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
