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Mercury Group
House ownership with great location for sale!
- Latvia, Riga, Centre
- Merkela
- Latvia, Riga, Centre
- Merkela
Object type:
Commercial apartment building
House type:
Historical building
Market:
Resale
Land area:
1624 m2
Apartment/building area:
2451 m2
Category:
For sale
Price per m2 :
€ 1 224
Price:
€ 3 000 000
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-10523
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.
Location:
Downtown area
Basic parameters:
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
- Merkela
Object type:
Commercial apartment building
House type:
Historical building
Market:
Resale
Land area:
1624 m2
Apartment/building area:
2451 m2
Category:
For sale
Price per m2 :
€ 1 224
Price:
€ 3 000 000
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
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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Total property cost:
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