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For sale commercial property in Pardaugava, Agenskalns…

420,000 €
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Total area: 786 m²
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  • 3-floor building
  • 1 floor

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.

Cadastral value:

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.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    When you submit a request, you agree to our terms and conditions
    • Bank financing from 4.8% annually
    • Construction site audits
    • Management company services