Location

Facilities

Description

I am offering an elegant apartment in "Park Residence" at Alfrēda Kalniņa Street 1 – one of Riga's most exceptional addresses, where 19th-century architectural heritage harmonizes with modern comfort and technology.Location and environment. The apartment is ideally located in the very heart of the city – a quiet location between Marijas and Krišjāņa Barona streets, in direct proximity to Vērmanes Garden. Everything you need is within reach: restaurants, cultural venues, public transport. Despite its central location, the building's courtyard is peaceful and green, with convenient bicycle storage.Proven investment. In recent years, the apartment has successfully operated as an Airbnb with excellent results: 252 reviews with a 4.84/5.00 overall rating, Superhost status for 3 consecutive years, and a steady 85-95% monthly occupancy rate. There is an option to continue working with a trusted cleaning service, allowing the new owner to immediately continue renting.Historic heritage. The building was constructed in 1895 according to the design of renowned architect Kārlis Johans Felsko, known for such works as the Schwabe House and Jākša House on Town Hall Square. The facade is decorated with Renaissance-style details, giving the building timeless elegance and distinctive character.Quality and comfort. The apartment features a professionally designed interior in warm tones with high-quality materials. It includes MEISTER oak parquet flooring, VILLEROY & BOCH stone mass tiles, HANSGROHE sanitary fixtures, an INNOVATION sofa, and Italian Cordivari radiators. Every element has been carefully selected to ensure both aesthetics and durability.Thoughtful layout. Despite its small size, this is the best layout among all apartments in this project. The kitchen is separate from the living space, and the bathroom entrance is from the hallway (rather than from the living area). Combined with high ceilings and excellent natural lighting, the apartment is truly pleasant to live in.Ready for operation. The apartment is fully prepared for both personal residence and rental. Everything necessary for Airbnb operation is already established and successfully functioning – from furniture and equipment to systems and processes.I am selling the apartment because I need funds for another project. This is an excellent opportunity to take over an already established, successfully operating Airbnb business or simply enjoy life in a prestigious historic building apartment in Riga's center.Read more