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€85,000

4.5/10

€1,977/m²

2
Rooms
43.0m²
Area
2/5
Floor

📊 ROI Scenarios

-7%
Conservative
Sell as-is
10%
Target
€700/m²
26%
Premium
€1200/m²

💰 ROI Analysis

Purchase price €85,000
Renovation cost (~€700/m²) €30,100
Total investment €115,100
Comp avg €/m² (6 listings within 500m) €2,931/m²
Projected sale (43.0m² × €2,931) €126,041
Estimated profit / ROI €10,941 / 10%

AI-estimated ROI: 1%

Details

Location Centrs, Ģertrūdes 83
Building type Hrušč.
Published 08.02.2026 18d
🌡️ Central heating
📍 Location

Description

Pašā Rīgas sirdī ar kamīnu un parkošanās vietu kluss ar labiem kaimiňiem.Pilsēta:RīgaRajons:centrsIela:Ģertrūdes 83[Karte]Istabas:2Platība:43 m²Stāvs:2/5Sērija:Hrušč.Mājas tips:MūraKadastra numurs:01009951863Ērtības:Parkošanas vietaCena:85 000 € (1 976.74 €/m²)

🤖 AI Analysis

26 Feb 2026
4.5
Deal Score
5
Reno Potential
1%
Est. ROI

📸 Photo Assessment

The available photos primarily show the apartment's interior, which appears to be in reasonable condition, but the investor strategy dictates a full renovation. No exterior or common area photos are provided to assess the building's structural quality or overall condition. The building is listed as 'Hrušč.' (Khrushchev-era), indicating it's likely a panel or brick apartment building from the Soviet era.

📋 Analyst Notes

The apartment is a 'Hrušč.' type, which generally signals an average-quality Soviet-era building. While the location on Ģertrūdes street in Centrs is desirable, the building type and small size (43m²) are not ideal for premium renovation. The ROI is very low at 1.25%, making this an unattractive investment despite the relatively good price per m² before renovation. Davis' feedback patterns show a preference for larger units, reinforcing the size penalty here.

🚩 Red Flags

Davis feedback mismatch, small_apartment

Tags

soviet_panel renovation_needed centrs no_balcony small_apartment floor_penalty_no_lift

✍️ Your Feedback

📊 Comparable Properties (10 within 300m)

Avg: €1,667/m² — used for ROI calculation