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Apartments in Park Side for sale!

405,000 €
2,812 € /m²
  • Total area
    144 m²
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Features
  • Total rooms: 3
  • 5-floor building
  • 2 floor
  • Internet
  • TV
  • Garden
  • Car parks

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. These apartments are available with a partial interior finishing.

In a newly-built part of the building there are apartments of area from 66 m² up to 227 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.

Apartments in Park Side available for sale and for rent:

Apartment 1A, 2nd floor; 61.59 m²; 168,000 EUR, rental price — 650 EUR/monthly. — ID 3581

Apartment 1B, 2nd floor; 97.11 m²; 295,000 EUR, rental price — 1000 EUR/monthly.

Apartment 6

, 3rd floor; 158 m²; 402,250 EUR — ID 3580

Apartment 13, 4th floor; 160 m²; 471,460 EUR — ID 3578

Apartment 14A, 5th floor; 61.59 m²; 170,000 EUR, rental price — 650 EUR/monthly.

Apartment 14B, 5th floor; 97.11 m²; 310,000 EUR, rental price −1100 EUR/monthly. -

ID 3577

Apartment 15, 5th floor; 178 m²; 497,000 EUR — ID 3586

Apartment 17A, 6th floor; 61.59 m²; 175,000 EUR — ID 3589

Apartment 17B, 6th floor; 97.11 m²; 320,000 EUR

Apartment 20

, 2nd floor; 144 m²; 404,640 EUR -ID 1302

Apartment 24, 4th floor; 145 m²; 439,330 EUR — ID 3588

Apartment 26, 5th floor; 227 m²; 626,820 EUR — ID 3576

All apartments are offered for sale with full interior decoration and furniture. Some apartments are available for long term rent.

In this ad for sale is offered a nice 2 bedroom apartment (Nr. 20), located on the 2nd floor, 3 rooms, 144 sq. m. Price: 404,640 EUR.

We have access to all available apartments for sale in this house. Please contact us for checking the sales status, requesting further detailed information, get floor plans, scheduling viewings, negotiating offers, etc.

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.

Reconstructed part of a former factory’s warehouse expanded with newly built parts of the building. Thus, historic spirit is combined with spaciousness, which is so characteristic for industrial premises with functional layout and modern design elements.

There are parking lot available for each resident and a playground for children in the yard.

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
  • Other properties
    Other offers nearby

More properties

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.

Statistics in Riga

Price per m², €
1,733
Healthcare efficiency level
62
Index 62 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
62
Index 62 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

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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      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.

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      • 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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      • 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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