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Shop – Latgale Suburb, Riga, Latvia

10,100,000 €
1,296 € /m²
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  • Total area
    7,789 m²
  • Built in 
Property parameters
  • 6-floor building

Leasehold Apartment complex in Riga center for sale.

• 141 apartments

• 6 floors and basement (underground parking)

• Leasable area of

apartments: 4,505 m²/ total area: 7,789 m²

• Land-plot 2,221 m² with courtyard (green area) of 930 m²

• 49 parking places in the underground, free parking available on nearby streets

• Newly constructed in 2021

• Average rent price: 10.7 EUR/ m²

• As per May 2021: 60 out 141 apartments let. Expected to be fully let until 30/09/2021

• Net operating income in 2021 expected 573 TEUR


- Spacious recreational green area: ring-fenced courtyards with playground for the children

- Surrounded by magnificent and vast green park area available for walks and outdoor sport activities (parks called: Miera darzs – the Garden of peace — and Klusais darzs – the Silent garden)

- Just 10–15 minute walking distance form the Central Business District and the old town

- Excellent access to the public transport: (a) trolleybus, tram and bus stops 3–5 min. (b) central railway station 10 min on foot. (c) Airport – 15 minutes by taxi or 35 minutes on the bus (number 22). (d) the terminal bus stop/major hub (street Abrenes) for all the buses in Riga just 5-minute-walk away.

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