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€311,860

4.5/10

€3,088/m²

4
Rooms
101.0m²
Area
2/3
Floor

💰 ROI Analysis

Purchase price €311,860
Renovation cost (~€700/m²) €70,700
Total investment €382,560
Comp avg €/m² (5 listings within 500m) €2,960/m²
Projected sale (101.0m² × €2,960) €298,914
Estimated profit / ROI €-83,646 / -22%

AI-estimated ROI: -12%

Details

Location Centrs, Vāgnera 20
Building type Renov.
Published 20.02.2026 4d
📍 Location

Description

Dzīvoklis ar terasi renovētā ēkā.Plānojums:virtuve-viesistaba, 3 izolētas guļamistabas, no kurām vienai ir izeja uz terasi.Griestu augstums 2, 95 m.Apsaimniekošanas maksa ir 1, 30 eiro par m2, pārējā daļa tiek maksāta pēc skaitītāju rādījumiem, ieskaitot apkuri.Квартира с террасой в реновированном доме.Планировка:кухня-гостиная, 3 изолированные комнаты, у одной из которых есть выход на террасу.Высота потолков 2.95.Обслуживание 1, 30 евро за м2, остальная оплата по счетчикам, включая отопление.Pilsēta:RīgaRajons:centrsIela:Vāgnera 20[Karte]Istabas:4Platība:101 m²Stāvs:2/3Sērija:Renov.Mājas tips:MūraĒrtības:TeraseCena:311 860 € (3 087.72 €/m²)

🤖 AI Analysis

23 Feb 2026
4.5
Deal Score
5
Reno Potential
-12%
Est. ROI

📸 Photo Assessment

The apartment appears to be in a generally good, albeit somewhat dated, condition. The living room has carpeted floors and plain white walls. The kitchen is functional with light wood cabinetry and appliances, but could benefit from a modern refresh. Overall, the property is clean and well-maintained but lacks contemporary design.

📋 Analyst Notes

This apartment is located in a desirable Centrs district, and is in a renovated building. However, the current asking price of €3,088/m² is already above the average renovated market rate of €2,960/m². With an estimated renovation cost of €700/m², the projected ROI is negative, making this an unsuitable target for a renovation-focused investor aiming for high returns. It is not cheap enough to justify purchase even as a 'move-in-ready' option.

🚩 Red Flags

Negative ROI

Tags

no_balcony centrs period_building good_natural_light good_floor

📊 Comparable Properties (5 within 300m)

Avg: €2,959/m² — used for ROI calculation