- Riga Mixed-use building 1,750,000 €
- Basic parameters
- Photo
№ 1,658,553
Mixed-use building 1220 m² in Riga, Latvia
1,750,000 €
1,434 € /m²
- Total area 1,220 m²
- Yield —
- Lease term —
- Constructed —
Key project parameters
- Total area
- 1,220 m²
Project description
Land plot with two buildings is located in the business center of Riga, on the prestigious street Lačplēša- just 5 minutes away from Old Town. This location is perfect for any type of business- surrounded by parks, shops, offices, restaurants and active flow of people.
Currently there are two building located on the land plot-1) facade building with commercial premises and 4 apartments (total size 1,000 m²)2) building in the yard — small apartments for rent, just renovated (250 m²)
It is possible to demolish both buildings and construct office, hotel or apartment building with underground parking, max. height of the project 26 m².
Tenants
- Agreement
- n/a
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- annual yield
- From 10%
- exit period
- 3 years
How we help investors
Analysing the needs
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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
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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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