€36,000
€480/m²
💰 ROI Analysis
AI-estimated ROI: 90%
Details
Description
Plašs dzīvoklis pašā Rīgas centrā, 2/2 st. , koka māja, 3 istabas, duša, WC dzīvoklī, ir krāsns, malkas plīts, jauni logi, jauna santehnika, laba grīda, griestu augstums 2.00 m, jumts mainīts, zemes nomas maksa 5 EUR/mēnesīПросторная квартира в самом центре Риги, 2/2 ст, деревянный дом, 3 комнаты, встроенная кухня, душ, WC в квартире, есть печь, дровяная плита, новые окна, новая сантехника, хороший пол, высота потолка 2, 00 м, крыша поменяна, арендная плата за землю 5 EUR/месяцA spacious apartment in the centre of Riga, 2/2 h, wooden house, 3 rooms, built-in kitchen, shower, WC apartment, is an oven, wood stove, new windows, new plumbing, good floor, ceiling height of 2.00 m, roof replaced, land rentals of EUR 5/monthPilsēta:RīgaRajons:centrsIela:Mīlenbaha 13[Karte]Istabas:3Platība:75 m²Stāvs:2/2Sērija:P. karaMājas tips:KokaCena:36 000 € (480 €/m²)
🤖 AI Analysis
23 Feb 2026📸 Photo Assessment
The interior is very basic and dated, typical of an unrenovated wooden building. The kitchen appears functional but old. The common staircase shows recent paintwork but the overall building exterior is worn. Ceiling height is low at 2.00m.
📋 Analyst Notes
This property offers significant renovation potential due to its extremely low purchase price in Centrs. Despite the low ceiling height (2.00m), which is a drawback, the projected ROI is very strong at over 90%. The investor can easily add substantial value by fully modernizing the apartment. The land lease is a minor recurring cost but not a deal-breaker for such a high ROI.
🚩 Red Flags
low ceiling height, wooden building condition, land lease
Tags
📊 Comparable Properties (10 within 300m)
Avg: €2,291/m² — used for ROI calculation
