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Mercury Group
A cozy apartment building in Riga center for sale!
- Latvia, Riga, Centre
- Zaubes
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Property description
ID: LV-159265
- Latvia, Riga, Centre
- Zaubes
Object type
Commercial apartment building
House type
Renovated house
Land area
998 m2
Area
698.70 m2
Category
For sale
Price per m2
€ 1 259
Price
€ 880 000
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The house is located on Zaubes street, among Valdemara, Vesetas and Skolas streets. There are some schools and administration offices near, as well as Arena Riga and Olimpic Centre, which are venues of various music and sports events. Access to the area is very convenient, either by car or by public transport. The closest public transport stop is about 50 m. from the house. The building can be used also for offices.
The house was built in 1936. It was two-storey at first, and recently it was rebuilt as a four-storey house. Its style is rather ascetic, without decorations, and it is different from other nearby buildings by its light colour and the number of storeys. All the main renovation of the building is done, except for the interior decoration. The total area of the building is 751.8m2, and the total area of the apartments is 698.7 m2. The area for the common use in the building is 35.1 m2.
The total area of the land is 998m2. There are electricity, gas heating, telecommunications and water-pipe installed, as well as outside lightening. The land is surrounded with a new stone-and-metal fence with an automatic gate. There is also a very spacious parking place for cars.
At the moment there are 6 apartments planned in the building: 1) 135.9 m2 (2 levels, 3 bedrooms), with its own plot of land 300 m2 and 2-3 parking spaces, 2) 134.1 m2 (2 levels, 3 bedrooms), with its own land 300 m2 and 2-3 parking spaces, 3) 75 m2 with 1 parking space, 4) 159.7 m2 (3 levels, 3 bedrooms), with its 29 m2 terrace on the roof of the house, with 2 parking spaces, 5) 122.7 m2 (3 level, 2 bedrooms), 2 parking spaces and 6) 168 m2 (3 levels, 3 bedrooms), 2 parking spaces.
Basic parameters:
Floor:
4
Parking
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, Centre
- Zaubes
Object type
Commercial apartment building
House type
Renovated house
Land area
998 m2
Area
698.70 m2
Category
For sale
Price per m2
€ 1 259
Price
€ 880 000
Currency calculator
From
To
What you should know, purchasing a property in Latvia
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.
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