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Gallery access block, Vilnas 2

1007 Riga, Dzirciems

Investment in rent house 8 apartments

For sale is a promising property with a 391 m² building with 8 apartments, located in a sought-after and easily accessible location. The property is complemented by a spacious 1344 m² plot of land which significantly increases its value and future potential.

This is a property for an investor who is looking for more than just square footage, but an opportunity to build a stable and long-term investment.

Eight separate residential units provide the opportunity to create a regular rental cash flow, while the large plot of land opens up additional opportunities for property development and value increase. 391 m² of construction, 8 apartments and 1344 m² of land - a combination that offers both existing income potential and the opportunity to look to future development in one property.

A good location, a significant land area and a multi-apartment structure make this property an interesting investment object with ample opportunities to adapt it to your investment strategy.

A property with potential that can be developed today and appreciated even more in the future.

Ligita Tetere

English Russian Latvian
Managing Director
Habita Riga
Habita Licensed Real Estate Agent
Selling price
EUR 380,000 ($607,564)
Rooms
16
Bedrooms
8
Bathrooms
8
Living area
391 m²

Basic details

Listing number 678444
Selling price EUR 380,000 ($607,564)
Rooms 16
Bedrooms 8
Bathrooms 8
Living area 391 m²
Total area 441 m²
Area of other spaces 50 m²
Measurements verified No
Measurements based on Building plan
Floor 2
Residential floors 1
Condition Good
Parking Parking space
Views Backyard, Inner courtyard, Garden, Street, City
Floor surfaces Laminate, Wood
Wall surfaces Wood, Wall paper, Paint

Building and property details

Construction year 1980
Inauguration 1980
Floors 2
Lift No
Roof type Shed roof
Ventilation Natural ventilation
Foundation Concrete
Energy certificate class No energy certificate required by law
Heating Wood and pellet heating
Building materials Wood, Brick
Roof materials Sheet metal
Facade materials Concrete element
Common areas Storage
Lot area 1344 m²
Number of buildings 1
Terrain Flat
Road Yes
Land ownership Own
Planning situation Detailed plan
Municipality engineering Water, Sewer, Electricity

Monthly fees

Maintenance 200 € / month (319.77 $) (estimate)

Purchase costs

Notary EUR 300 ($480) (Estimate)
Registration fees 1.5 %
Registration fees EUR 100 ($160) (Estimate)

This is how the buying of your property starts

  1. Fill out the short form and we will arrange a meeting
  2. Our representative will contact you without delay and arrage a meeting.

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