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€73,000

3.4/10

€1,973/m²

1
Rooms
37.0m²
Area
5/5
Floor

💰 ROI Analysis

Purchase price €73,000
Renovation cost (~€700/m²) €25,900
Total investment €98,900
Comp avg €/m² (7 listings within 500m) €1,702/m²
Projected sale (37.0m² × €1,702) €62,984
Estimated profit / ROI €-35,916 / -36%

AI-estimated ROI: -20%

Details

Location Centrs, Riepnieku 4
Building type Staļina
Published 02.02.2026 22d
📍 Location

Description

Pārdod gaišu vienistabas dzīvokli Rīgas centrā- Riepnieku ielā.Dzīvoklim ir veikts kosmētiskais remonts un tur neviens nav dzīvojis. Dzīvoklim ir centrālās apkures un ūdens pieslēgums, augstie griesti.Iekšpagalmā iespēja novietot automašīnu koplietošanas stāvvietā.300 metru gājienā ir - centrāltirgus, autoosta un dzelzceļa stacija, tirdzniecības centrs Origa, kinoteātris.Tikko pēc kapitālā remonta un neviens nav dzīvojis pēc remonta.Продается светлая однокомнатная квартира в центре Риги на улице Риепниеку.В квартире сделан косметический ремонт. В квартире центральное отопление и водопровод, высокие потолки.Во дворе можно оставить машину на общей парковке.В 300 метрах ходьбы находится центральный рынок, автовокзал и железнодорожный вокзал, торговый центр Оригo, кинотеатр.После ремонта никто не жил в квартире.Bright one-room apartment for sale in the center of Riga - Riepnieku street.The apartment has undergone cosmetic repairs and no one has lived there. The apartment has central heating and water connection, high ceilings.In the courtyard, it is possible to park a car in a shared parking lot.Within a 300-meter walk is the central market, bus station and railway station, shopping center Origa, cinema.Pilsēta:RīgaRajons:centrsIela:Riepnieku 4[Karte]Istabas:1Platība:37 m²Stāvs:5/5Sērija:StaļinaMājas tips:MūraĒrtības:Parkošanas vietaCena:73 000 € (1 972.97 €/m²)

🤖 AI Analysis

23 Feb 2026
3.4
Deal Score
1
Reno Potential
-20%
Est. ROI

📸 Photo Assessment

The apartment appears to be in very good condition, having recently undergone a cosmetic renovation. The finishes look clean and modern, with light colors, laminate flooring, and a well-maintained bathroom. It seems move-in ready.

📋 Analyst Notes

This apartment has recently undergone a cosmetic renovation and is presented as move-in ready. However, the asking price of €1,973/m² is significantly higher than the average renovated comparable price of €1,702/m². This leads to a negative estimated ROI, making it unsuitable for a renovation-focused investor looking to buy cheap and add value. While the apartment is in good condition, it offers no renovation ROI potential at this price point.

🚩 Red Flags

Overpriced for its renovated condition relative to local comps

Tags

move_in_ready high_ceiling top_floor no_balcony centrs parking period_building good_natural_light

📊 Comparable Properties (9 within 300m)

Avg: €1,658/m² — used for ROI calculation