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Mercury Group
We offer for sale the project of the apartment building
- Latvia, Riga, Old town
- Noliktavas
- Latvia, Riga, Old town
- Noliktavas
Object type:
Hotel
House type:
Renovated house
Land area:
1286 m2
Apartment/building area:
5179 m2
Category:
For sale
Price per m2 :
€ 1 034
Price:
€ 5 355 000
Price in EUR is approximate, taking into account currency conversion. Not all properties from our portfolio are presented on our website. If you did not find an object upon your request, leave us a request. We will send you a selection from an open database, as well as offer off market objects. We work for you!
Property description
ID: LV-27715
We offer for sale a building for reconstruction in the historical center of Riga, just 1 minute away from the Old Town, riverside and Embassy area.
Property has great location, as it has fast connection with the airport, parks , restuarants, and main attractions of Riga.
Building has a valid project for the apartments house with 137 apartments for sale or rent.
Project might be implemented in 18 months time and requres around 5 - 5.5 mln EUR ( fully finished common areas, apartments without finishing).
Project includes some co-living premises on the underground floor for the tenant, that creat extra value of the property.
If required, building also might be used as a 4 start Hotel, as building is located n the very center of Riga, 150m from the presidential building, at the entrance to the Old Town, overlooking the river and Central Park.
The Hotel project provides the reconstruction of the building for a Hotel 4+, 129 rooms with a large SPA, including a swimming pool.
Property has great location, as it has fast connection with the airport, parks , restuarants, and main attractions of Riga.
Building has a valid project for the apartments house with 137 apartments for sale or rent.
Project might be implemented in 18 months time and requres around 5 - 5.5 mln EUR ( fully finished common areas, apartments without finishing).
Project includes some co-living premises on the underground floor for the tenant, that creat extra value of the property.
If required, building also might be used as a 4 start Hotel, as building is located n the very center of Riga, 150m from the presidential building, at the entrance to the Old Town, overlooking the river and Central Park.
The Hotel project provides the reconstruction of the building for a Hotel 4+, 129 rooms with a large SPA, including a swimming pool.
Basic parameters:
Number of rooms:
137
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, Old town
- Noliktavas
Object type:
Hotel
House type:
Renovated house
Land area:
1286 m2
Apartment/building area:
5179 m2
Category:
For sale
Price per m2 :
€ 1 034
Price:
€ 5 355 000
Price in EUR is approximate, taking into account currency conversion. Not all properties from our portfolio are presented on our website. If you did not find an object upon your request, leave us a request. We will send you a selection from an open database, as well as offer off market objects. We work for you!
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
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