€134,900

9.2/10

€1,823/m²

4

Rooms

74.0m²

Area

3/4

Floor

📊 ROI Scenarios

17%

Conservative

Sell as-is

38%

Target

€700/m²

59%

Premium

€1200/m²

💰 ROI Analysis

Purchase price €134,900

Renovation cost (~€700/m²) €51,800

Total investment €186,700

Comp avg €/m² (16 listings within 500m) €3,481/m²

Projected sale (74.0m² × €3,481) €257,590

Estimated profit / ROI €70,890 / 38%

AI-estimated ROI: 81%

Details

Location Centrs, Merķeļa 17/19

Building type Renov.

Published 04.02.2026 22d

🌡️ Central heating

View on SS.COM ↗

📍 Location

Description

4 istabu dzīvoklis pašā Rīgas centrā, Merķeļa ielā 17/19. Renovēts nams apvieno arhitektūras mantojumu ar mūsdienīgām ērtībām.Ielas un iekšpagalma fasādes un kāpņu telpas atjaunotas, saglabājot vēsturisko apdari. Slēgts un labiekārtots iekšpagalms.Jaunas komunikācijas ietver ūdens, kanalizācijas un apkures sistēmas ar individuāliem skaitītājiem, kā arī jaunu elektrību.Dzīvoklis ar sākotnējo apdari ļauj izveidot jūsu ideālo plānojumu. Sazinieties, lai uzzinātu vairāk vai vienotos par apskati.- - -For sale an apartment in Riga’s vibrant centre at Merķeļa iela 17/19. This renovated historical building blends classic architecture with modern comforts.Street and courtyard facades and staircases are restored, preserving the historical finish. Closed and landscaped courtyard.New utilities include water, sewer, and heating systems with individual meters, plus updated electrical wiring.The apartment comes with initial finishing, allowing you to create your ideal layout. Contact us for details or to arrange a viewing.- - -Продается квартира в центре Риги по адресу Меркеля 17/19. Отреставрированное историческое здание сочетает классическую архитектуру с современным комфортом.Уличный и дворовый фасады и лестничные клетки отреставрированы с сохранением исторической отделки. Закрытый и благоустроенный двор.Новые коммуникации включают водопровод, канализацию, отопление с индивидуальными счетчиками и электропроводку.Квартира с начальной отделкой позволяет создать идеальную планировку. Свяжитесь с нами для деталей или записи на просмотр.Pilsēta:RīgaRajons:centrsIela:Merķeļa 17/19[Karte]Istabas:4Platība:74 m²Stāvs:3/4Sērija:Renov.Mājas tips:MūraCena:134 900 € (1 822.97 €/m²)

🤖 AI Analysis

26 Feb 2026

9.2

Deal Score

9

Reno Potential

81%

Est. ROI

📸 Photo Assessment

The building features a well-maintained historic facade and a recently renovated, clean interior courtyard, indicating a solid pre-war structure that has undergone significant updates to its common areas and utilities. The overall structural condition appears very good, consistent with a prestige building in Centrs.

📋 Analyst Notes

This apartment is in a prime Centrs location within a renovated historical building, which aligns perfectly with the investor's strategy for premium renovations. The building's recent common area and utility updates reduce overall project risk. The 3rd floor without an elevator is acceptable. The ROI is excellent at over 80%, driven by a relatively low purchase price and strong comparable sales data. Davis' feedback for similar listings (91m², ~€109,875, ~€1,227/m²) shows this listing is higher in price/m² than the high-value pattern, but the overall strong ROI outweighs this.