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Mercury Group

Investment property for sale in the heart of the old town

  • Latvia, Riga, Old town
  • Skunu

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Property description

ID: LV-148569
  • Latvia, Riga, Old town
  • Skunu
Object type
Apartment
House type
Renovated house
Area
88.50 m2
Category
For sale
Price per m2
€ 3 616
Price
€ 320 000
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We offer a unique opportunity to purchase investment property. 3 fully furnished apartments in the heart of the old town. The apartments are located on a cozy street Šķunu, in old Riga, in a renovated building. If you have been looking for an option to buy an apartment for investment for a long time, then we can say that you have found it. This apartment will be an excellent investment, because in the future it will be able to be actively rented out not only to visitors and tourists, but also to everyone, since this location is in demand.

Apartments with an area of ​​18m2, 22m2 and 25m2 are located on the 2nd floor, fully equipped with household appliances, decorative elements and everything necessary for short-term rental.

The apartments have a bright interior, fairly high ceilings and large windows. The location, decorative elements, high-quality and cozy furniture and wooden windows make the apartments even more attractive. The house has a closed courtyard, an alarm system and a combination lock.

Great location. Cafes, restaurants, shopping center "Galerija Centrs", shops, clubs and parks - all within walking distance.

Don't miss this chance, call to arrange a viewing!

Basic parameters:

Number of rooms: 3
Floor: 2

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
  • Skunu
Object type
Apartment
House type
Renovated house
Area
88.50 m2
Category
For sale
Price per m2
€ 3 616
Price
€ 320 000
Currency calculator
From
To
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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.
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** 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.

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