← Back

€296,000

1.0/10

€1,987/m²

4
Rooms
149.0m²
Area
4/6
Floor

📊 ROI Scenarios

11%
Conservative
Sell as-is
31%
Target
€700/m²
50%
Premium
€1200/m²

💰 ROI Analysis

Purchase price €296,000
Renovation cost (~€700/m²) €104,300
Total investment €400,300
Comp avg €/m² (8 listings within 500m) €3,515/m²
Projected sale (149.0m² × €3,515) €523,681
Estimated profit / ROI €123,381 / 31%

Details

Location Centrs, Raiņa bulv. 3
Building type Renov.
Published 03.02.2026 23d
🔥 Local heating
📍 Location

Description

Divus kādreiz apvienotos dzīvokļus 4. un 5. stāvā pēc vēlēšanās var sadalīt 2 trīs istabu dzīvokļos katrs 70 m2.Gāzes apkure (katrā stāvā savs apkures katls), 4 izolētas istabas, 2 sanmezgli, sauna.2 объединенные квартиры на 4 и 5 этажах, при желании можно разделить на 2 двух (3-) комнатные квартиры по 70 м2 каждая.Газовое отопление (на каждом этаже свой котел), 4 изолированные комнаты, 2 санузла, сауна.Pilsēta:RīgaRajons:centrsIela:Raiņa bulv. 3[Karte]Istabas:4Platība:149 m²Stāvs:4/6Sērija:Renov.Mājas tips:MūraCena:296 000 € (1 986.58 €/m²)

🤖 AI Analysis

26 Feb 2026
1.0
Deal Score
9
Reno Potential

📸 Photo Assessment

The building exterior appears to be a well-maintained, classic pre-war masonry structure typical of Centrs, with decorative facades. The entrance is not visible, but the overall street view suggests a prestige building. There are no signs of structural dilapidation.

📋 Analyst Notes

This listing is a hard disqualifier due to being on the 4th floor of a 6-storey building without an elevator. The investor strategy explicitly disqualifies floors 4 or higher without an elevator. While the building type (masonry in Centrs) is excellent and ideal for premium renovation, the floor constraint makes it unsuitable. The large size (149m²) also incurs a penalty, further reducing its appeal. The apartment is actually two combined units on the 4th and 5th floors, making the elevator issue even more pronounced for the 5th floor portion, if considered as one unit. Despite a good location and building quality, this is not a viable option for the investor.

🚩 Red Flags

floor 4 without elevator, large apartment, no elevator

Tags

solid_prewar historic_building renovation_needed centrs large_apartment floor_penalty_no_lift

✍️ Your Feedback

📊 Comparable Properties (6 within 300m)

Avg: €3,434/m² — used for ROI calculation