€25,000

7.5/10

€893/m²

1

Rooms

28.0m²

Area

2/2

Floor

💰 ROI Analysis

Purchase price €25,000

Renovation cost (~€700/m²) €19,600

Total investment €44,600

Comp avg €/m² (11 listings within 500m) €3,127/m²

Projected sale (28.0m² × €3,127) €87,568

Estimated profit / ROI €42,968 / 96%

AI-estimated ROI: 196%

Details

Location Centrs, Jēkaba 25

Building type P. kara

Published 27.01.2026 29d

View on SS.COM ↗

📍 Location

Description

Tiek pardots 1-istabas dzivoklis Jersikas iela Nr. 25Pilsēta:RīgaRajons:centrsIela:Jēkaba 25[Karte]Istabas:1Platība:28 m²Stāvs:2/2Sērija:P. karaMājas tips:KokaKadastra numurs:01009138796Cena:25 000 € (892.86 €/m²)

🤖 AI Analysis

23 Feb 2026

7.5

Deal Score

9

Reno Potential

196%

Est. ROI

📸 Photo Assessment

The photo shows the exterior of a pre-war wooden building in need of significant renovation. The facade appears worn, and the foundation needs attention. The surrounding area has a cobbled street, suggesting an older, possibly historic, part of the city.

📋 Analyst Notes

This apartment offers exceptional renovation ROI potential due to its extremely low purchase price (€893/m²) compared to renovated comps. While a wooden pre-war building presents renovation challenges and risks, the 'Centrs' location and high potential profit margin make this a very attractive target for a renovation-focused investor. The second-floor location is favorable, avoiding ground-floor damp concerns and top-floor roof issues, assuming the roof is well maintained.