For sale is offered commercial property located in Pardaugava on the street Melnsila (Agenskalns area). The building consists of 2 parts:
1st part: 2-storey building with total area 719 sq. m. (rental costs: 3 euros/per month + VAT + utilities);
2nd part: 1-storey premises with total area 66.6 sq. m. (rental costs: 2.6 euros/per month + VAT + utilities);
Both parts are actually interconnected. All premises currently are rented out, and bring monthly income.
Property tax: 3000 euros per year.
1st part — 200,000 euros.
2nd part — 31,000 euros.
Yield – approx. 6% per year.
If necessary, the building can be exempted within 2–3 months.
We can help you with your Latvian residency permit application when buying a property worth €250,000 or more.