Property description
- Latvia, Riga, Old town
- Smilsu (Old Town)
The property is situated in a very pass-through location near many offices and cultural facilities. A popular place for tourists. On the first floor - restaurant in the basement - large banquet hall with well equipped kitchen and many ancillary facilities, WC.
Magnificent place in the very centre of Riga, in historical area of Old Town.
Neighborhood abounds the historical heart of Riga with access to many interesting historic sights, stores, galleries, restaurants, bars, night clubs and souvenir shops.
Basic parameters:
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.