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€140,000

1.7/10

€4,000/m²

2
Rooms
35.0m²
Area
2/4
Floor

💰 ROI Analysis

Purchase price €140,000
Renovation cost (~€700/m²) €24,500
Total investment €164,500
Comp avg €/m² (31 listings within 500m) €2,589/m²
Projected sale (35.0m² × €2,589) €90,628
Estimated profit / ROI €-73,872 / -45%

AI-estimated ROI: -60%

Details

Location Centrs, Rūpniecības 48
Building type Jaun.
Published 16.02.2026 8d
📍 Location

Description

Īpašnieks pārdod dzīvoklis ar pilnu apdari. Ir iespēja iegādāties autostāvvietu.Собственник продает квартиру с полной отделкой. Есть возможность приобрести парковку.Pilsēta:RīgaRajons:centrsIela:Rūpniecības 48[Karte]Istabas:2Platība:35 m²Stāvs:2/4Sērija:Jaun.Mājas tips:MūraCena:140 000 € (4 000 €/m²)

🤖 AI Analysis

23 Feb 2026
1.7
Deal Score
1
Reno Potential
-60%
Est. ROI

📸 Photo Assessment

The apartment appears to be recently renovated with a modern, neutral aesthetic. It features new laminate flooring, painted walls, new interior doors, and modern windows. The tiled area (likely kitchen/bathroom prep) is also new.

📋 Analyst Notes

This apartment is already fully renovated with a modern finish, as indicated by the description and photos. While appealing, this eliminates the core investment strategy of buying cheap and renovating. The purchase price of €4,000/m² significantly exceeds the renovated market average of €2,589/m², resulting in a substantial negative ROI, making it unsuitable for this investor.

🚩 Red Flags

Overpriced for current market, no renovation potential for investor's model

Tags

move_in_ready good_floor no_balcony centrs new_build good_natural_light parking

📊 Comparable Properties (10 within 300m)

Avg: €3,215/m² — used for ROI calculation