A household with 22 apartments in Riga centre for sale

€1 300 000
ID 136793 Uploaded 31.05.2026
Key features
Rental house
Details
Property description
House  ownership in a very advantageous location, in Teika region. 
It is just 10 minutes drive to the city Center, but this area itself is well developed  with offices, shops, schools and all necessary for living. 

The household includes:

- 21 studio apartments

- 1   office 

-  utility  room with indivudal gas heaitng 

Parking might be bough for additional fee.

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 9.42 % per annum.
Agency: Mercury Group Ltd
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