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€575,000

2.5/10

€3,485/m²

4
Rooms
165.0m²
Area
2/5
Floor

💰 ROI Analysis

Purchase price €575,000
Renovation cost (~€700/m²) €115,500
Total investment €690,500
Comp avg €/m² (18 listings within 500m) €3,198/m²
Projected sale (165.0m² × €3,198) €527,672
Estimated profit / ROI €-162,828 / -24%

AI-estimated ROI: -41%

Details

Location Centrs, Vīlandes 8
Building type Renov.
Published 04.02.2026 20d
📍 Location

Description

Vīlandes iela 8 viena no skaistākajām neoklasicisma ēkām Rīgas Klusajā centrā.Ēka celta 1913. gadā, pilnībā renovēta 2001. gadā, bet fasāde papildus atjaunota 2023. gadā, piešķirot namam vēl izteiktāku vēsturiskā šarma un mūsdienīgas elegances apvienojumu.Renovācijas gaitā atjaunoti vēsturiskie fasādes un interjera elementi, izbūvētas jaunas ieejas, uzstādīti lifti un restaurētas greznās kāpņu telpas. Nama iedzīvotāju ērtībai izbūvēts baseins, sauna un sporta zāle, kas nodrošina kluba tipa dzīves komfortu un privātumu.Piedāvājumā plašs un elegants dzīvoklis nama otrajā stāvā. Dzīvoklī funkcionāli izvietota viesistaba ar kamīnu, kas rada siltu un romantisku atmosfēru, atsevišķa virtuves telpa, divas izolētas guļamistabas, darba kabinets (ko iespējams pielāgot kā papildu guļamistabu) un divas vannas istabas un viesu wc.Ērtību nodrošina kondicionēšanas sistēma viesistabā un abās guļamistabās. Interjers veidots klasiskā stilā, pieturoties pie pārbaudītām vērtībām un harmoniskiem materiālu salikumiem.Dzīvokļa cenā iekļautas visas iebūvētās mēbeles, santehnika un virtuves iekārta.150 m no mājas pastāv iespēja iegādāties autosstāvvietu slēgtā ēkā - cena 40000 EUR.8 Vīlandes Street one of the most beautiful Neoclassical buildings in Riga’s Quiet Centre.The building was constructed in 1913, fully renovated in 2001, and the façade was additionally restored in 2023, giving the property an even more refined combination of historical charm and modern elegance.During the renovation, the historical façade and interior elements were carefully restored, new entrances were built, elevators installed, and the magnificent staircases renewed. For residents’ comfort, the building offers a swimming pool, sauna, and gym, ensuring the convenience and privacy of a club-type residence.The offer includes a spacious and elegant apartment located on the second floor of the building. The apartment features a living room with a fireplace that creates a warm and romantic atmosphere, a separate kitchen, two isolated bedrooms, a study (which can be adapted as an additional bedroom), two bathrooms, and a guest WC.Additional comfort is provided by an air-conditioning system installed in the living room and both bedrooms. The interior is designed in a classic style, emphasizing timeless elegance and harmonious materials.The apartment price includes all built-in furniture, sanitary equipment, and the kitchen unit.A parking space is available for purchase in a closed garage building located 150 meters from the house price EUR 40, 000.Pilsēta:RīgaRajons:centrsIela:Vīlandes 8[Karte]Istabas:4Platība:165 m²Stāvs:2/5/liftsSērija:Renov.Mājas tips:MūraĒrtības:PirtsCena:575 000 € (3 484.85 €/m²)

🤖 AI Analysis

23 Feb 2026
2.5
Deal Score
1
Reno Potential
-41%
Est. ROI

📸 Photo Assessment

The photos show a highly renovated apartment with elegant wood paneling, parquet flooring, ornate ceilings, and a fireplace. The overall condition appears excellent, suggesting a very recent and high-quality renovation, leaving little to no room for additional value-add through renovation.

📋 Analyst Notes

This apartment is far outside the investor's target area (165m² vs 35-115m²) and is already very well renovated to a high standard. The purchase price per square meter (€3,485/m²) is significantly higher than the average renovated comparable (€3,198/m²), indicating it's overpriced for a quick flip. Factoring in a renovation cost of €700/m² even for a light refresh, the estimated ROI is a substantial negative of -40.52%, making this an unsuitable investment for a renovation-focused strategy.

🚩 Red Flags

Area too large for investor target, already highly renovated, significantly overpriced compared to comps

Tags

move_in_ready high_ceiling good_floor no_balcony centrs period_building good_natural_light

📊 Comparable Properties (10 within 300m)

Avg: €2,979/m² — used for ROI calculation