126000EUR
We offer an apartment in the very center of Riga – on Tērbatas Street, in one of the most sought-after and lively locations in the capital. The property is located in a pre-war building with an authentic downtown feel, historical character with the conveniences of city life.
The apartment has a functional and flexible layout with three walk-through rooms, suitable for both living and work or investment purposes. Heating is provided by an individual gas boiler in the apartment, which allows you to adjust the heating intensity and costs according to your needs.
Planning:
The property is an apartment property with land in ownership. Utility payments in the winter period are approximately 350 EUR (including 200 EUR renovation savings, which are calculated only until the end of the renovation) plus gas consumption depending on use, while in the summer period – approximately 250 EUR (including 200 EUR renovation savings, which are calculated only until the end of the renovation) plus gas. Real estate tax per year is 130 EUR.
The house has been partially renovated, and the renovation of the last facade wall is planned in the near future, after which the renovation of the building will be fully completed, the renovation is planned to be completed in 2026. This will positively affect the technical condition and value of the property in the long term.
There is a Mobilly parking lot available for parking (at Matīsā Street 8) about a three-minute walk from the house for 60 EUR per month.
Infrastructure:
The apartment is located in the very center of Riga – on Tērbatas Street, where everything you need for everyday life can be reached within a few minutes’ walk. The area offers various shops, cafes, restaurants and service providers, as well as cultural and entertainment facilities. Educational institutions, sports and recreational opportunities, as well as medical services are nearby.
Extensive public transport network to all districts of Riga. Tērbatas Street is one of the city’s most active and sought-after streets, highly valued both for permanent residence and as an investment with stable interest in the rental market.
We are potentially looking at installments for a period of up to 5 years, with the condition that the previous owner remains living in the property until the full amount is received.
A 3D tour is available at the bottom of the ad, allowing you to virtually walk through the apartment and get to know its layout before viewing it in person.
Call or write (SMS, WhatsApp, Email) to arrange a viewing or receive additional information!
