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€140,000

7.3/10

€2,000/m²

3
Rooms
70.0m²
Area
4/6
Floor

💰 ROI Analysis

Purchase price €140,000
Renovation cost (~€700/m²) €49,000
Total investment €189,000
Comp avg €/m² (35 listings within 500m) €3,096/m²
Projected sale (70.0m² × €3,096) €216,705
Estimated profit / ROI €27,705 / 15%

AI-estimated ROI: 23%

Details

Location Centrs, Skolas 34
Building type Specpr.
Published 09.02.2026 15d
📍 Location

Description

Предлагается к продаже тихая теплая квартира в самом центре Риги. Кирпичный дом, лифт, Чистый ухоженный подъездPārdod klusa, silta dzīvoklis pašā Rīgas centrā. Ķieģeļu māja, lifts, tīra, kopta ieejaFor sale Quiet, warm apartment in the very center of Riga. Brick building, elevator, clean, well-maintained entrancePilsēta:RīgaRajons:centrsIela:Skolas 34[Karte]Istabas:3Platība:70 m²Stāvs:4/6/liftsSērija:Specpr.Mājas tips:ĶieģeļuCena:140 000 € (2 000 €/m²)

🤖 AI Analysis

23 Feb 2026
7.3
Deal Score
8
Reno Potential
23%
Est. ROI

📸 Photo Assessment

The apartment is currently in a dated but livable condition, featuring older wallpaper, simple laminate flooring, and basic kitchen cabinetry. While not dilapidated, it clearly requires a full modern renovation to meet contemporary standards and maximize market value.

📋 Analyst Notes

This apartment presents a solid renovation ROI opportunity. Located on a good floor (4/6) in Riga Centrs, the purchase price of €2,000/m² is attractive given the €3,096/m² average for renovated comps. The projected ROI of 22.84% is well within the investor's target, indicating strong potential for profit after a quality renovation. The property is not a basement or commercial space.

Tags

renovation good_floor no_balcony centrs period_building good_natural_light

📊 Comparable Properties (10 within 300m)

Avg: €2,664/m² — used for ROI calculation