For Sale   >   Latvia Flag  Latvia   >  Riga
  • €4,000,000
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  • Development
  • For Sale 
  • Riga
  • latvia Flag Latvia
We are delighted to offer this exciting investment/development opportunity situated in the heart of Riga, capital of Latvia (19 Merkela Street). The property is located opposite Vermana Park and two minutes walk to the Old City of Riga. With the permission to refurbish this property in (3 star hotel, 35-40 rooms). Location is ideal for hotel. At present time ground floor and basement is rented to Private Bank and brings a profit around 10k euro per month. The property has been build in 1880, comprises of 4 floors, basement and mansard. Facade, ground floor and basement have been refurbished. Property 2518.88 sq. meters, land 1624 sq. meters. City sewage system, water-supply, heating. Gas, Electricity, Telephone, Television. +37128889669
We are delighted to offer this exciting investment/development opportunity situated in the heart of Riga, capital of Latvia (19 Merkela Street). The property is located opposite Vermana Park and two minutes walk to the Old City of Riga. With the permission to refurbish this property in (3 star hotel, 35-40 rooms). Location is ideal for hotel. At pr...
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