Hotel, Riga, Latvia

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Hotel, Riga, Latvia

650,000 €
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Total area: 450 m² Yield: 9.0%
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Features
  • Operating Incomе: 58,500 €
  • 4-floor building
  • Occupancy: 100%
  • Most recent total renovation: 2015
  • Total rooms: 17
  • Hotel rating: 3
  • Car parks

Recently renovated three-star hotel in the center of Riga.

Description

The hotel room capacity: 17 rooms.

Rooms are ranging from 15 m² to 20 m².

There is a parking in the territory of the hotel.

Equipment

  • gas heating system
  • CCTV

Financial performance

The absolute annual income is 58,500 €.

Current yield is 9%.

Location

The hotel is located in a 15-minute walk from the Old Town.

There are a railway station and a bus station nearby.

The Riga Airport can be reached in a 25-minute driva and the city port is in 15 minutes away from the property.

A convenient transport interchange, including public transport, connects the hotel with the main areas of the city.

Statistics in Riga

Price per m², €
1,743
Healthcare efficiency level
60
Crime rate
37
Real estate Price, €
Apartment in the city centre, m² 1,743.06
Apartment in a bedroom community, m² 1,071.11
Transport Price, €
Public transport, 1 ride 1.15
Monthly travel card 50.0
Taxi, 1 km 0.5
Petrol, 1 l 1.27
Food Price, €
Water, 1.5 l 0.58
Milk, 1 l 0.92
White bread, 500 g 0.83
Eggs, a dozen 1.7
Chicken fillet, 1 kg 5.11
Education Price, €
Kindergarten, per month 313.48
International school, per year 11,875.0
Health care index
Staff competence 67.8
Medical equipment 70.45
Research accuracy and completeness 61.64
Attitude towards patients 58.05
Security index
Crime rate 36.15
The risk of being robbed 32.96
The risk of car theft 45.94
The risk of break-in and property damage 46.88

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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Enquire about this hotel
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 17 4822 0039
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    • Bank financing from 4.8% annually
    • Construction site audits
    • Management company services
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