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€108,900

1.0/10

€1,980/m²

3
Rooms
55.0m²
Area
4/4
Floor

📊 ROI Scenarios

9%
Conservative
Sell as-is
28%
Target
€700/m²
48%
Premium
€1200/m²

💰 ROI Analysis

Purchase price €108,900
Renovation cost (~€700/m²) €38,500
Total investment €147,400
Comp avg €/m² (18 listings within 500m) €3,442/m²
Projected sale (55.0m² × €3,442) €189,303
Estimated profit / ROI €41,903 / 28%

Details

Location Centrs, Merķeļa 17/19
Building type Renov.
Published 04.02.2026 23d
🌡️ Central heating
📍 Location

Description

3 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. Atsevišķi vienojoties iespējama dzīvokļa remonta veikšana.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. Additional repairs to the apartment are possible by agreement.Contact us for details or to arrange a viewing.- - -Квартира на продажу по адресу Меркеля 17/19, центр РигиПродается 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 продуманной планировкой и серой отделкой, все коммуникации уже заменены. По договоренности возможен дополнительный ремонт квартиры.Свяжитесь с нами, чтобы узнать больше или договориться о просмотре.Pilsēta:RīgaRajons:centrsIela:Merķeļa 17/19[Karte]Istabas:3Platība:55 m²Stāvs:4/4Sērija:Renov.Mājas tips:MūraCena:108 900 € (1 980 €/m²)

🤖 AI Analysis

27 Feb 2026
1.0
Deal Score
8
Reno Potential

📸 Photo Assessment

The building appears to be a solid pre-war masonry structure with a renovated facade and staircase, typical of Centrs architecture. The description explicitly mentions restored street and courtyard facades and staircases, indicating a well-maintained historic building. The interior photos show an apartment in need of full renovation, which aligns with the investor's strategy.

📋 Analyst Notes

This apartment is located on the 4th floor of a 4-story building, and the listing explicitly states there is no elevator. This is a hard disqualifier for the investor's strategy, as floor 4 or higher without an elevator is unacceptable. Despite being in a good location in Centrs and a desirable building type (renovated historic pre-war), the floor-elevator combination makes this deal unviable. Therefore, the deal score is set to the minimum due to this hard disqualifier.

🚩 Red Flags

floor 4 without elevator

Tags

solid_prewar historic_building renovation_needed centrs no_balcony floor_penalty_no_lift

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📊 Comparable Properties (10 within 300m)

Avg: €3,657/m² — used for ROI calculation