Mercury Group
Amazing apartments in Old Riga
- Latvia, Riga, Old town
- Grecinieku (Old Town)
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Property description
- Latvia, Riga, Old town
- Grecinieku (Old Town)
Currency calculator
The main concept of this place is maximum openness. It is an plenty of open spaces, and also an openness to the present, to traditions and a new aesthetics. The flat occupies an entire floor, which means maximum privacy and serenity. The flat also has the great advantage that it can be used for multiple purposes. The flat is registered at the Land Registry Office as a single unit, but in fact it consists of two independent groups of units: a large and a small flat. Future owner has the privilege to enjoy the comfort and spaciousness of the big flat, while also using the small flat as an office, workshop, guest or staff flat, as well as for renting.
The big flat has an area of 197 m2, consists of a magnificent hall with a kitchen and a fireplace, three isolated bedrooms and two bathrooms.
The smaller flat has an area of 71.3 m2 and consists of a hall, partly separated kitchen, bedroom, bathroom and several closets.
The historic building has changed the appearance of its facades and floor plans several times over the centuries. The latest design dates back to 1887 and was created by the academician Henrik Sels.
The interior design is simple and uncluttered. In 2008, when the owner completely renovated the premises and communications, he did his best to keep the volume and spaciousness. The luxurious minimalism, historic brickwork, precious woods and white marble match the spirit of the times perfectly, while leaving enough space for the new owners to play with their imagination and exercise their own aesthetic fantasies.
The property is for sale by the owner, a resident of Latvia,. We are ready to consider a long-term lease or lease with the right to buy.
Basic parameters:
Location on Map
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Latvia, Riga, Old town
- Grecinieku (Old Town)
Currency calculator
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.