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€399,000

2.5/10

€2,891/m²

5
Rooms
138.0m²
Area
6/7
Floor

💰 ROI Analysis

Purchase price €399,000
Renovation cost (~€700/m²) €96,600
Total investment €495,600
Comp avg €/m² (29 listings within 500m) €2,643/m²
Projected sale (138.0m² × €2,643) €364,798
Estimated profit / ROI €-130,802 / -26%

AI-estimated ROI: -25%

Details

Location Centrs, Rūpniecības 50
Building type Jaun.
Published 07.02.2026 17d
📍 Location

Description

Īpašnieks pārdod divstāvu penthausu ar pilnu apdari, dzīvoklis aizņem visu ēkas 6. un 7. stāvu. Ir iespēja iegādāties autostāvvietu un lielu terasi.Собственник продает двухэтажный пентхаус с полной отделкой, квартира занимает полностью 6-й и 7-й этаж здания. Есть возможность приобрести парковку и большую террасу.Pilsēta:RīgaRajons:centrsIela:Rūpniecības 50[Karte]Istabas:5Platība:138 m²Stāvs:6/7/liftsSērija:Jaun.Mājas tips:MūraĒrtības:BalkonsCena:399 000 € (2 891.30 €/m²)

🤖 AI Analysis

23 Feb 2026
2.5
Deal Score
2
Reno Potential
-25%
Est. ROI

📸 Photo Assessment

The apartment appears to be in very good, move-in-ready condition with modern finishes, including clean laminate flooring, painted walls, contemporary lighting, and an air conditioning unit. The kitchen and bathroom photos are missing, but the living areas suggest recent renovation. The balcony also looks well-maintained.

📋 Analyst Notes

This penthause apartment is described as having 'full finishing' and the photos corroborate a move-in ready condition. The investor's strategy is to renovate cheap apartments, and this one is already done, significantly reducing renovation ROI potential. Furthermore, the purchase price per m² (€2,891) is already higher than the average renovated sale price in the area (€2,643/m²), resulting in a negative estimated ROI of -25.2% even before considering renovation costs. Its size (138m²) also exceeds the investor's target range (35-115m²). This is not a suitable investment.

🚩 Red Flags

Overpriced based on comparable sales, already renovated, too large for target range

Tags

move_in_ready top_floor good_floor balcony centrs new_build good_natural_light

📊 Comparable Properties (10 within 300m)

Avg: €3,228/m² — used for ROI calculation