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Mercury Group

House ownership on Stabu street for sale!

  • Latvia, Riga, Centre
  • Stabu

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Property description

ID: LV-460
  • Latvia, Riga, Centre
  • Stabu
Object type
Commercial apartment building
House type
Renovated house
Market
Resale
Land area
830 m2
Area
418 m2
Category
For sale
Price per m2
€ 2 273
Price
€ 950 000
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The object is perfectly located in the very center of Riga, on Stabu street, between Brivibas and Terbatas streets. Nearby: shops, restaurants, schools, banks, parks, etc.

Completely renovated building in Riga center with white finishing. 
The first floor is perfect for a restaurant, shop, office or salon. Rented out to a shop at the moment, bringing stable income.
The 2nd floor is planned for 4 apartments or offices (currently with complete finish as apartments). On the territory there is a space for parking 7-8 cars.

Location:

Downtown area

Basic parameters:

Floor: 2
Number of parking places: 8
Outdoor 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
  • Stabu
Object type
Commercial apartment building
House type
Renovated house
Market
Resale
Land area
830 m2
Area
418 m2
Category
For sale
Price per m2
€ 2 273
Price
€ 950 000
Currency calculator
From
To
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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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