€134,900

9.1/10

€1,823/m²

4

Rooms

74.0m²

Area

3/4

Floor

📊 ROI Scenarios

16%

Conservative

Sell as-is

36%

Target

€700/m²

57%

Premium

€1200/m²

💰 ROI Analysis

Purchase price €134,900

Renovation cost (~€700/m²) €51,800

Total investment €186,700

Comp avg €/m² (18 listings within 500m) €3,442/m²

Projected sale (74.0m² × €3,442) €254,699

Estimated profit / ROI €67,999 / 36%

AI-estimated ROI: 55%

Details

Location Centrs, Merķeļa 17/19

Building type Renov.

Published 04.02.2026 23d

🌡️ Central heating

View on SS.COM ↗

📍 Location

Description

4 istabu dzīvoklis pašā Rīgas centrā, Merķeļa ielā 17/19. Renovēts nams apvieno arhitektūras mantojumu ar mūsdienīgām ērtībām.Ielas un iekšpagalma fasādes un kāpņu telpas atjaunotas, saglabājot vēsturisko apdari. Slēgts un labiekārtots iekšpagalms.Jaunas komunikācijas ietver ūdens, kanalizācijas un apkures sistēmas ar individuāliem skaitītājiem, kā arī jaunu elektrību.Dzīvoklis ar sākotnējo apdari ļauj izveidot jūsu ideālo plānojumu. Sazinieties, lai uzzinātu vairāk vai vienotos par apskati.- - -For sale an apartment in Riga’s vibrant centre at Merķeļa iela 17/19. This renovated historical building blends classic architecture with modern comforts.Street and courtyard facades and staircases are restored, preserving the historical finish. Closed and landscaped courtyard.New utilities include water, sewer, and heating systems with individual meters, plus updated electrical wiring.The apartment comes with initial finishing, allowing you to create your ideal layout. Contact us for details or to arrange a viewing.- - -Продается квартира в центре Риги по адресу Меркеля 17/19. Отреставрированное историческое здание сочетает классическую архитектуру с современным комфортом.Уличный и дворовый фасады и лестничные клетки отреставрированы с сохранением исторической отделки. Закрытый и благоустроенный двор.Новые коммуникации включают водопровод, канализацию, отопление с индивидуальными счетчиками и электропроводку.Квартира с начальной отделкой позволяет создать идеальную планировку. Свяжитесь с нами для деталей или записи на просмотр.Pilsēta:RīgaRajons:centrsIela:Merķeļa 17/19[Karte]Istabas:4Platība:74 m²Stāvs:3/4Sērija:Renov.Mājas tips:MūraCena:134 900 € (1 822.97 €/m²)

🤖 AI Analysis

27 Feb 2026

9.1

Deal Score

9

Reno Potential

55%

Est. ROI

📸 Photo Assessment

The building features a well-maintained historic facade on Merķeļa street and a recently renovated interior courtyard with new lighting. The structure appears solid and in good condition, indicative of a quality pre-war masonry building. The entrance and staircases have been restored, preserving historical finishes.

📋 Analyst Notes

This apartment is in a prime Centrs location in a fully renovated pre-war building with new utilities. The building quality is excellent, representing the investor's target market. Located on the 3rd floor without an elevator, which is acceptable. The size of 74.0m² is ideal. The ROI is very strong at 55.48%, making this an attractive opportunity for a full premium renovation to sell at the top of the market. The 'sākotnējo apdari' (initial finish) confirms it's ready for a full gut renovation. The Davis feedback pattern match (91m², ~€109,875, ~€1,227/m²) is not met, but the deal is excellent regardless.