Property description
- Latvia, Riga, Old town
- Kaleju
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The building does not have the status of a historic building. The building has urban water and sewerage, a new power cable, central gas. The facades are restored.
The total area of the building is 1350 square meters. m. On the first and ground floors there are 2 facade commercial premises, the total area of non-residential premises is 308 sq. m. m., and one apartment, which can be combined with a premise on the ground floor, thereby increasing the area of the front commercial premises by 124 sq. m. On the remaining floors there are two apartments on the staircase, the total area of the apartments is 927 sq. m. m.
The building needs renovation.
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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.
