8 bedroom guest house for sale
Latvia - Riga Region, Baltezers
like this property?Call: 03339 390434
- Business for sale
- 7,534 sq ft (700 sq m)
- Water supply
lake and river just 30 min drive from Riga center. It consists of 4 guest houses and a
club house with fish restaurant and 4 rooms. Guest house complex has stable
income from both local and foreign tourists mainly during summer season. Complex
offers various water related activities.
The main hotel building has 4 rooms, restaurant and kitchen. Also on the lakeside there are 4 two-storey houses, each with bathroom, shower, kitchen, each can accommodate 4 people.
The main income: renting houses and rooms in short-term or long-term lease, a restaurant (with a unique fish cuisine), a variety of events from weddings, seminars, and memorial services in winter time, renting out boats.
Total area of buildings: 741, 9 m2 (673, 94 € / m2)
Club house: 501, 10 m2 (4 rooms each around 25, 00 m2)
Guest houses: 240, 80 m2 (4 houses each with 60, 20 m2)
Total area of land plot: 3 300 m2
Additional land plot of 8 512 m2 is rented till 2025 for 1 000 € / year
(optional for acquisition from government for € 207 000)
Yearly income: around € 100 000, 00NOI: around €50 000, 00 (10, 0%rentability)!
We provide full legal services regarding Residence Permit in Latvia!
Please contact for more information.
- Riga (International), 20 miles
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