Location
Sīmaņa iela 3A
Sarkandaugava
Facilities
Price History
Description
Perfect as an investment opportunity generating stable rental income in the rapidly developing Riga district of Sarkandaugava, as well as an ideal starter home.The apartment is in good condition and consistently generates an annual rental yield of 14–15%, allowing investors to comfortably outperform inflation. It is fully equipped with everything necessary for comfortable living. Free parking is available in the courtyard or on the street.Public transport stops are located within immediate walking distance, including the Sarkandaugava Mobility Point (Mobilitātes punkts Sarkandaugava), providing convenient access to trolleybuses, trains, trams, and buses. This ensures quick and easy connections to Riga city centre as well as the seaside area of Vecāķi. For nature lovers, the popular Mežaparks recreational area can be reached within minutes.Nearby amenities include Rimi, Lidl, and Mego supermarkets, along with numerous shops and various services.The building is managed by RNP. Current utility costs are exceptionally low, averaging only €30–40 per month throughout most of the year (excluding electricity). Heating is provided by a combination of a wood-burning stove and electric heating.The apartment layout has been officially approved by an architect and registered with BIS and VZD. The real estate tax for 2026 has already been paid. The property is insured with BTA. The land is privately owned.Sarkandaugava is the closest northern district to Riga city centre and forms part of the Centra punkts development zone (Rīgas apkaimju iedzīvotāju centrs), which ensures continued investment in infrastructure and urban development. The area is becoming increasingly attractive to developers and investors, making it a promising location for both residential living and long-term investment.Read more
Sīmaņa iela 3A Sarkandaugava
Location
Sīmaņa iela 3A
Sarkandaugava
Facilities
Price History
Description
Perfect as an investment opportunity generating stable rental income in the rapidly developing Riga district of Sarkandaugava, as well as an ideal starter home.The apartment is in good condition and consistently generates an annual rental yield of 14–15%, allowing investors to comfortably outperform inflation. It is fully equipped with everything necessary for comfortable living. Free parking is available in the courtyard or on the street.Public transport stops are located within immediate walking distance, including the Sarkandaugava Mobility Point (Mobilitātes punkts Sarkandaugava), providing convenient access to trolleybuses, trains, trams, and buses. This ensures quick and easy connections to Riga city centre as well as the seaside area of Vecāķi. For nature lovers, the popular Mežaparks recreational area can be reached within minutes.Nearby amenities include Rimi, Lidl, and Mego supermarkets, along with numerous shops and various services.The building is managed by RNP. Current utility costs are exceptionally low, averaging only €30–40 per month throughout most of the year (excluding electricity). Heating is provided by a combination of a wood-burning stove and electric heating.The apartment layout has been officially approved by an architect and registered with BIS and VZD. The real estate tax for 2026 has already been paid. The property is insured with BTA. The land is privately owned.Sarkandaugava is the closest northern district to Riga city centre and forms part of the Centra punkts development zone (Rīgas apkaimju iedzīvotāju centrs), which ensures continued investment in infrastructure and urban development. The area is becoming increasingly attractive to developers and investors, making it a promising location for both residential living and long-term investment.Read more