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Apartment Riga (Latvia)by annonceur international
Apartment
Backto the list : apartment for Sale at Riga

ApartmentRiga (Latvia)
Price :
$2,617,500
($1,756 / m²)
Surface1,491 m²bathrooms14 land436 m²

An exceptional opportunity to acquire a historic office building located in the very heart of Riga’s prestigious Old Town. This elegant property, originally commissioned in 1912, reflects the architectural charm of the early 20th century while offering functionality fully suited to modern business needs.The building is situated on a land plot of 435.5 m² and offers a total area of 1,975.7 m², including a usable cadastral area of 1,609.8 m² and a highly efficient net leasable area of 1,491.08 m². Arranged across six floors, the property features two staircases that ensure convenient access and smooth tenant flow, as well as an elevator located in the central staircase for added comfort.A significant advantage of this property is its strong income profile — 99% of the building is currently leased to reliable, high-quality tenants, providing immediate and stable rental income for the new owner. This makes the asset particularly attractive for investors seeking a secure, income-generating property with minimal vacancy risk.The building is connected to the city’s central heating system with a heating distribution unit located in the basement, ensuring efficient and dependable heating throughout the premises.Combining historical character, a prime Old Town location, and excellent occupancy with dependable tenants, this property represents a rare and compelling investment opportunity in one of Riga’s most sought-after areas.
Advertiser reference : 115703907Le Figaro Properties reference : 101815739

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Apartment Riga (Latvia)

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annonceur international
8 Rue Centrale1003 Lausanne (Switzerland) All the listings of this agency

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The data entered into this form is required to allow our partner to respond to your contact request by email/SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

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