Property search
Property description
ID: LV-10523
- Latvia, Riga, Centre
- Merkela
Object type
Commercial apartment building
Market
Resale
Year built
1880
Land area
1624 m2
Total sq.meters
2451 m2
Category
For sale
Price per m2
€ 918
Price
€ 2 250 000
Currency calculator
From
To
The buiding for renovation is located in the superb part of Riga - Merkela street, right across the Vermana park, the facade part of the building facing the side of the park. Nearby there are such important buildings as: the main building of the University of Latvia, Riga Latvian Society, National Opera, popular restaurants Biblioteka Nr 1 and Tokyo City. The Old town is in just several min. walk through a nice park - Bastejkalns. Also in the walking distance there are big shopping centers Origo and Stockmann, Riga Central Market, Riga Central Station, as well as the historical Berga Bazars.
Commercial premises on the first floor and 23 apartments. The facades of the buildings are in good condition and do not require much investment.
Commercial premises on the first floor and 23 apartments. The facades of the buildings are in good condition and do not require much investment.
Basic parameters:
Year built:
1880
Outdoor parking
View characteristics:
City view
Recreation and infrastructure within a radius of 1 km:
Spa / beauty salon
Fitness club
Supermarket
Restaurants / cafes
Kids playground
Мedical facilities
Museum
Park/garden
Finance and management:
Mortgage available
Rental service
Management company's services
Location on Map
Currency calculator
From
To
Ask full information about the property
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.
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
* 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 %):
0 €
Total property cost:
0 €
