Commercial spaces in the center of Riga, Latvia

530,000 €
3,173 € /m²
Learn the property location
Send the listing to yourself
  • Total area
    167 m²
  • Yield
    7.0 %
  • Rental rate (m²/month)
    18 €
Details
Property parameters
  • 5-floor building
  • 1 floor
Financial performance
  • Annual income: 37,100 €
Tenants
  • Fully let
  • End of lease: 2029

Commercial spaces with a long-term lease agreement.

Description

The corner building were built between 1885 and 1903 and is brick building with 5 floors.

The building has the status of a local cultural monument.

The property includes spaces with panoramic windows, located on the ground floor, with a total area of 167.20 m².

Extra opportunities

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

Request details

Tenants

The spaces are leased for 10 years.

Location

The property is located in the center of Riga, on one of the busiest streets of the city.

Riga — the capital of Latvia and the largest city of the Baltic States. The population of Riga is about 640,000 people.

Buildings of different styles coexist in Riga — from the medieval architecture of the Old Town to the modern one. The historic center of the city is listed as a UNESCO World Heritage Site. The

Riga is an economically developed region and the largest industrial center of Latvia. In the city 60% of Latvian enterprises operate and more than 50% of the able-bodied population work.

Tourism — an important source of income of the city; 90% of tourists who visit Latvia go exactly to Riga.

  • 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 Riga 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.

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

Similar listings

We select ads that may interest you.

Enquire about this office
Anna Kurianovich
Anna Kurianovich
Investment consultant in Riga
Send a request
    I confirm that I have read and accept to the Privacy Policy and Personal Data Processing Guidelines.
    • Bank financing from 4.8% annually
    • Property, plot and construction site survey
    • Management company services
    Location choice
    • еще ...
    • City, Region, Country
    Loading...
    • Nothing found
    • Nothing found