Apartment in Riga city for sale 179.000€

EUR 179,000
Property for
Sale
Location
Country
Latvia
State/Region/Province
Riga
Address
Marijas iela, 16
ZIP code
3239
Posted
Jun 02, 2025
Description
Investment opportunity in the centre of Riga - 2 fully equipped apartments in one property, in Marijas street, Upīša arcade!

A great property with excellent yield potential - two independent apartments in one property, in one of the most sought-after locations in the centre of Riga.

Suitable for both short and long term rental or living with additional income.

? Property description:
Total area: 77 m² (sold together only)

Layout: two separate apartments with a shared hallway. Possibility to use as one spacious apartment.

Condition: Fully renovated, quality renovation with documented photo process

Heating: individual gas heating - economical and easily adjustable

Furnishings: furniture, appliances, plumbing, lighting, built-in wardrobes - everything for living or immediate rental

?️ Apartment layout:
1. Studio apartment (33 m²)
- living area combined with kitchen, sleeping area, bathroom

2. Two-bedroom apartment (44 m²)
- entrance hall, spacious living room, separate kitchen, sleeping area, bathroom

? Possibilities for use:
Rent both apartments separately (for short or long term rent)

Combine into one spacious property

Live in one apartment, rent out the other - a great opportunity for passive income

? Potential yield:
Long-term rent: ~950 EUR/month

Short-term rent: ~1900 EUR/month
Lot Size
77.00 sq m
Floor Number
2
Room details
Total rooms
3
Building details
Number of Floors
6
Contact information
IMLIX ID
IX6.987.545
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Loan Terms
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Interest Rate
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