luxury contemporary apartments / penthouses for sale Riga, Latvia

A spacious terrace, refined architecture and contemporary comfort define this elegant two-bedroom apartment in the prestigious Parker's development, designed for those who appreciate exceptional quality of life and one of Riga's finest locations. Situated in a building completed in 2018, the apartment features high-quality finishes throughout, a thoughtfully designed layout and a generous private terrace—an ideal setting for morning coffee, relaxing evenings or al fresco dining. The interior showcases premium materials, including natural hardwood parquet flooring, high-quality sanitary ware and elegantly finished bathrooms. The well-planned layout comprises a spacious living room with an open-plan kitchen, two bedrooms, one bathroom, a guest WC and a large terrace, providing both comfort and functionality for everyday living. The interiors of Parker's are inspired by the timeless elegance of Art Deco, combining marble, brass, nickel and sophisticated shades of grey to create a luxurious yet contemporary atmosphere. Residents enjoy a spacious lobby with natural daylight, Schindler high-speed elevators, a secure gated entrance, video surveillance, electronic access control, fibre-optic internet and a modern fire safety system. A beautifully landscaped and peaceful inner courtyard is available for residents' enjoyment. Located in Riga's prestigious Quiet Centre, the property is just a short walk from renowned restaurants and cafés, shops, schools and the area's remarkable historic architecture. The Old Town can be reached in approximately 10 minutes on foot. Parker's is more than just an address—it is a lifestyle for those who value quality, distinguished architecture and sophisticated city living in the heart of Riga. Operating costs: Utility costs in 2026 amounted to EUR 334 in January, EUR 254 in March, and EUR 228 in June. The annual real estate tax is EUR 170. The price includes all built-in furniture.

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.