Hotel, Riga, Latvia

Additional information is provided after the signing of an NDA

Contact a manager at Tranio.com, and we will find you a suitable Hotel or property from among our 70,000 offers across 55 countries around the globe

Hotel, Riga, Latvia

650,000 €
Send a request
Send via email
Total area: 450 m² Yield: 9.0%
Send a request
Send via email
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, €
1,740
Healthcare efficiency level
62
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
63
Index 63 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 1,739.74
Apartment in a bedroom community, m² 1,079.32
Transport Price, €
Public transport, 1 ride 1.15
Monthly travel card 50.0
Taxi, 1 km 0.6
Petrol, 1 l 1.25
Food Price, €
Water, 1.5 l 0.59
Milk, 1 l 0.89
White bread, 500 g 0.83
Eggs, a dozen 1.65
Chicken fillet, 1 kg 5.18
Education Price, €
Kindergarten, per month 312.41
International school, per year 11,647.06
Health care index
Staff competence 68.4
Medical equipment 70.96
Research accuracy and completeness 63.03
Attitude towards patients 61.11
Security index
Crime rate 36.33
The risk of being robbed 32.18
The risk of car theft 45.79
The risk of break-in and property damage 46.33

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

More properties

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

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

Similar listings

We select ads that may interest you.

Submit a request for a purpose proposal
Anatoliy Onufriev
Anatoliy Onufriev
Investment Consultant
+44 17 4822 0039
Send a request
    When you submit a request, you agree to our terms and conditions
    • Bank financing from 4.8% annually
    • Construction site audits
    • Management company services
    Call us
    Send a request
    Location choice
    • еще ...
    • City, Region, Country
    Loading...
    • Nothing found
    • Nothing found