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€34,500

9.1/10

€704/m²

2
Rooms
49.0m²
Area
2/3
Floor

💰 ROI Analysis

Purchase price €34,500
Renovation cost (~€700/m²) €34,300
Total investment €68,800
Comp avg €/m² (35 listings within 500m) €2,438/m²
Projected sale (49.0m² × €2,438) €119,442
Estimated profit / ROI €50,642 / 74%

AI-estimated ROI: 149%

Details

Location Centrs, Katrīnas d. 24
Building type Staļina
Published 10.02.2026 14d
📍 Location

Description

Dzīvoklis klusā vietā ar plašu zaļo teritoriju pie mājas, vietu automašīnai. Dzīvokļu māju apsaimnieko biedrība, tādēļ komunālie maksājumi ir krietni lētāki, kā piemēram RNP apsaimniekotajās mājās blakus.Lūdzu zvanīt darba dienās līdz 19:00(epastus, sms, utt nelasu).Pilsēta:RīgaRajons:centrsIela:Katrīnas d. 24[Karte]Istabas:2Platība:49 m²Stāvs:2/3Sērija:StaļinaMājas tips:MūraĒrtības:Lodžija, Parkošanas vietaCena:34 500 € (704.08 €/m²)

🤖 AI Analysis

23 Feb 2026
9.1
Deal Score
9
Reno Potential
149%
Est. ROI

📸 Photo Assessment

The apartment is in very poor, unrenovated condition, requiring a full gut renovation. There are signs of peeling wallpaper, old flooring, exposed wiring, and general disrepair throughout, indicating it's an ideal blank canvas for a renovation project.

📋 Analyst Notes

This property presents an exceptional renovation ROI opportunity. The purchase price is very low, and the estimated renovation cost, while substantial, is dwarfed by the projected sale price in the Centrs district. The high ROI potential and desirable location make this a strong buy for a renovation-focused investor.

🚩 Red Flags

Extensive renovation needed, old electrical wiring

Tags

renovation high_ceiling good_floor centrs quiet_street period_building parking good_natural_light

📊 Comparable Properties (10 within 300m)

Avg: €1,921/m² — used for ROI calculation