In the hotel there is a confererence room with a small kitchen, SPA zone with 2 saunas, pool, massage room, solarium room and a small gym.

Several rooms on the 1st floor are rented out, for example, to a beauty salon and a car rental company, which only adds value for the hotel guests.

It is possible to purchase the hotel for 1,600,000 Eur, or the whole hotel complex with the hotel, the administrative and bowling building and restaurant for 4,500,000 Eur.

The bowling building is 4244 m², land plot — 6427 m². This is the biggest bowling in Latvia, with 24 bowling alleys and 24 good quality billiard tables.

It will be our pleasure to provide more information upon request.

  • Property on the map
    Location right down to the building, street or city

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

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You can see more hotels for sale in Latgale Suburb elsewhere on our website.

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Enquire about this hotel
Julia Morozova
Julia Morozova
Project Manager at Tranio.Com Capital Markets Department
+44 17 4822 0039
  • Bank financing from 4.8% annually
  • Property, plot and construction site survey
  • Management company services
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