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Hotel – Jurmala, Latvia

2,700,000 €
1,468 € /m²

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

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  • Total area
    1,838 m²
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Details
Property parameters
  • Land area: 5,472 m²

Real estate for sale — a hotel building, which is located on the most popular street in Jurmala — Jomas Street.

The property consists of a land plot of 5472 sq. m., on which the following buildings are located:

  • the hotel itself — 1838 sq. m.;
  • administrative building — 366.6 sq. m.;
  • cafe/shop — 54.4 sq. m.;
  • administrative building — 120.1 sq. m.;
  • commercial building — 225.7 sq. m.
The property is located in the heart of Jurmala, at the beginning of the main pedestrian and tourist street — Jomas. Excellent transport links, near the railway station, as well as convenient and spacious car parks. Large patency of tourists. Distance to the sea is about 500 meters.

The main building of the hotel was built between 1923 and 1925, architect Arthurs Medlingers. The hotel is a national cultural monument. It is possible to reconstruct the hotel and other buildings, as well as further development of the object — the construction of additional modern extensions.

At the moment, there is no economic activity in the buildings.

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

Statistics in Jurmala

Price per m², €
2,000
Safely rate
66
Index 66 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 2,000.0
Apartment in a bedroom community, m² 900.0
Transport Price, €
Public transport, 1 ride 0.7
Monthly travel card 40.0
Taxi, 1 km 0.5
Petrol, 1 l 1.22
Food Price, €
Water, 1.5 l 0.6
Milk, 1 l 0.86
White bread, 500 g 0.8
Eggs, a dozen 1.65
Chicken fillet, 1 kg 4.5
Education Price, €
Kindergarten, per month 215.0
International school, per year 5,000.0
Security index
Crime rate 36.67
The risk of being robbed 26.67
The risk of car theft 40.0
The risk of break-in and property damage 46.67

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 Jurmala elsewhere on our website.

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.

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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 hotel
    Anna Kurianovich
    Anna Kurianovich
    Investment consultant in Jurmala
    +44 17 4822 0039
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      • Bank financing from 4.8% annually
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