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Two-leveled penthouse in the prestigious district of Riga Quiet Centre

420,000 €
3,230 € /m²
  • Total area
    130 m²
  • Bedrooms
    2
  • Bathrooms
    2
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Features
  • Total rooms: 4
  • 6-floor building
  • 6 floor
  • Built in 1910
  • Balcony or terrace

This is a magnificent Art Nouveau style architectural monument, which has been included on the UNESCO world heritage list of culture and is located at Rupniecības Street in the prestigious district of Riga Quiet Centre. The bright and gorgeous building was built in 1910 as per the design of the German craftsman Arthur Medlingers. The renovation of the building was carried out in 2015, which results in perfect combination of the application of modern technologies, which increases the level of comfort, and the preservation of the historical charm of the building.

There are 28 well-equipped premium apartments. At the upper floor there are two-level apartments which have large panoramic windows. On the ground floor the garage and storage space is available, which can be reached from the residential floors using an elevator. Concierge service and video surveillance are available.

Close to building there are many splendid parks and gardens with beautiful ponds, canals and fountains. The Old Town can be reached just in a few minutes. Nearby there is the embankment with nautical clubs and Andrejsala.

The apartment is offered with a full finish. Windows go to the quiet yard. Central heating with individual heating meters.

Extra opportunities

We can help you with your Latvian residency permit application when buying a property worth €250,000 or more.

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  • Property on the map
    Location right down to the building, street or city
  • Panoramas
    Virtual tour along the streets of the neighbourhood
  • Infrastructure
    Shops, schools, transport and entertainment
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other penthouses for sale in Latvia.

You can see more penthouses for sale in Central District elsewhere on our website.

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      FAQs

      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

      • How does the purchase procedure work?

        The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

      • Can I obtain income from a seaside apartment?

        Yes. You can use the purchased property yourself for holidays and lease it to tourists for the rest of the time. To avoid the hassle of finding tenants and cleaning the property, it’s a wise idea to hire a management company to do all the work – these services usually cost about 20% of the rent. Take into account the length of the tourist season in the location you choose: in certain regions it will be easy to rent apartments out all year round, while in others it might only be possible to do so during the high season.

      • How does Tranio make money if your service is free for the clients?

        We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

      • Who guarantees the transaction security?

        The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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