Buy 3 Bedroom Apartment, €179,000
🇱🇻 Latvia, Riga, Marijas iela 16 Centrs Rīga
77
3
2 of 6
About the Property Apartment
Rooms
3
Total Area
77
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
Amount
EUR
Down Payment
EUR
0%
10%
20%
30%
50%
60%
70%
Interest Rate
  %year
Term
  year(s)
Total
€612.74/mon.
Overpayment €9,874.71
Investment Indicators
Radius 1.8 km.
Total Area ± 5 m²
Monthly Rent
Median Price €1,200. Average Price €1,232. Price from €950 to €1,500.
Income 8.04%. Payback 12 years 5 mon.
Market Value
Median Price €230,000. Average Price €220,049. Price from €142,000 to €259,200
Percentage deviation from the median market value -22%
Description
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. ? Property description: Total area: 77 m² (sold together only) 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
Nearby Brands
Rimi 845 mSwedbank 1.1 kmRimi Express 1.2 km
 
 
€179,000
Price Full Price
Mortgage
€53,700
€612.74/mon.
realat
Show phone
Ref: 46975 Latvia, Marijas iela 16 Centrs Rīga
Price and availability information updated 9/1/25
 
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