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€160,000

7.5/10

€2,462/m²

3
Rooms
65.0m²
Area
5/6
Floor

💰 ROI Analysis

Purchase price €160,000
Renovation cost (~€700/m²) €45,500
Total investment €205,500
Comp avg €/m² (23 listings within 500m) €2,159/m²
Projected sale (65.0m² × €2,159) €140,350
Estimated profit / ROI €-65,150 / -32%

AI-estimated ROI: -12%

Details

Location Centrs, Sadovņikova 29A
Building type Renov.
Published 01.02.2026 23d
📍 Location

Description

2-līmeņu mansardtipa dzīvoklis renovētā fasādes mājā.1. līmenī 30 kv. m. dzīvojamā istaba, kas apvienota ar virtuves un priekšnama zonām.6 kv. m. sanmezgls ar logu, 14 kv. m. guļamistaba ar vietu skapim.2. līmenī 12 kv. m. guļamistaba un 3 kv. m. kabineta zona.Gāzes apkure, slēgtā pagalmā var novietot auto.2-уровневая мансардная квартира в реконструированном фасадном доме. На 1-м уровне 30 кв. м. гостиная, объединенная с кухонной и прихожей зонами. 6 кв. м. с/узел с окном, 14 кв. м. спальня с местом для шкафа. На 2-м уровне 12 кв. м. спальня и 3 кв. м. кабинет. Газовое отопление, в закрытом дворе можно парковать автомобиль.Pilsēta:RīgaRajons:centrsIela:Sadovņikova 29a[Karte]Istabas:3Platība:65 m²Stāvs:5/6Sērija:Renov.Mājas tips:MūraCena:160 000 € (2 461.54 €/m²)

🤖 AI Analysis

23 Feb 2026
7.5
Deal Score
1
Reno Potential
-12%
Est. ROI

📸 Photo Assessment

The apartment is clearly a modern, recently renovated mansard-type unit with high-quality finishes, light wood flooring, and contemporary kitchen and living spaces. The design incorporates interesting angles and good natural light from large windows, typical for an attic conversion.

📋 Analyst Notes

This apartment is already well-renovated, presenting a 'move-in ready' condition with a modern aesthetic. While it doesn't offer renovation potential for our investor's typical strategy, its attractive current state at a competitive price for a renovated unit warrants consideration. However, the asking price of €2,462/m² significantly exceeds the local average for renovated apartments (€2,159/m²), leading to a projected negative ROI if purchased for the intended buy-renovate-sell model. The investor would need to consider this as a flip without further renovation, relying on a price increase or a higher sale price than comps suggest.

🚩 Red Flags

negative ROI based on current pricing and renovation costs

Tags

move_in_ready top_floor good_natural_light centrs parking period_building mansard_apartment

📊 Comparable Properties (10 within 300m)

Avg: €2,209/m² — used for ROI calculation