Mercury Group
Commercial premises for sale with 6.9 % ROI !
- Latvia, Riga, Centre
- Lacplesa
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Property description
- Latvia, Riga, Centre
- Lacplesa
Currency calculator
The front, wooden building with an area of 930 m2 is fully leased and brings income.
The real estate includes four stores (120, 60, 100, 200 m2), two offices (65 + 90 m2), four apartments (80 + 75 + 71 + 40 m2). Two utility rooms (2 + 20). Two boiler rooms (6 + 35).
There are 8 parking lots in the courtyard, the land area is 600 m2.
Stable yield of 6.9% per annum, lease agreements with the right of termination for 2-3 months.
It is also possible to raise the roof and get additional attic rooms and significantly increase the area of the third floor.
If you wish, you can buy a building in the yard and consider this object as an investment. According to the development plan of the city of Riga, mixed construction is possible on the site, the permitted height is up to 26 meters.
Excellent infrastructure and convenient transport links. In walking distance is everything you need for a comfortable stay in the city center. Near shops, cafes, restaurants, shopping center Riga Gallery, school, pharmacy. To Old Riga - 10 min. on foot, Verman Park is located nearby. To the central station - 15 min. on foot. To Jurmala - 20 minutes. by car, to the airport 15-20 minutes. by car.
Basic parameters:
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
- 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.
