Mercury Group
We offer for sale an office building in the center of Riga
- Latvia, Riga, Old town
- Aspazijas bulv.
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Property description
- Latvia, Riga, Old town
- Aspazijas bulv.
Currency calculator
For sale is offered office center on the border of Old Town - on one of the biggest and most prestigious streets in Riga- Aspazijas Bulvaris.
Office center was recently renewed and now is leased and brings 5 % ROI. Property might be developed and its usable area might be increased by creating extra mansard floor ( building size will increased up to 3286/1 m2) and elevator.
Currently total size of the building is 3012.7 m2
Usable area- 2391.25 m2
Size of the Land - 735.6 m2
Property is leased as office centre to different companies and has few commercial premises on the first floor.
Basic parameters:
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Latvia, Riga, Old town
- Aspazijas bulv.
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.
