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Description

For Sale – Profitable Short-Term Rental Property: Residential House with 5 Apartments, Riga, Ludzas Street 70For sale: a fully operational residential building with five short-term rental apartments, located in a strategic and easily accessible area – Ludzas Street 70, Riga.Total building area: 188 m². All apartments are fully furnished and equipped, allowing the new owner to continue operations immediately without additional investment.The property currently operates as a successful short-term rental business, generating a stable cash flow and high return on investment.Rentals are managed primarily through Booking.com.Detailed financial statements (income, expenses, ROI) are available upon request.Property Features:5 fully equipped short-term rental apartmentsElectric heating with air-to-air heat pumpsSolar panels reducing electricity costsCity water and sewage connectionsConvenient parking by the buildingExcellent location with easy access to Riga city centre and Old TownInvestment Highlights:Fully established and operating rental businessStable revenue and high occupancy rateLow operating costs due to energy-efficient solutionsReady-to-run business with no additional setup requiredStrong potential for capital growth driven by Riga’s rental market developmentThis is an attractive investment opportunity, combining consistent cash flow with property value appreciation.📞 Contact us for more information, detailed financials, or to schedule a property viewing.A 3D virtual tour is available upon request.Read more