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€300,000

2.5/10

€3,488/m²

3
Rooms
86.0m²
Area
2/4
Floor

💰 ROI Analysis

Purchase price €300,000
Renovation cost (~€700/m²) €60,200
Total investment €360,200
Comp avg €/m² (4 listings within 500m) €2,827/m²
Projected sale (86.0m² × €2,827) €243,151
Estimated profit / ROI €-117,049 / -32%

AI-estimated ROI: -40%

Details

Location Centrs, Teātra 7
Building type Jaun.
Published 20.02.2026 4d
📍 Location

Description

Tiek pārdots 3 istabu dzīvoklis projektā "Vāgnera Rezidence" Vecrīgā. Dzīvoklis atrodas jaunā ēkā un tiek piedāvāts ar pilnu apdari, mēbelētu un ar visu nepieciešamo sadzīves tehniku. Dzīvoklis aprīkots ar individuāliem siltuma, elektrības un ūdens skaitītājiem. Mājā ir lifts, kodēta ieeja ar videonovērošanu. Ērta atrašanās vieta – blakus Opera, kafejnīcas, veikali, parki.Продается трехкомнатная квартира в проекте Vāgnera Rezidence в Старой Риги. Квартира расположена в новом здании и предлагается с полной отделкой, мебелью и всей необходимой бытовой техникой. В квартире установлены индивидуальные счетчики тепла, электроэнергии и воды. В доме установлен лифт , вход на кодовом замке с видеонаблюдением. удобное расположение-рядом Оперный театр, кафе, магазины, парки.Pilsēta:RīgaRajons:centrsIela:Teātra 7[Karte]Istabas:3Platība:86 m²Stāvs:2/4/liftsSērija:Jaun.Mājas tips:ĶieģeļuCena:300 000 € (3 488.37 €/m²)

🤖 AI Analysis

23 Feb 2026
2.5
Deal Score
1
Reno Potential
-40%
Est. ROI

📸 Photo Assessment

The apartment appears to be in excellent, move-in-ready condition with modern finishes, hardwood floors, and a functional kitchen. It benefits from good natural light, suggesting recent renovation and maintenance.

📋 Analyst Notes

This apartment is fully renovated, furnished, and located in a new building in Vecrīga (Old Town). While the location is prime, the current asking price of €3,488/m² significantly exceeds the average renovated market rate of €2,827/m². The investor's strategy of buying cheap, renovating, and selling at market rate is not applicable here as the apartment is already renovated, and purchasing it would result in a substantial negative ROI of -40.35%. This is not a suitable investment for this profile.

🚩 Red Flags

overpriced for market, no renovation potential for target investor, comps indicate lower market rate

Tags

move_in_ready good_floor centrs new_build good_natural_light no_balcony

📊 Comparable Properties (4 within 300m)

Avg: €2,827/m² — used for ROI calculation