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5 950 000 €

Reconstruction property in Riga, Latvia, 5 500 sq.m
  • Reconstruction property in Riga, Latvia, 5 500 sq.m - picture 1
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  • Reconstruction property in Riga, Latvia, 5 500 sq.m - picture 1
  • Reconstruction property in Riga, Latvia, 5 500 sq.m - picture 2
  • Reconstruction property in Riga, Latvia, 5 500 sq.m - picture 3
  • Reconstruction property in Riga, Latvia, 5 500 sq.m - picture 4
  • Reconstruction property in Riga, Latvia, 5 500 sq.m - picture 5
  • Reconstruction property in Riga, Latvia, 5 500 sq.m - picture 6
  • Reconstruction property in Riga, Latvia, 5 500 sq.m - picture 7
  • Reconstruction property in Riga, Latvia, 5 500 sq.m - picture 8
  • Reconstruction property in Riga, Latvia, 5 500 sq.m - picture 9
  • Reconstruction property in Riga, Latvia, 5 500 sq.m - picture 10
  • Reconstruction property in Riga, Latvia, 5 500 sq.m - picture 11
  • Reconstruction property in Riga, Latvia, 5 500 sq.m - picture 12
  • Property ID on Prian.info: 3754136
    Last update: 19.10.2023
    Number of views: 1299

5 950 000 €

Reconstruction property in Riga, Latvia, 5 500 sq.m

5500 sq.m

  • Property ID on Prian.info: 3754136
    Last update: 19.10.2023
    Number of views: 1299

Specifications

Sale price 5 950 000 €
Price per square meter 1 081 €
House Area 5 500 sq.m
Site plot 1 119 sq.m
Number of storeys 7
Construction phase Resale
Address Latvia, Riga, Noliktavas iela 5

Description

Investment object in Riga Old Town

Investment object in Riga Old Town - Noliktavas 5 for Sale by the owner.
The building is located in Riga Old Town Zone.
Everything is prepared to start active construction works. Almost all necessary demolition works are finished. Project is approved by the government.
Perfect location for Apartment Income House with apartments of different sizes: starting from 18m2 studio to 60m2 apartment with 2 bedroom. According to the project building will have 137 apartments, co-working space, gym, laundry, storage, reception, yard.
The cadastral number of the object - 01000100095001.
The total property size - 5179 m2
Total land plot size - 1286 m2
Total usable property size after reconstruction – 5500 m2
Property Description
-Excellent Location:
Perfect location for living. Parks, rivers, public transport stops, shops, cafes and restaurants are nearby.
- Great Opportunities:
The concept of the project – profitable house of a new type where everything what tenants need is located inside the building.
- Amazing View:
Tenants get amazing view on Kronvalda Park, Daugava river, Old Town and Cable-Stayed Bridge straight from their apartments.


Additional features

House details

  • demands total renovation
  • central water supply
  • central power supply

Contact seller

Message sent

Representative

Aleksey
Broker
Languages: english
Show phone number



Cost of accomodation in Riga

Cost of accomodation in Riga
Restaurants
Cappuccino (regular) 2.85 €
Coke/Pepsi (0.33 liter bottle) 1.40 €
Domestic Beer (0.5 liter draught) 4.00 €
McMeal at McDonalds (or Equivalent Combo Meal) 7.53 €
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
Meal, Inexpensive Restaurant 12.00 €
Water (0.33 liter bottle) 1.13 €
Imported Beer (0.33 liter bottle) 3.00 €
Markets
Apples (1kg) 1.36 €
Banana (1kg) 1.60 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 11.06 €
Bottle of Wine (Mid-Range) 7.00 €
Chicken Fillets (1kg) 6.73 €
Domestic Beer (0.5 liter bottle) 1.51 €
Eggs (regular) (12) 2.55 €
Lettuce (1 head) 1.48 €
Loaf of Fresh White Bread (500g) 1.34 €
Local Cheese (1kg) 10.03 €
Milk (regular), (1 liter) 1.16 €
Onion (1kg) 0.84 €
Oranges (1kg) 1.97 €
Cigarettes 20 Pack (Marlboro) 4.55 €
Potato (1kg) 0.82 €
Rice (white), (1kg) 2.34 €
Tomato (1kg) 2.53 €
Water (1.5 liter bottle) 0.74 €
Imported Beer (0.33 liter bottle) 1.73 €
Transportation
Gasoline (1 liter) 1.68 €
Monthly Pass (Regular Price) 30.00 €
One-way Ticket (Local Transport) 1.50 €
Taxi 1hour Waiting (Normal Tariff) 9.80 €
Taxi Start (Normal Tariff) 2.50 €
Taxi 1km (Normal Tariff) 0.96 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 22 727.50 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22 000.00 €
Rent Per Month
Apartment (1 bedroom) in City Centre 485.52 €
Apartment (1 bedroom) Outside of Centre 307.88 €
Apartment (3 bedrooms) in City Centre 855.88 €
Apartment (3 bedrooms) Outside of Centre 565.26 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 17.13 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 323.78 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 15.44 €
Sports And Leisure
Cinema, International Release, 1 Seat 9.00 €
Fitness Club, Monthly Fee for 1 Adult 42.46 €
Tennis Court Rent (1 Hour on Weekend) 24.35 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 68.50 €
1 Pair of Men Leather Business Shoes 107.46 €
1 Pair of Nike Running Shoes (Mid-Range) 74.71 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 41.56 €
Childcare
International Primary School, Yearly for 1 Child 12 296.92 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 417.00 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 2 425.77 €
Price per Square Meter to Buy Apartment Outside of Centre 1 552.32 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 1 118.53 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.54 %

Data on the cost of living is provided by the service Numbeo.com. Prian.info can not in any way guarantee the authenticity and correctness of the data.

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Seller
Aleksey Broker

Metropolis Riga

Languages: english
Contact seller