castles for sale Riga, Latvia

The historic Manor Zēluste, located on the shore of Lake Jugla, is offered for purchase, with adjacent plots of land, the total scale of this property is 38 682 sq.m. The manor was built in the first half of the 19th century and nowadays is labelled as one of the cleanest and most elegant manor’s in Riga. Estate’s name, translated from German, means “lake joy”, which is not far from the truth, because until the beginning of the 20th century Zēluste was Riga’s residents’ favourite place to drive out to. The proximity of water and forest, fresh air and being located just a 30 minute drive away from the center of Riga make this place wonderful. It is located in a lovely location and is filled with history. It is not for nothing that the building has been renovated and is currently labelled as a monument of national importance. The Zēluste’s Manor’s complex houses 2 residential buildings with 5 ancillary buildings. The main manor building, which is 1225.9 m2 large, has a newly built underground basement floor with a large terrace from which one can observe the wonderful view of Lake Jugla. Rooms are filled with daylight. The property has celebration rooms, a cinema, a spacious pool room, a sauna, changing rooms, a wine cellar and other rooms. The property also has such additions as 2 scenically beautiful private beaches, a boat dock, a garage with 8 parking spaces, a observation tower, 2 romantic pergolas, a pond with an outdoor sauna, a smokehouse and a fire oven, a beautiful garden, a security room, and a separate apartment for the housekeeper. On the first floor of the large house there are three bedrooms, and on the second floor - a master bedroom and a guest room. There are 5 apartments set up in the small house, each of them has private a kitchen and a bathroom. The building and the surrounding area was last restored with the utmost understanding and care in 2006.

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.