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Hotel in Riga for sale!

1,600,000 €
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Total area: 3,142 m²
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  • 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.

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Enquire about this hotel
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+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