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€28,700

7.5/10

€611/m²

2
Rooms
47.0m²
Area
1/2
Floor

💰 ROI Analysis

Purchase price €28,700
Renovation cost (~€700/m²) €32,900
Total investment €61,600
Comp avg €/m² (21 listings within 500m) €1,943/m²
Projected sale (47.0m² × €1,943) €91,324
Estimated profit / ROI €29,724 / 48%

AI-estimated ROI: 55%

Details

Location Centrs, Matīsa 84
Building type P. kara
Published 10.02.2026 14d
📍 Location

Description

Pārdod dzīvokli Rīgas centrā – Matīsa ielāLieliska atrašanās vieta – viss nepieciešamais sasniedzams dažu minūšu attālumā.Dzīvoklim nepieciešams neliels kosmētiskais remonts, kas ļauj to pielāgot pēc saviem ieskatiem.Laba iespēja investīcijai vai dzīvošanai pilsētas centrā.Продается квартира в центре Риги – на улице Matisa.Отличное расположение – всё необходимое находится в нескольких минутах ходьбы.Квартира требует небольшого косметического ремонта, что позволяет оформить её по своему вкусу.Отличная возможность для инвестиций или проживания в центре города.Apartment for Sale in the Center of Riga – Matisa StreetExcellent location – everything you need is just a few minutes away.The apartment requires some minor cosmetic renovation, allowing you to customize it to your taste.A great opportunity for investment or living in the heart of the city.Pilsēta:RīgaRajons:centrsIela:Matīsa 84[Karte]Istabas:2Platība:47 m²Stāvs:1/2Sērija:P. karaMājas tips:KokaĒrtības:Parkošanas vietaCena:28 700 € (610.64 €/m²)

🤖 AI Analysis

23 Feb 2026
7.5
Deal Score
8
Reno Potential
55%
Est. ROI

📸 Photo Assessment

The apartment is in a dated, unrenovated condition, with visible signs of wear on floors, walls, and old kitchen/bathroom fixtures. It appears structurally sound but clearly requires a full renovation to meet modern standards. The ceramic stove feature adds a period character.

📋 Analyst Notes

This apartment presents a high ROI opportunity due to its very low purchase price (€611/m²) in a central location. Despite needing a full renovation, the estimated ROI of 55.48% is excellent. The historic period building in Centrs adds to its appeal for a post-renovation sale. The main renovation challenge would be modernizing utilities and potentially reconfiguring the layout.

🚩 Red Flags

old heating system (likely stove), dated electricals, requires full renovation

Tags

renovation ground_floor no_balcony centrs period_building good_natural_light

📊 Comparable Properties (10 within 300m)

Avg: €2,044/m² — used for ROI calculation