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.