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Mercury Group

Unique offer - a household with 12 studio apartments in Riga centre for sale

  • Latvia, Riga, Centre
  • Pernavas
  • Latvia, Riga, Centre
  • Pernavas
Object type:
Commercial apartment building
House type:
Renovated house
Apartment/building area:
581.30 m2
Category:
For sale
Price per m2 :
€ 1 720
Price:
€ 1 000 000
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-70849
Unique offer - Home ownership in a very advantageous location, almost at the very intersection of Pernavas and Alexander Chaka streets.
The household includes:

- 12 studio apartments

- 4 rooms on the ground floor, which are perfect for a small private clinic, beauty salon, solarium or hairdresser - 110 sq.m,

- attic - 150 sq.m,

- 7 parking spaces.

The apartments are sold fully finished, furnished and equipped, each apartment can be rented out for 400-550 euros.

Small studio type apartments are the most in demand on the real estate market and are rented out in record time (foreign tenants, employees of international companies, students, as well as local residents coming from other cities.

The yield of a particular household is 7.96% per annum.

Very favorable location - there is a large Domina shopping center nearby, where you can buy all the necessary household goods, clothes and food. Literally within walking distance is a public transport stop, without any problems you can get to the center of Riga (about 10-15 minutes) or to another area of ​​Riga.

Also nearby is Grizinkalns Park with playgrounds and slides in winter. Just a 15-minute leisurely walk is another children's amusement park with various climbing frames and slides - the Central Sports Quarter.

The building underwent a complete renovation in January 2022.

Basic parameters:

Number of rooms: 12
Floor: 3
Outdoor parking

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
  • Pernavas
Object type:
Commercial apartment building
House type:
Renovated house
Apartment/building area:
581.30 m2
Category:
For sale
Price per m2 :
€ 1 720
Price:
€ 1 000 000
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!
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