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№ 1,810,286
  1. Overseas property
  2. Commercial property
  3. Latvia
  4. Riga
  5. Vidzeme Suburb
  6. Central District
  7. Offices
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We offer for sale a office building in the center of Riga

6,500,000 €
2,157 € /m²
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  • Total area
    3,013 m²
Details
Property parameters
  • Land area: 746 m²
  • 4-floor building
  • 4 floor

For sale is offered office center on the border of Old Town — on one of the biggest and most prestigious streets in Riga- Aspazijas Bulvaris.

Office center was recently renewed and now is leased and brings 6% ROI. Property might be developed and its usable area might be increased by creating extra mansard floor (building size will increased up to 3286/1 m²) and elevator.

Currently total size of the building is 3012.7 m²

Usable area- 2391.25 m²

Size of the Land — 735.6 m²

Property is leased as office centre to different companies and has few commercial premises on the first floor.

Extra opportunities

We can help you with your Latvian residency permit application when buying a property worth €250,000 or more.

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  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

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

You can see more offices for sale in Central District elsewhere on our website.

Statistics in Riga

Price per m², €
1,733
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
62
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.

Compare with: London, Berlin, New York City, other location

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 numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics
Repurposing a building into a residence hall with a forward sale in Cologne
  • €2.6M investment amount
  • 10 % yield
  • 2 years project term
Application deadline: January 30

The best development offer

Repurposing a building into a residence hall with a forward sale in Cologne

Application deadline: January 30

  • investment amount €2.6M
  • yield 10 %
  • project term 2 years

Buying and repurposing a building into a student residence with a subsequent sale. Several investors with different shares can participate. Buyers are already interested (Forward Deal).

An apartment hotel with a restaurant, a 11–12 -storey concrete building with a terrace and balconies. Total area — 4,984 m², number of units — 270.

The property is located near the centre of Cologne, 1 km away from the Agnes district. There is a traffic interchange not far from the building, the closest public transport stop is 400 m away. There are 20 different educational institutions within a 3–5 km radius. All the necessary infrastructure facilities are located within walking distance.

The expected rental flow after commissioning — €1M per annum.

Invest in development project

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    €100M

    capital placed

    10 years

    in the real estate market

    1,000+

    deals since 2008

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    Enquire about this office
    Anna Kurianovich
    Anna Kurianovich
    Investment consultant in Central District
    +44 17 4822 0039
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      • Bank financing from 4.8% annually
      • Property, plot and construction site survey
      • Management company services

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          We offer for sale a office building in the center of Riga  ·  6,500,000 €
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