Mercury Group
For sale: commercial apartment building in Latvia, Riga
- Latvia, Riga, Centre
- Lacplesa
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Property description
- Latvia, Riga, Centre
- Lacplesa
Currency calculator
Land plot with two buildings is located in the business center of Riga, on the prestigious street Lačplēša- just 5 minutes away from Old Town.
This location is perfect for any type of business- surrounded by parks, shops, offices, restaurants and active flow of people.
Currently there are two building located on the land plot-
1) facade building with commercial premises and 4 apartments ( total size 1 000 m2)
2) building in the yard - small apartments for rent, just renovated ( 250 m2)
It is possible to demolish both buildings and construct office, hotel or apartment building with underground parking,max. height of the project 26 m2.
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Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Latvia, Riga, Centre
- Lacplesa
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.