Commercial space on the ground floor of a new residential building in Riga.
The total area of the premises is 360 m².
We can help you with your Latvian residency permit application when buying a property worth €250,000 or more.
The annual income is 77,000 euros.
The yield is 5.4%.
The property is located in Riga.
Within a 3–5 minute walk there are the main attractions of the Old City: Town Hall and Dome Square, Peter's Cathedral, etc.
Riga — the capital of Latvia and the largest city of the Baltic States. The population of Riga is more than 630,000 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.