Location
Merķeļa iela 17/19
Centrs
Facilities
Price History
Description
Investment apartment for sale, consisting of five studio units operating as short-term rentals.Layout: a spacious corridor connecting five separate studio apartments. Currently, all units are rented out on a short-term basis and managed by a professional management company. All processes are automated and require no involvement from the owner. Data on income, operating costs, and yield is available.The building is located between two parks and serves as a boundary between the Old Town and Riga’s active city center, making this address especially attractive for short-term rentals. The interior design is created to make the apartments stand out among other short-term rental offerings. The apartment’s identity is defined by 3.20 m high ceilings, preserved brick walls, and aesthetically refined interior elements.The building has undergone full renovation, including replacement of all engineering systems, installation of high-quality wooden windows, and upgraded common areas. Legally, apartment is a separate apartment property with no encumbrances, and the land under the building is owned.The property can be purchased with an active short-term rental management agreement.Call to receive additional information and arrange a viewing.https://www.ss.lv/msg/lv/real-estate/flats/riga/centre/UnoPHUlnQFk=.html?1777538789Read more
Merķeļa iela 17/19 Centrs
Location
Merķeļa iela 17/19
Centrs
Facilities
Price History
Description
Investment apartment for sale, consisting of five studio units operating as short-term rentals.Layout: a spacious corridor connecting five separate studio apartments. Currently, all units are rented out on a short-term basis and managed by a professional management company. All processes are automated and require no involvement from the owner. Data on income, operating costs, and yield is available.The building is located between two parks and serves as a boundary between the Old Town and Riga’s active city center, making this address especially attractive for short-term rentals. The interior design is created to make the apartments stand out among other short-term rental offerings. The apartment’s identity is defined by 3.20 m high ceilings, preserved brick walls, and aesthetically refined interior elements.The building has undergone full renovation, including replacement of all engineering systems, installation of high-quality wooden windows, and upgraded common areas. Legally, apartment is a separate apartment property with no encumbrances, and the land under the building is owned.The property can be purchased with an active short-term rental management agreement.Call to receive additional information and arrange a viewing.https://www.ss.lv/msg/lv/real-estate/flats/riga/centre/UnoPHUlnQFk=.html?1777538789Read more