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€205,000

4.5/10

€1,192/m²

6
Rooms
172.0m²
Area
2/5
Floor

📊 ROI Scenarios

44%
Conservative
Sell as-is
70%
Target
€700/m²
95%
Premium
€1200/m²

💰 ROI Analysis

Purchase price €205,000
Renovation cost (~€700/m²) €120,400
Total investment €325,400
Comp avg €/m² (27 listings within 500m) €3,210/m²
Projected sale (172.0m² × €3,210) €552,113
Estimated profit / ROI €226,713 / 70%

AI-estimated ROI: 12%

Details

Location Centrs, Martas 9
Building type P. kara
Published 04.02.2026 24d
🌡️ Central heating
📍 Location

Description

Pārdod 172, 2 kv. m. plašas biroja telpas Rīgas centrā, pagalma mājā Martas ielā 9. Īpašums viegli pārveidojams par dzīvokli, atrodas ēkas 2.stāvā.Plānojums paredz 5 izolētus kabinetus vai istabas, plašu caurstaigājamu zāli, san. mezglu un noliktavas telpu. Kabinetos izbūvēta kondicionēšanas sistēma, logi vērsti uz pagalmu. Griestu augstums telpā sasniedz 3, 05 m.Komunālie maksājumi vasaras sezonā sastāda 160 EUR mēnesī. Māju apsaimnieko AS Rīgas namu pārvaldnieks.Pilsēta:RīgaRajons:centrsIela:Martas 9[Karte]Istabas:6Platība:172 m²Stāvs:2/5Sērija:P. karaMājas tips:MūraCena:205 000 € (1 191.86 €/m²)

🤖 AI Analysis

27 Feb 2026
4.5
Deal Score
6
Reno Potential
12%
Est. ROI

📸 Photo Assessment

The building is a pre-war masonry structure located in a courtyard, which suggests a quieter setting. The facade appears well-maintained, but the overall exterior is utilitarian and lacks the grand aesthetic of some premium Centrs buildings. The entrance is basic, not signaling a prestige building.

📋 Analyst Notes

This property is currently configured as office space but is advertised as easily convertible to an apartment. The pre-war masonry construction is generally good for renovation. However, the large size (172m²) falls outside the ideal range, incurring a penalty. The lack of an elevator for a 5-story building, while the apartment is on floor 2, is acceptable but not ideal for future tenants on higher floors. The primary concern is its current commercial use; converting it back to residential may involve additional costs and approvals. The ROI, while positive, is not in the top tier.

🚩 Red Flags

commercial_space_listed_as_residential

Tags

solid_prewar renovation_needed centrs quiet_street no_balcony high_ceiling large_apartment

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📊 Comparable Properties (10 within 300m)

Avg: €3,105/m² — used for ROI calculation