A house with 22 apartments in the center of Riga for sale
€1 300 000
ID 98524
Uploaded 08.07.2025
Key features
Details
Property description
Home ownership in the sought-after Teika area is an ideal location for both local tenants and foreigners.
Home ownership includes:
- 21 apartments (separate land registers)
- 1 office space
- separate boiler room
Parking spaces can be purchased for an additional fee.
The apartments are sold with full finishes, furniture and plumbing, each apartment is rented for 400-550 euros.
Small studio-type apartments are in high demand in the real estate market and are rented out in record time ( tenants are foreigners, employees of international companies, students, as well as locals coming from other cities.
The profitability of a particular household is 9.42% per annum.
The building has been completely renovated, with individual meters for each apartment.
Home ownership includes:
- 21 apartments (separate land registers)
- 1 office space
- separate boiler room
Parking spaces can be purchased for an additional fee.
The apartments are sold with full finishes, furniture and plumbing, each apartment is rented for 400-550 euros.
Small studio-type apartments are in high demand in the real estate market and are rented out in record time ( tenants are foreigners, employees of international companies, students, as well as locals coming from other cities.
The profitability of a particular household is 9.42% per annum.
The building has been completely renovated, with individual meters for each apartment.
Agency: Mercury Group Ltd
