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€85,000

5.4/10

€1,977/m²

2
Rooms
43.0m²
Area
2/5
Floor

📊 ROI Scenarios

-5%
Conservative
Sell as-is
12%
Target
€700/m²
29%
Premium
€1200/m²

💰 ROI Analysis

Purchase price €85,000
Renovation cost (~€700/m²) €30,100
Total investment €115,100
Comp avg €/m² (5 listings within 500m) €2,995/m²
Projected sale (43.0m² × €2,995) €128,772
Estimated profit / ROI €13,672 / 12%

AI-estimated ROI: 20%

Details

Location Centrs, Ģertrūdes 83
Building type Hrušč.
Published 08.02.2026 19d
🌡️ Central heating
📍 Location

Description

Pašā Rīgas sirdī ar kamīnu un parkošanās vietu kluss ar labiem kaimiňiem.Pilsēta:RīgaRajons:centrsIela:Ģertrūdes 83[Karte]Istabas:2Platība:43 m²Stāvs:2/5Sērija:Hrušč.Mājas tips:MūraKadastra numurs:01009951863Ērtības:Parkošanas vietaCena:85 000 € (1 976.74 €/m²)

🤖 AI Analysis

27 Feb 2026
5.4
Deal Score
6
Reno Potential
20%
Est. ROI

📸 Photo Assessment

Interior photos show an outdated, but generally well-maintained apartment with a fireplace. No exterior or building common area photos are provided, making a full assessment of the building's structural quality difficult. However, its 'Hrušč.' classification and Centrs location suggest a solid, if potentially visually unappealing, masonry structure.

📋 Analyst Notes

This apartment is located on the 2nd floor of a 5-story Hruščovka building in Centrs. The absence of an elevator for a 5-story building isn't ideal for premium buyers, but the apartment itself is on the 2nd floor which is acceptable. The size (43m²) is below the ideal range, incurring a minor penalty. While Hruščovkas are not ideal, being a masonry type 'Hrušč.' in Centrs suggests a relatively solid structure that can withstand a premium renovation. The ROI is acceptable at nearly 20%, but the 'Hrušč.' building type slightly limits the top-tier premium market appeal compared to pre-war solid masonry.

Tags

solid_prewar renovation_needed centrs parking no_balcony small_apartment good_floor

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📊 Comparable Properties (10 within 300m)

Avg: €1,956/m² — used for ROI calculation