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€349,000

1.7/10

€2,342/m²

4
Rooms
149.0m²
Area
3/6
Floor

📊 ROI Scenarios

6%
Conservative
Sell as-is
24%
Target
€700/m²
43%
Premium
€1200/m²

💰 ROI Analysis

Purchase price €349,000
Renovation cost (~€700/m²) €104,300
Total investment €453,300
Comp avg €/m² (7 listings within 500m) €3,788/m²
Projected sale (149.0m² × €3,788) €564,406
Estimated profit / ROI €111,106 / 25%

AI-estimated ROI: -12%

Details

Location Centrs, Raiņa bulv. 2
Building type Renov.
Published 07.02.2026 18d
🛗 Elevator 🚗 Parking 🌡️ Central heating
📍 Location

Description

Продается уютная и светлая 4-х комнатная квартира в престижном районе, в полностью реновированном доме. Дом расположен в парковой зоне, всего в 2 минутах ходьбы до Старого города через парк. Окна квартиры выходят в тихий двор. Высокие потолки. Деревянные стеклопакеты. Шесть французских балконов. Три изолированные спальни, одна из них с собственной ванной комнатой и гардеробной. Три ванные комнаты с теплыми полами. Просторная кухня со встроенной мебелью. Камин в гостиной. Радиаторы с термостатами, городское отопление с индивидуальным учётом тепла в квартире. Дом оснащен двумя современными лифтами. Платная стоянка по низкому тарифу через дорогу.Pārdod mājīgu un gaišu 4 istabu dzīvokli prestižā rajonā, pilnībā renovētā mājā. Māja atrodas parka zonā, tikai 2 minūšu gājiena attālumā no Vecrīgas caur parku. Dzīvokļa logi vērsti uz klusu iekšpagalmu. Augsti griesti. Koka stikla pakešu logi. Seši franču balkoni. Trīs atsevišķas guļamistabas, viena no tām ar savu vannas istabu un ģērbtuvi. Trīs vannas istabas ar apsildāmām grīdām. Plaša virtuve ar iebūvētām mēbelēm. Kamīns viesistabā. Radiatori ar termostatiem, pilsētas apkure ar individuālu siltuma skaitītāju dzīvoklī. Māja aprīkota ar diviem moderniem liftiem. Zema maksas autostāvvieta pāri ielai.For sale is a cozy and bright 4-room apartment in a prestigious area, in a completely renovated house. The house is located in a park area, just a 2-minute walk to the Old Town through the park. The apartment windows overlook a quiet courtyard. High ceilings. Wooden double-glazed windows. Six French balconies. Three separate bedrooms, one of them with its own bathroom and dressing room. Three bathrooms with heated floors. Spacious kitchen with built-in furniture. Fireplace in the living room. Radiators with thermostats, city heating with individual heat metering in the apartment. The house is equipped with two modern elevators. Low-rate paid parking across the road.Pilsēta:RīgaRajons:centrsIela:Raiņa bulv. 2[Karte]Istabas:4Platība:149 m²Stāvs:3/6Sērija:Renov.Mājas tips:MūraKadastra numurs:01009248139Cena:349 000 € (2 342.28 €/m²)

🤖 AI Analysis

25 Feb 2026
1.7
Deal Score
9
Reno Potential
-12%
Est. ROI

📸 Photo Assessment

The building exterior is a well-maintained, classic pre-war solid masonry facade, indicative of a quality historic building in Centrs. The entrance features a grand staircase leading to a solid wooden door, reflecting a prestige building. The overall structural condition appears excellent, having been fully renovated according to the description.

📋 Analyst Notes

This apartment is located in a fully renovated, high-quality pre-war building in Centrs with two modern elevators, making it an excellent candidate from a building quality and structural perspective. The floor is ideal (3rd of 6), and the size (149m²) is considered large, incurring a -1.5 to -2.0 score penalty. The primary issue is the current asking price of €2,342/m², which, even without renovation, is approaching the investor's target sale price of €2,500-€3,000/m². With a full premium renovation cost of €700/m², the total investment per square meter will be significantly above the comparable premium sale prices, resulting in a negative ROI. This listing is far too expensive for the investor's strategy given the renovation costs.

🚩 Red Flags

negative_roi,overpriced_for_renovation_target

Tags

solid_prewar historic_building premium_quality move_in_ready centrs elevator high_ceiling good_natural_light nice_entrance good_floor large_apartment parking

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📊 Comparable Properties (6 within 300m)

Avg: €3,779/m² — used for ROI calculation