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.

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Enquire about this hotel
Elena Dudina
Real Estate Expert Tranio in Riga
+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