Sale | Flats | Renovated house

For sale: 2-room apartment in the center of Riga, just 1.5 km away from the Old Town.

This 31 square meter apartment is located in a fully renovated 4-story brick building from 1918 with a basement. The apartment is situated on the 3rd floor, ensuring peace and tranquility. It is oriented towards the south-east, providing plenty of sunlight and warmth.

This apartment is suitable for both living and renting. It comes fully furnished and equipped, and it offers a potential return on investment of 7% from rental income (up to 17% for short-term rentals). The price includes built-in furniture and appliances. Utility payments are based on individual consumption, including electricity, cold and hot water, as well as heating. The building features a new heat exchange unit with 2 Junkers 9000i series condensing gas boilers in a cascade, ensuring efficient energy consumption. On average, utility costs amount to 2 EUR/m2 in summer and 4-5 EUR/m2 in winter.

The location of this apartment is highly advantageous. There are various public transportation options, parks, and shops nearby. Educational institutions, such as the Faculty of Social Sciences at the University of Latvia, as well as shopping centers and the heart of Riga - the Old Town, are within close proximity. The project offers open-plan apartments that are ideal for short-term living or renting. The layout is thoughtfully designed, providing a sense of spaciousness and efficient use of space. The special placement of windows creates a bright and pleasant interior. This place ensures satisfaction and peace for its residents.

This apartment is a great opportunity to acquire a comfortable and cozy home in the center of Riga. Don't delay, start a new chapter of your life in the "S22" project today!