Property description
- Latvia, Riga, Centre
- Brivibas (Centre)
Walking distance to the Old town - 5 minutes. A number of parking lots nearby, including covered and guarded parkings.
Currently, the first floor's space are used as retail space, the remaining floors - offices.
However, there is a development of the architectural concept of the use of the ground floor and basement as commercial space. Taking into account the availability of necessary communications, the upper levels of the building can be redesigned and used as hotel rooms or apartments.
The property is rented out and bringing stable income.
Please find floor layots in the PDF attachment.
Basic parameters:
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Recreation and infrastructure within a radius of 1 km:
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Location on Map
What you should know, purchasing a property in Latvia
** 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.