Location
Kungu iela 25
Vecrīga
Facilities
Price History
Description
The apartment is located in a modern building in the Old Town an excellent option both for personal use and as an investment property for rental income.According to the inventory file, the apartment area is 33.1 m². The apartment is located on the 4th floor, and the building has an elevator. The apartment has façade-facing windows, plenty of natural light, and a view towards St. Peter’s Church.The layout is practical and well thought out: a living area, kitchen, bathroom with bathtub, as well as a spacious wardrobe and hidden storage areas.The apartment is fully equipped for comfortable living: washing machine, dishwasher, hob, extractor hood, microwave, bathtub, hygienic shower/bidet, quality sanitary ware and finishing materials.The building has a central air-conditioning system, and the apartment has all the necessary connections for installing an air conditioner.Excellent location: restaurants, cafés, bars, the river promenade, and public transport stops tram and buses are all within a few minutes’ walk. There is a guarded parking area nearby. The building also has parking, however no parking space is attached to this apartment; a parking space can be rented separately if needed.The apartment is currently rented. The existing rental agreement is valid until 30.07. The current rent is 550 EUR per month plus utilities. There is potential to increase the rent to 600 EUR per month plus utilities.Current utility costs are approximately:winter around 210 EUR per month,summer around 160 EUR per month.Regarding the land: most of the land under the building belongs to the apartment owners, including the respective undivided shares related to this apartment. A small part of the land is leased from Riga City Council, and land rent is paid for this part.The apartment is bright, cosy, in good condition, and ready to use without additional investment.Read more
Kungu iela 25 Vecrīga
Location
Kungu iela 25
Vecrīga
Facilities
Price History
Description
The apartment is located in a modern building in the Old Town an excellent option both for personal use and as an investment property for rental income.According to the inventory file, the apartment area is 33.1 m². The apartment is located on the 4th floor, and the building has an elevator. The apartment has façade-facing windows, plenty of natural light, and a view towards St. Peter’s Church.The layout is practical and well thought out: a living area, kitchen, bathroom with bathtub, as well as a spacious wardrobe and hidden storage areas.The apartment is fully equipped for comfortable living: washing machine, dishwasher, hob, extractor hood, microwave, bathtub, hygienic shower/bidet, quality sanitary ware and finishing materials.The building has a central air-conditioning system, and the apartment has all the necessary connections for installing an air conditioner.Excellent location: restaurants, cafés, bars, the river promenade, and public transport stops tram and buses are all within a few minutes’ walk. There is a guarded parking area nearby. The building also has parking, however no parking space is attached to this apartment; a parking space can be rented separately if needed.The apartment is currently rented. The existing rental agreement is valid until 30.07. The current rent is 550 EUR per month plus utilities. There is potential to increase the rent to 600 EUR per month plus utilities.Current utility costs are approximately:winter around 210 EUR per month,summer around 160 EUR per month.Regarding the land: most of the land under the building belongs to the apartment owners, including the respective undivided shares related to this apartment. A small part of the land is leased from Riga City Council, and land rent is paid for this part.The apartment is bright, cosy, in good condition, and ready to use without additional investment.Read more