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Mercury Group

For sale: investment project in Latvia, Riga

  • Latvia, Riga, Centre
  • Lacplesa

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Property description

ID: LV-65
  • Latvia, Riga, Centre
  • Lacplesa
Object type
Investment project
Market
Resale
Land area
1520 m2
Area
1200 m2
Category
For sale
Price per m2
€ 1 500
Price
€ 1 800 000
Currency calculator
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Office premises (4 storey building) on the Lachplesha street are offered for sale.
Office premises - 1,100 square meters, the area/territory - 1520 square meters.
The building has 4 large offices, 3 floors are occupied by long-term tenants.

The average rental price of 6 - 6,50 EUR/m2. Maintenance - 0,50 EUR/m2.

The building is commissioned and brings regular income - about 6,600 euros + VAT + utilities per month.
In the yard there are 28 parking spaces.

Property tax is about 11 200 EUR per year.

A good place with the prospect of rental price growth.

Good infrastructure, city center, central station is nearby, public transport availability.

Location:

Downtown area

Basic parameters:

Parking

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
  • Lacplesa
Object type
Investment project
Market
Resale
Land area
1520 m2
Area
1200 m2
Category
For sale
Price per m2
€ 1 500
Price
€ 1 800 000
Currency calculator
From
To
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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 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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