Spacious apartment, currently used as office, located on the 1st floor of the building, 2 levels.
The apartment is renovated, with new communications (heating, electricity). The windows are facing both sides of the building.
The house is located in the center of Riga, close to Old Riga, all kinds of shops, restaurants, etc. Convenient public transport.
Beautiful historical building, closed staircase.
If this property wasn’t for you, take a look at other apartments for sale in Latvia.
You can see more apartments for sale in Central District elsewhere on our website.
Compare with: London, Berlin, New York City, other location
| Real estate | Price, € |
|---|---|
| Apartment in the city centre, m² | 1,732.56 |
| Apartment in a bedroom community, m² | 1,076.71 |
| Transport | Price, € |
|---|---|
| Public transport, 1 ride | 1.15 |
| Monthly travel card | 50.0 |
| Taxi, 1 km | 0.62 |
| Petrol, 1 l | 1.25 |
| Food | Price, € |
|---|---|
| Water, 1.5 l | 0.59 |
| Milk, 1 l | 0.9 |
| White bread, 500 g | 0.85 |
| Eggs, a dozen | 1.65 |
| Chicken fillet, 1 kg | 5.26 |
| Education | Price, € |
|---|---|
| Kindergarten, per month | 321.67 |
| International school, per year | 10,823.53 |
| Health care | index |
|---|---|
| Staff competence | 67.76 |
| Medical equipment | 70.83 |
| Research accuracy and completeness | 63.0 |
| Attitude towards patients | 60.86 |
| Security | index |
|---|---|
| Crime rate | 38.04 |
| The risk of being robbed | 32.0 |
| The risk of car theft | 46.81 |
| The risk of break-in and property damage | 46.9 |
The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.
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You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.
Having chosen the best property, you will sign the sales or investment agreement (for development).
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.
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.
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.
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.
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.
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.
