This spacious 2-level apartment in the Quiet center of Riga is a great offer for those who appreciate elegance and comfort. The apartment is located in an old restored building. The windows overlook the courtyard. An additional advantage is low utilities bills. There is a municipal water supply and a municipal sewerage, a gas heating.
On the first floor there is a kitchen and a dining room, a master bedroom connected with a master bathroom and a toilet for guests.
On the second floor there is a living room, a bedroom and a full bathroom.
Finishing materials and furniture are selected in natural and calm tones that gives a special feeling of comfort.
On the second floor there are high ceilings and large windows ”Vellux“, which fills the room with natural light.
We can help you with your Latvian residency permit application when buying a property worth €250,000 or more.
The area, in which the apartment is located, is historically developed as one of the most elitist. Nowadays this is a quiet green area, with embassies, best restaurants and cafes, banks, the yacht-club, all in the walking distance.
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 Riga elsewhere on our website.
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Send us an enquiry with an approximate description of the property or investment project you’re interested in.
After clarifying your enquiry, we will introduce you to our partners and/or local agents.
We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.
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 and Latvia 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 Turkey passport by buying a property worth at least $400,000.
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.
