- Central District Mixed-use building 2,250,000 €
- Basic parameters
- Photo
№ 1,658,157
House ownership with great location for sale!
2,250,000 €
917 € /m²
- Total area 2,451 m²
- Yield —
- Lease term —
- Constructed —
Key project parameters
- Total area
- 2,451 m²
- Floors
- 4
Project description
The buiding for renovation is located in the superb part of Riga — Merkela street, right across the Vermana park, the facade part of the building facing the side of the park. Nearby there are such important buildings as: the main building of the University of Latvia, Riga Latvian Society, National Opera, popular restaurants Biblioteka Nr 1 and Tokyo City. The Old town is in just several min. walk through a nice park — Bastejkalns. Also in the walking distance there are big shopping centers Origo and Stockmann, Riga Central Market, Riga Central Station, as well as the historical Berga Bazars. Commercial premises on the first floor and 23 apartments. The facades of the buildings are in good condition and do not require much investment.
Tenants
- Agreement
- n/a
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- annual yield
- From 10%
- exit period
- 3 years
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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Mikhail Reyderman
Commercial Real Estate Expert
Commercial Real Estate Expert
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