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. 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
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Buy 3 Bedroom Apartment, €179,000
🇱🇻 Latvia, Riga, Marijas iela 16 Centrs Rīga
About the Property Apartment
Rooms
3
Total Area
77 m²
Floor
2
Deal Information
Type
Sell
Price
€179,000
Price Type
Full Price
Price per m²
€2,324.68
About the House
Number of Floors
6
About Mortgage
Mortgage Payment
€0/mon.
Salary
€0/mon.
Mortgage
Investment Indicators
Monthly Rent
Median Price: . Average Price: . Price from to . Average Price: 14 m²/€. Calculation based on 1 ad.
€1,500
€1,500
€1,500
€1,500
Income: 10.06%. Payback: 9 years 0 mon.
Market Value
Median Price: . Average Price: . Price from to . Average Price: 2,898 m²/€. Median Price: 2,967 m²/€. Calculation based on 5 ad.
€234,320
€228,864
€179,000
€259,200
Percentage deviation from the median market value: -24%
Description
English
Русский
Nearby Places
Rimi 64 mSwedbank 193 mSwedbank 390 mSwedbank 399 mBurger King 406 mRimi 415 mSwedbank 419 mRimi Super 436 mMcDonald's 442 mSwedbank 484 mRimi Mini 495 mRimi Super 563 mBurger King 857 mMcDonald's 896 m
Products and Goods
Rimi 64 mRimi 415 mRimi Super 436 mRimi Mini 495 mRimi Super 563 m
Restaurant and Cafe
Burger King 406 mMcDonald's 442 mBurger King 857 mMcDonald's 896 mBurger King 1.7 kmBurger King 2.8 kmKFC 2.8 kmKFC 2.9 kmMcDonald's 3.6 kmMcDonald's 3.7 km
Banks and finance
Swedbank 193 mSwedbank 390 mSwedbank 399 mSwedbank 419 mSwedbank 484 m
Airport
RIX Rīgas lidosta 9.9 km
Hospital
Rīgas 1. slimnīca 1.2 km"Veselības centrs 4" diagnostikas centrs 1.5 kmRīgas dzemdību nams 1.9 kmNacionālo Bruņoto spēku militārās medicīnas centrs 3.1 kmTiesu psihiatrisko ekspertīžu un piespiedu ārstēšanas centrs 3.4 km
€179,000
Price Full Price
Mortgage
€53,700
€612.74/mon.
realat
Ref: 46975 Latvia, Marijas iela 16 Centrs Rīga
Price and availability information updated 4/3/26
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