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€205,000

1.0/10

€1,192/m²

6
Rooms
172.0m²
Area
2/5
Floor

📊 ROI Scenarios

46%
Conservative
Sell as-is
71%
Target
€700/m²
97%
Premium
€1200/m²

💰 ROI Analysis

Purchase price €205,000
Renovation cost (~€700/m²) €120,400
Total investment €325,400
Comp avg €/m² (29 listings within 500m) €3,242/m²
Projected sale (172.0m² × €3,242) €557,558
Estimated profit / ROI €232,158 / 71%

AI-estimated ROI: -12%

Details

Location Centrs, Martas 9
Building type P. kara
Published 04.02.2026 22d
🌡️ Central heating
📍 Location

Description

Pārdod 172, 2 kv. m. plašas biroja telpas Rīgas centrā, pagalma mājā Martas ielā 9. Īpašums viegli pārveidojams par dzīvokli, atrodas ēkas 2.stāvā.Plānojums paredz 5 izolētus kabinetus vai istabas, plašu caurstaigājamu zāli, san. mezglu un noliktavas telpu. Kabinetos izbūvēta kondicionēšanas sistēma, logi vērsti uz pagalmu. Griestu augstums telpā sasniedz 3, 05 m.Komunālie maksājumi vasaras sezonā sastāda 160 EUR mēnesī. Māju apsaimnieko AS Rīgas namu pārvaldnieks.Pilsēta:RīgaRajons:centrsIela:Martas 9[Karte]Istabas:6Platība:172 m²Stāvs:2/5Sērija:P. karaMājas tips:MūraCena:205 000 € (1 191.86 €/m²)

🤖 AI Analysis

26 Feb 2026
1.0
Deal Score
6
Reno Potential
-12%
Est. ROI

📸 Photo Assessment

The building is a pre-war masonry structure located in the Centrs district. The exterior facades appear to be in average to good condition, consistent with a well-maintained historic building. The entrance to the courtyard building seems functional, though not particularly grand. The overall structure appears sound.

📋 Analyst Notes

This property is explicitly listed as office space ('biroja telpas') with a note that it's 'easily convertible into an apartment'. The investor strategy specifically targets residential apartments, not conversions from commercial. This is a hard disqualifier, setting the deal score to 2 or below. The size (172m²) is also outside the ideal range, incurring a penalty. While the building type is solid pre-war masonry and the location is good, the primary use as office space disqualifies it. The ROI calculation also shows a negative return given the high renovation cost for such a large space and the current asking price.

🚩 Red Flags

commercial/office space listed as residential, large_apartment

Tags

solid_prewar renovation_needed centrs high_ceiling large_apartment

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📊 Comparable Properties (10 within 300m)

Avg: €3,309/m² — used for ROI calculation