Buy 2 Bedroom Apartment, €88,000
🇱🇻 Latvia, Riga, Sadovņikova F. iela 22 11 Centrs Rīga
30.7
2
3 of 4
About the Property Apartment
Rooms
2
Total Area
30.7
Floor
3
Deal Information
Type
Sell
Price
€88,000
Price Type
Full Price
Price per m²
€2,866.45
About the House
Number of Floors
4
About Mortgage
Mortgage Payment
€0/mon.
Salary
€0/mon.
About Investment
Income
4.02%/year
Payback
24 year 10 month
Monthly price
€295/mon.
Mortgage
Down Payment
EUR
0%
10%
20%
30%
50%
60%
70%
Interest Rate
  %year
Amount
EUR
Term
  year(s)
Total
€301.23/mon.
Overpayment €4,854.6
Investment Indicators
Radius 1.8 km.
Total Area ± 5 m²
Monthly Rent
Median Price €203. Average Price €341. Price from €49 to €750.
Income 2.77%. Payback 36 years 1 mon.
Market Value
Median Price €59,000. Average Price €63,222. Price from €42,670 to €95,000
Percentage deviation from the median market value 49%
Description
For sale: 2-room apartment in the center of Riga, just 1.5 km away from the Old Town. This 31 square meter apartment is located in a fully renovated 4-story brick building from 1918 with a basement. The apartment is situated on the 3rd floor, ensuring peace and tranquility. It is oriented towards the south-east, providing plenty of sunlight and warmth. This apartment is suitable for both living and renting. It comes fully furnished and equipped, and it offers a potential return on investment of 7% from rental income (up to 17% for short-term rentals). The price includes built-in furniture and appliances. Utility payments are based on individual consumption, including electricity, cold and hot water, as well as heating. The building features a new heat exchange unit with 2 Junkers 9000i series condensing gas boilers in a cascade, ensuring efficient energy consumption. On average, utility costs amount to 2 EUR/m2 in summer and 4-5 EUR/m2 in winter. The location of this apartment is highly advantageous. There are various public transportation options, parks, and shops nearby. Educational institutions, such as the Faculty of Social Sciences at the University of Latvia, as well as shopping centers and the heart of Riga - the Old Town, are within close proximity. The project offers open-plan apartments that are ideal for short-term living or renting. The layout is thoughtfully designed, providing a sense of spaciousness and efficient use of space. The special placement of windows creates a bright and pleasant interior. This place ensures satisfaction and peace for its residents. This apartment is a great opportunity to acquire a comfortable and cozy home in the center of Riga. Don't delay, start a new chapter of your life in the "S22" project today!
Nearby Brands
Lidl 498 m
 
 
€88,000
Price Full Price
Mortgage
€26,400
€301.23/mon.
realat
Show phone
Ref: 40507 Latvia, Sadovņikova F. iela 22 11 Centrs Rīga
Price and availability information updated 6/8/25
 
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