- Riga Mixed-use building 3,000,000 €
- Basic parameters
- Photo
№ 1,830,167
House ownership in Old Town
3,000,000 €
1,600 € /m²
- Total area 1,875 m²
- Yield —
- Lease term —
- Constructed —
Key project parameters
- Total area
- 1,875 m²
- Floors
- 5
Project description
building located in the most prestigious area of the city — the Old Town is offered for sale! Close to Daugava river, in the Old Town, near to business center and Riga’s pride-beautiful, green parks. In this part of the city every building is unique, and the district — is the main sightseeing place of Riga! The property in this area is always in high demand among investors. A lot of recreational, cultural monuments, hotels and restaurants are focused here, as well, this is the main tourist centre of the city with an intense flow of people.
The building renovation project is ready, the project is approved and a building permit is valid. The building is also suitable for a hotel. The building was built in 1982.
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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