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Mercury Group
House ownership in Riga center for sale!
- Latvia, Riga, Centre
- Brivibas (Centre)
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Property description
ID: LV-13124
- Latvia, Riga, Centre
- Brivibas (Centre)
Object type
Commercial apartment building
House type
Renovated house
Market
Resale
Land area
706 m2
Area
2482 m2
Category
For sale
Price per m2
€ 1 813
Price
€ 4 500 000
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The property is located in the heart of Riga on the corner of Brivibas and Dzirnavu streets. Shopping mall Galerija Riga, Radisson Latvija hotel with one of the finest spa in the city, many coffee shops, pizzerias, restaurants, 2 beautiful parks - all this can be found in walking distance from the house.
Walking distance to the Old town - 5 minutes. A number of parking lots nearby, including covered and guarded parkings.
Currently, the first floor's space are used as retail space, the remaining floors - offices.
However, there is a development of the architectural concept of the use of the ground floor and basement as commercial space. Taking into account the availability of necessary communications, the upper levels of the building can be redesigned and used as hotel rooms or apartments.
The property is rented out and bringing stable income.
Please find floor layots in the PDF attachment.
Walking distance to the Old town - 5 minutes. A number of parking lots nearby, including covered and guarded parkings.
Currently, the first floor's space are used as retail space, the remaining floors - offices.
However, there is a development of the architectural concept of the use of the ground floor and basement as commercial space. Taking into account the availability of necessary communications, the upper levels of the building can be redesigned and used as hotel rooms or apartments.
The property is rented out and bringing stable income.
Please find floor layots in the PDF attachment.
Location:
Downtown area
Basic parameters:
Floor:
5
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
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
- Brivibas (Centre)
Object type
Commercial apartment building
House type
Renovated house
Market
Resale
Land area
706 m2
Area
2482 m2
Category
For sale
Price per m2
€ 1 813
Price
€ 4 500 000
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.
Loan left (without loan %):
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Total property cost:
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