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€109,000

1.7/10

€3,893/m²

1
Rooms
28.0m²
Area
4/6
Floor

💰 ROI Analysis

Purchase price €109,000
Renovation cost (~€700/m²) €19,600
Total investment €128,600
Comp avg €/m² (39 listings within 500m) €2,727/m²
Projected sale (28.0m² × €2,727) €76,354
Estimated profit / ROI €-52,246 / -41%

AI-estimated ROI: -62%

Details

Location Centrs, Birznieka-Upīša 20
Building type Jaun.
Published 05.02.2026 19d
📍 Location

Description

Dzīvoklis ar svaigu remontu loft stilā, 28 m², augsti griesti, ērta lokācija un centra priekšrocības, interjers, metāla ieejas durvis, lifts un koda atslēga kāpņu telpai, zemi komunālie maksājumi. Ēkai nesen veikta rekonstrukcija, fasādes un kāpņu atjaunošana.Lielisks investīciju īpašums.Ēkas pirmajā stāvā atrodas iecienīta kafejnīca, brokastīs rīta kafija un svaigi izceptas maizītes.Ir pieejami vairāki dzīvokļi šajā stāvā ar platību no 18-35 m².Ja ir interese iegādāties īpašumu, zvaniet vai rakstiet, sarunāsim apskates laiku.Mākleriem, lūgums, netraucēt.An apartment for sale in the city center, with everything you need within easy reach.The apartment has been recently renovated, 28 m² in size, with high ceilings, a convenient location and all the advantages of the city center. Loft-style interior, metal entrance door, elevator, and coded access to the stairwell, with low utility costs.The building has recently undergone reconstruction, including renovation of the facade and stairwell.An excellent investment property.On the ground floor of the building there is a popular café, offering morning coffee and freshly baked pastries for breakfast.Several apartments are available on this floor, with sizes ranging from 18 to 35 m².If you are interested in purchasing the property, please call or write to arrange a viewing.Pilsēta:RīgaRajons:centrsIela:Birznieka-Upīša 20[Karte]Istabas:1Platība:28 m²Stāvs:4/6/liftsSērija:Jaun.Mājas tips:MūraCena:109 000 € (3 892.86 €/m²)

🤖 AI Analysis

23 Feb 2026
1.7
Deal Score
1
Reno Potential
-62%
Est. ROI

📸 Photo Assessment

The apartment appears to be recently renovated in a modern, loft-style aesthetic. The kitchen and bathroom finishes are new and contemporary, and the overall condition is excellent, suggesting it is move-in ready.

📋 Analyst Notes

This apartment is already well-renovated with a modern 'loft style' finish, as stated in the description and confirmed by photos. At €3,893/m² for a 28m² unit, it is significantly above the local renovated average of €2,727/m². The projected ROI is a substantial negative (-62.37%), indicating this property is entirely unsuitable for a renovation-focused investor who buys cheap and adds value. It might be suitable for a different type of investor seeking a ready-to-rent unit, but not for this client.

🚩 Red Flags

Overpriced for market, no renovation potential for this investor, small unit size for ROI strategy

Tags

move_in_ready high_ceiling good_floor no_balcony centrs period_building good_natural_light

📊 Comparable Properties (10 within 300m)

Avg: €3,818/m² — used for ROI calculation