Buy 2 Bedroom Apartment, €166,400
🇱🇻 Latvia, Riga, 5
52
2
2 of 5
About the Property Apartment
Rooms
2
Total Area
52
Floor
2
Deal Information
Type
Sell
Price
€166,400
Price Type
Full Price
Price per m²
€3,200
About the House
Number of Floors
5
About Mortgage
Mortgage Payment
€823/mon.
Salary
€1,646/mon.
About Investment
Income
7.86%/year
Payback
12 year 9 month
Monthly price
€1,090/mon.
Mortgage
Down Payment
EUR
0%
20%
30%
60%
Interest Rate
  %year
Amount
EUR
Term
  year(s)
Total
€569.61/mon.
Overpayment €9,179.62
Investment Indicators
Radius 1.8 km.
Total Area ± 5 m²
Monthly Rent
Median Price €1,113. Average Price €1,113. Price from €750 to €1,476.
Income 8.03%. Payback 12 years 6 mon.
Market Value
Median Price €114,000. Average Price €121,536. Price from €82,000 to €220,000
Percentage deviation from the median market value 46%
Description
"Scheffel House" is a charming Art Nouveau residential building at 5 Baznīcas Street, built in 1907 to a design by Friedrich Scheffel. The property consists of two buildings - a front and a courtyard house, and although the available space and the supply of apartments in the two buildings differ, they are united by high potential, due to both the central location near the Freedom Monument and the Cabinet of Ministers, and the historical and architectural value of the building. The front building offers apartments ranging from 50 to 140 m2. These dwellings are decorated with unique historical evidence - wooden parquet and ceiling ornaments, original stained-glass windows and carved wood staircases in the stairwells. These apartments are offered in their existing condition so that the new owners are not deprived of the opportunity to redesign the rooms and thus preserve the authentic details. The facade also offers a choice of two outstanding dwellings on the 3rd and 4th floors, which have romantic balconies facing Baznīcas Street. Residents of both buildings will also enjoy shared benefits. For example, you will be able to buy storage rooms, use the bicycle storage and a dedicated laundry room. The Courtyard House offers white-finished apartments ranging from 15 to 40 m2. The apartments have underfloor heating with a heat recovery system and an elevator. According to the developers, these will be excellent properties for investment purposes with potential in the rental market, and may also be the first home for a young, dynamic person Translated with DeepL.com (free version)
Nearby Brands
Swedbank 988 m
 
 
€166,400
Price Full Price
realat
Show phone
Ref: 46454 Latvia, 5
Price and availability information updated 3/3/25
 
€181,075 Full Price
3.64%/year
M-SQ
27 years
€550 in month
2%
3 Bedrooms
Apartment
59
€3,054/
Riga • Latvia, Čaka iela 123 2 Centrs Rīga
€141,625 Full Price
25%
2 Bedrooms
Apartment
52
€2,750/
Riga • Latvia, Čaka iela 123 4 Centrs Rīga
€174,990 Full Price
3.77%/year
M-SQ
26 years
€550 in month
-2%
3 Bedrooms
Apartment
61
€2,850/
Riga • Latvia, Čaka iela 123 6 Centrs Rīga
€167,295 Full Price
3.95%/year
M-SQ
25 years
€550 in month
-6%
3 Bedrooms
Apartment
59
€2,850/
Riga • Latvia, Čaka iela 123 11 Centrs Rīga
€152,000 Full Price
7.5%/year
M-SQ
13 years
€950 in month
-48%
3 Bedrooms
Apartment
48
€3,167/
Riga • Latvia, Mucenieku iela 3 4 Vecrīga Rīga
€164,480 Full Price
7.95%/year
M-SQ
12 years
€1,090 in month
2 Bedrooms
Apartment
51
€3,200/
Riga • Latvia, 5
€171,600 Full Price
7.62%/year
M-SQ
13 years
€1,090 in month
2 Bedrooms
Apartment
52
€3,300/
Riga • Latvia, 5
€146,010 Full Price
8.96%/year
M-SQ
11 years
€1,090 in month
2 Bedrooms
Apartment
47
€3,100/
Riga • Latvia, 5
€143,000 Full Price
3 Bedrooms
Apartment
47
€3,069/
Riga • Latvia, Alauksta iela 7 6 Centrs Rīga
€176,115 Full Price
55%
2 Bedrooms
Apartment
60
€2,950/
Riga • Latvia, Čaka iela 123 8 Centrs Rīga
🔎 Search real estate Latvia
Find your perfect property with ease. For life and investment.
🌎 Countries
Explore real estate opportunities worldwide.
🗺️ Regions
Explore real estate opportunities inner regions.
💻 Add ad
To sell or rent your property faster. Post your ad for free.
🟥 M-SQ Latvia
Real estate investment website M-SQ. Our mission is to help you understand real estate investments and market.
🙋‍♂️ Join us
Start with the simplest thing, create your account.
João, Maria, Tiago, and AnaJoão, Maria, Tiago, and AnaJoão, Maria, Tiago, and AnaJoão, Maria, Tiago, and Ana
We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.