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Retail Property (high street) for sale

Latvia - Riga (City District), Riga

€680,000

like this property?

Call: 03339 390434

Commercial information:

  • Business for sale
  • 3,218 sq ft (299 sq m)

Key features:

  • People flow
  • City Center
  • Internet
  • TV
  • Heating

Full description:

For sale first floor commercial premise with total area 299,7 sq.m. with stable and real cashflow 6% return in a year, on Krisjana Barona and Stabu street intersection, monthly income 3299.60 EUR. Average lease cost is 10 Eur/sq.m, which can go higher.Stable lease tenants with lease term form three to forteen years. Lease agreements within a reasonable period it is possible to recede. All premise have large windows and separate entrances.

Excellent infrastructure, near are located public transportation stops, office buildings, car parkings, shopping centers, gym's, culture centres. The section between Lacplesa street and Stabu street is the moust active on Krisjana Barona street. Right now Rigas council is changing pavement on all Krisjana barona street which is going to provide even larger car and people flow and it will only increase the value on Barona street.

This pin shows the general area of the property as the exact location was not given

Nearest Airports*

  • Riga (International), 6.8 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
SMARTHOUSE LLC, LV

Rīga, Kartupeļu iela 47-66, LV-1058
03339 390434  Local call rate
About SMARTHOUSE LLC, LV

Company BaltEstate.eu provides professional real estate services in Latvia and Russia.

We offer our clients the following services:
– Assistance in real estate purchasing;
– Rent services of houses and apartments;
– Property management;
– Legal support and consultations during the process of the deal;
– Advice on obtaining a residence permit in Latvia;
– Consultancy for getting mortgage;
- No commission for the client;
- Full legal support;
- Organization of study tours for the potential customer;
- Possibility of organizing a study tour on the under construction objects.

The company Baltestate.eu has a complete database of all real estate objects in Latvia and Russia.
We are trying to make a buying, selling or renting process simple for you. With our online forms you can easily send us a request for individual property selection – for selling, buying or renting a real estate in Latvia.
Our company experts speaks English, Russian and Latvian languages. It means that we can easilly communicate with costumers and partners from different countries.

Property management services:
If a client does not plan to live in the bought property - our company offers
the following services for the property:
-Search tenants
-Control of tenants (regularly check the status of the real estate)
-Organization of cleaning, if necessary - repairs
-Interior solutions: colors, selection of furniture, appliances, and so on.
-And other necessary services.

Info about Latvian real estate market.
Latvia is the only country in Baltic states that offer residence permit for foreign real estate investors (for property that the market value of the facility is not less than EUR 250 000) This opportunity is quite popular to investors from non European union countries, specially from Russia and CIS countries . It means that if Latvian real estate owners in future decide to sell property, there will be more advantages and higher demand comparing to real estate from other Baltic countries.
Latvia have excellent transport communication between the countries of Europe, Russia and CIS. You can easily go with a plane from Riga to Moscow or London less than in 2 hours
Temperate climate.

Information about Russian real estate market.
Real estate market in Russia is rich in various options. We shall facilitate to remove all your doubts concerning buying or renting some property in Russian capital. Firstly, we should mention that the newly-erected buildings is really blooming.
Real estate in Russia abounds as well in sector of secondary properties: in restored pre-revolutionary, Stalin period and ministerial premises, including well-known skyscrapers which are acknowledged masterpieces amazing by their Empire style grandeur. Russian accomodation is of interest not only in renting but surely in buying and letting, as being a landlord you’ll be provided with a stable income source.
Our housing offers plenty of interesting options in the village settlements and in the suburbs: modern cottages with all conveniences, townhouses, cottages with spacious lots for barbeque, gardening and so on.
Our agency mostly has dealings with all types of transactions with luxury real estate in Moscow



Disclaimer

This is a property advertisement provided and maintained by SMARTHOUSE LLC, LV (reference 1819) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

SMARTHOUSE LLC, LV

Rīga, Kartupeļu iela 47-66, LV-1058
or call 03339 390434
Calling from outside the UK? 0037122058053

Spotted an error?

In order for us to help our agents maintain accurate and up-to-date information please inform the agent if you have noticed an error with this property. If you are the vendor, please contact your agent directly.