Property search
Mercury Group
House ownership for sale in the city center of Riga
- Latvia, Riga, Centre
- Caka
Property description
ID: LV-31001
- Latvia, Riga, Centre
- Caka
Object type
Commercial apartment building
House type
Renovated
Land area
609 m2
Total sq.meters
711 m2
Category
For sale
Price per m2
€ 1 406
Price
€ 1 000 000
The building is located in the very centre, on one of the central streets in Riga.
The location is very convenient: there are numerous restaurants and coffee shops nearby; several grocery stores; central parks, the Old town are reachable within 10-15 minutes’ walk.
Different means of public transport are reachable within just a few minutes, including the central train station.
Area for rent: 771 m2,
Land area: 609 m2.
The location is very convenient: there are numerous restaurants and coffee shops nearby; several grocery stores; central parks, the Old town are reachable within 10-15 minutes’ walk.
Different means of public transport are reachable within just a few minutes, including the central train station.
Area for rent: 771 m2,
Land area: 609 m2.
There are several parking spaces in the courtyard of the house, paid parking on Stabu street.
All premises are leased and bring a stable high income.
Basic parameters:
Outdoor parking
Location on Map
- Latvia, Riga, Centre
- Caka
Object type
Commercial apartment building
House type
Renovated
Land area
609 m2
Total sq.meters
711 m2
Category
For sale
Price per m2
€ 1 406
Price
€ 1 000 000
What you should know, purchasing a property in Latvia
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
return on investment and capitalization from sale of real estate.
50 years1 year
10%2%
25 years1 year
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
* After 1 year you check out and loose 0 EUR
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
Loan left (without loan %):
0 €
Total property cost:
0 €
