Description
A unique investment opportunity in the very heart of Riga. A modern two room apartment located in a fully renovated historic building that perfectly combines architectural heritage with contemporary comfort and functionality.
This stylish 43 m² apartment is offered with a brand new high quality renovation, partial furnishing, and a thoughtfully designed interior ready for comfortable living or immediate rental income. The property is situated in a completely restored building recognized as an architectural landmark, making it especially attractive both as a home and as a long term real estate investment.
One of the strongest advantages of this property is its exceptional location. Positioned in the very center of Riga, the building offers immediate access to the city’s main infrastructure and key destinations. The Central Railway Station is only a seven minute walk away, while Old Town, the prestigious Quiet Centre, popular restaurants, cafés, business districts, and cultural venues are all within easy reach.
The apartment features modern engineering solutions designed for both comfort and efficiency. It offers central city utilities, gas heating provided by a shared building boiler, and individual meters for all utilities, allowing full control over monthly expenses and efficient property management.
The interior has been designed in a modern elegant style using quality finishing materials throughout. Water heated floors with individual temperature control are installed across the entire apartment, creating a comfortable atmosphere during every season of the year.
The apartment is sold with complete new high quality finishing, premium sanitary equipment, modern built in furniture, and household appliances. The future owner receives a fully completed turnkey property that requires no additional investment and is ready for immediate move in.
For investors, this property represents an especially attractive opportunity. The estimated return on investment ranges from 6 to 10 percent annually depending on the rental strategy chosen. Due to the central location, this district consistently demonstrates strong demand for both long term rentals and short term accommodation, particularly in the daily rental market.
An additional advantage is the apartment’s position on the ground floor, windows facing a quiet private courtyard, and separate entrances for each apartment, creating excellent conditions both for private living and for a highly profitable rental business.
This is a property that successfully combines liquidity, premium location, comfort, and strong long term investment potential in one of Riga’s most sought after and strategically valuable areas.
2
1
1/
7 Elevator
43 m2
