- 27,285,000 €
- 4.7% yield
For sale is a building, located in the territory of the state-significant urban monument ”Riga's Historic City Center“ and part of the UNESCO World Cultural Heritage.
The building was constructed in 1898 by architect Alfred Pilemanis and combines historical value with modern comfort.
Description:
- Total building area: 3131,2 m²
- Residential area of the building: 2016,7 m²
- Remaining building area: 496.6 m²
- Number of rooms: 14
- Number of floors: 6
Building efficiency:
- complete reconstruction was made in 2006 (sewage and water supply systems replaced, new high-capacity electrical networks installed, all modern communication types connected)
- most economical heating and hot water supply system
- individual gas boiler
- each apartment has its own meter
- new elevator
Advantages:
- the building is under the protection of the Latvian Parliament
- apartments are fully renovated and equipped with furniture and household appliances from prestigious brands
Location:
- Old Town district
- opposite the Latvian Parliament
- convenient public transport connections
- cafes, restaurants, shopping centers, grocery stores, parks, hospitals, theaters within walking distance
Special attention has been paid to the restoration of the decorative interior finishes, ceilings, Rococo-style stoves, as well as the preservation of the original railings and 19th-century tiles on the main staircase.
The building is located in the very heart of Riga's Old Town and is leased by diplomats, top managers of international companies, which emphasizes the high status and investment attractiveness of the property.
For more information, please contact us by phone or email.
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We use a methodology that enables us to formulate requests and find good deals in the market
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
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
We can take over the management of your property or recommend a suitable management company
We will arrange a visit to the site to view one or more projects
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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