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A stunning 2 bedroom apartment in a new residential project PARK SIDE on Rupniecibas street…

439,000 €
3,027 € /m²
  • Total area
    145 m²
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Features
  • Total rooms: 4
  • 6-floor building
  • 4 floor
  • Internet
  • TV
  • Garden

A stunning 3 bedroom apartment with overall area of 145 sq. m. is offered for sale/for rent. Apartment is conveniently located on the 4th floor of the 6-story building. The apartment consists of 2 bedrooms, a living room, a kitchen, 3 bathrooms/WC and 2 dressing rooms.

Apartment is offered for sale with full interior finishing and furniture.

The new residential project Park Side consists of two parts: in the historic part of the building there was a warehouse of the former factory “Druva” that has been renovated into spacious apartments. The area of such apartment is 255,5 m² and height of the ceilings reaches 4 m. Each of these elite apartments takes up the whole storey of the building with the windows on opposite sides, which ensures maximum sunlight and broad panoramic view. While renovating the industrial part of the building, metal constructions of the former factory have been preserved and they serve as an original design element, perfectly supplementing spacious premises and imparting a special post-modern charm to them. In a newly-built part of the building there are apartments of area from 66 m² up to 153 m². These apartments is offered with completed interior finishing and equipped with sanitary engineering of highest quality. The first storey of both the old part of the building and the new one will be fully allotted to commercial premises. Taking care of comfort and safety of the inhabitants, a high-powered lift has been equipped and 24h security is provided. We can offer all flats available for sale in this project.

There are pay car parking lots and a playground for children in the yard.

Nowadays, considering the place’s closeness to the city historical centre and the reconstruction made in this area, the place has become a favorite dwelling place for many people with high demands to the dwelling place, environment and conveniences.

Park Side project is situated near Viestura Garden – one of the most beautiful parks of Riga, just in ten minutes’ walk from the Old Riga. There is a RIMI supermarket and a sports club “Reaktors” next to the building. Walking through Viestura Garden it is possible to reach Andrejsala where there is a yacht wharf and a center of modern art and culture that has already gained the status of a cult place for artists of the young generation. Rapid development has been planned in this part of the city for the nearest couple of years, which will turn the place into a comfortable and exclusive area. Viestura Garden became a favorite place of walks and rest for Riga’s residents long ago. Nowadays it has preserved its image of a well-kept and ancient park.

Please do not hesitate to contact us to receive information about new offers in the project.

Click here to get more information about the PARK SIDE residential apartment complex.

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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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.

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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.

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        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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