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Mercury Group

For sale: commerce in Latvia, Riga

  • Latvia, Riga, Old town
  • Kaleju

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Property description

ID: LV-506
  • Latvia, Riga, Old town
  • Kaleju
Object type
Commerce
Market
Resale
Area
87 m2
Category
For sale
Price per m2
€ 4 598
Price
€ 400 000
Currency calculator
From
To
+ The historical center of Riga
+ Stable and predictable revenue
+ The rental yield of 4. 5%
+ Permanent tenant
+ Walking distance to various attractions of the Latvian capital
+ Facade, windows 6
+ Tourist traffic
+ Available objects road
+ The purchase of this property provides foreigners the right to obtain a residence permit in Latvia

Location:

Downtown area

Basic parameters:

Floor: 1

View characteristics:

City view

Leisure and Infrastructure in 2km:

Spa / beauty salon
Fitness
Supermarket
Restaurants / cafes
Playground
Medical facilities
Museum
Park

Finance and management:

Mortgages available
Rental service
Management company

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
  • Kaleju
Object type
Commerce
Market
Resale
Area
87 m2
Category
For sale
Price per m2
€ 4 598
Price
€ 400 000
Currency calculator
From
To
Ask full information about the property

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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 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 %):
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