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299 000 €

Flat in Riga, Latvia, 154 sq.m

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  • Flat in Riga, Latvia, 154 sq.m - picture 1
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  • Flat in Riga, Latvia, 154 sq.m - picture 1
  • Property ID on Prian.info: 3099105
    Last update: 16.03.2022
    Number of views: 4683

299 000 €

Flat in Riga, Latvia, 154 sq.m

154 sq.m 5

  • Property ID on Prian.info: 3099105
    Last update: 16.03.2022
    Number of views: 4683

Specifications

Sale price 299 000 €
Price per square meter 1 941.56 €
Floor area 154 sq.m
Total number of rooms 5

Description

Investment object after renovation

Investment property for sale. Offices after complete renovation, located in the heart of Riga, Rainisa Boulevard 31, in front of the Train Station and STOCKMANN, two minutes walking from the Old City. Offices are located on the 2nd floor, half of the windows opening onto a Rainis Boulevard and its park, and another half into a quiet courtyard. 154 m² of living area, the apartment consists of 5 rooms, spacious entrance hall, 2 shower rooms and 3 WC, an equipped kitchen. It benefits of two separate entrances. Possibility to divide into two independent apartments. Big potential of usage:

  • Usage for business purposes ( hostel, offices, clinic center … )
  • Mixed usage as a main residence and business due to two separate entrances.
  • Usage as a primary residence

Before having been renewed and reconstructed the place was used as a hostel due to its exceptional location.

Gas heating (new boiler), closed staircase (interphone), high ceilings, everything is new.
Other advantages are : ideal location within developed infrastructure, in walking distance to parks, restaurants, grocery shops, public transport, beauty salons, the old city, train station.




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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