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€34,500

7.5/10

€1,150/m²

1
Rooms
30.0m²
Area
1/6
Floor

💰 ROI Analysis

Purchase price €34,500
Renovation cost (~€700/m²) €21,000
Total investment €55,500
Comp avg €/m² (15 listings within 500m) €2,060/m²
Projected sale (30.0m² × €2,060) €61,808
Estimated profit / ROI €6,308 / 11%

AI-estimated ROI: 27%

Details

Location Centrs, Ģertrūdes 91a
Building type P. kara
Published 18.02.2026 6d
📍 Location

Description

Продаю, год назад был сделан капитальный ремонт, со всей мебелью, отопление печное, есть газ , можно в кредитPilsēta:RīgaRajons:centrsIela:Ģertrūdes 91a[Karte]Istabas:1Platība:30 m²Stāvs:1/6Sērija:P. karaMājas tips:MūraCena:34 500 € (1 150 €/m²)

🤖 AI Analysis

23 Feb 2026
7.5
Deal Score
3
Reno Potential
27%
Est. ROI

📸 Photo Assessment

The interior photos show a recently renovated apartment with modern finishes, including light-colored walls, laminate flooring, and a tiled bathroom. The kitchen appears functional with basic appliances. The exterior of the building and the common hallway are in poor condition.

📋 Analyst Notes

This apartment is unusual for our investor as it appears to have been recently renovated. However, the purchase price of €34,500 for 30m² (an attractive €1,150/m²) means the projected ROI is quite good even with a minimal renovation budget for cosmetic improvements or simply selling as-is. The key challenge would be the unappealing building exterior and common areas, which might deter buyers. The investor should consider a quick flip with minor upgrades, or even no renovation if the current finish is acceptable to the market. The stove heating is also a drawback.

🚩 Red Flags

exterior building condition, common area condition, stove heating

Tags

move_in_ready ground_floor no_balcony centrs quiet_street period_building

📊 Comparable Properties (10 within 300m)

Avg: €2,179/m² — used for ROI calculation