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€70,000

1.5/10

€343/m²

1
Rooms
204.0m²
Area
6/6
Floor

📊 ROI Scenarios

109%
Conservative
Sell as-is
145%
Target
€700/m²
182%
Premium
€1200/m²

💰 ROI Analysis

Purchase price €70,000
Renovation cost (~€700/m²) €142,800
Total investment €212,800
Comp avg €/m² (5 listings within 500m) €2,560/m²
Projected sale (204.0m² × €2,560) €522,303
Estimated profit / ROI €309,503 / 145%

AI-estimated ROI: -119%

Details

Location Centrs, Valdemāra 79/81
Building type Staļina
Published 09.02.2026 17d
🚗 Parking 🌡️ Central heating
📍 Location

Description

Piedāvājam iegādāties dzīvokli - mākslinieku darbnīcu Rīgas centrā, Krišjāņa Valdemāra ielā 79/81. Īpašums atrodas dzīvojamās ēkas sestajā (bēniņu) stāvā un tam ir atsevišķs kadastra numurs.Telpu kopējā platība ir 203, 8 m² un griestu augstums 2, 3 metri. Ieeja iespējama no divām kāpņu telpām, kas nodrošina ērtāku piekļuvi un sniedz iespējas funkcionālai telpu sadalei vai pārplānošanai.Ēkas iekšpagalmā stāvvieta tikai ar iedzīvotāju atļaujām.Pēc nepieciešamības palīdzam mūsu klientiem ar izdevīgāko hipotekārā kredīta noformēšanu, kā arī piedāvājam sertificēta vērtētāja pakalpojumus.Pilns juridisks atbalsts līdz pat atslēgu nodošanai jaunajiem īpašniekiem.Zvaniet vai rakstiet, lai vienotos par Jums ērtāko īpašuma apskates laiku.We offer for sale an apartment - artist’s studio located in the center of Riga, at 79/81 Krišjāņa Valdemāra Street. The property is situated on the sixth (attic) floor of a residential building and has a separate cadastral number.The total area of the premises is 203.8 m², with a ceiling height of 2.3 meters. Access is possible from two separate staircases, providing convenient entry and allowing for functional space division or reconfiguration.Parking in the building’s inner courtyard is available by residents’ permits only.If required, we assist our clients with arranging mortgage financing on favorable terms, and we also offer the services of a certified property valuer.Full legal support throughout the transaction is provided, up to the handover of keys to the new owners.Please call or write to arrange a viewing at a time convenient for you.Предлагаем к приобретению квартиру - художественную мастерскую в центре Риги, по адресу ул. Кришьяня Валдемара 79/81. Объект расположен на шестом (мансардном) этаже жилого дома и имеет отдельный кадастровый номер.Общая площадь помещений составляет 203, 8 м², высота потолков 2, 3 метра. Вход возможен из двух лестничных клеток, что обеспечивает более удобный доступ и предоставляет возможности для функционального зонирования или перепланировки помещений.Парковка во внутреннем дворе здания только по разрешениям для жителей.При необходимости помогаем нашим клиентам с оформлением ипотечного кредита на наиболее выгодных условиях, а также предлагаем услуги сертифицированного оценщика.Полное юридическое сопровождение сделки, до момента передачи ключей новым владельцам.Звоните или пишите, чтобы договориться о наиболее удобном для вас времени просмотра объекта.Pilsēta:RīgaRajons:centrsIela:Valdemāra 79/81[Karte]Istabas:1Platība:204 m²Stāvs:6/6Sērija:StaļinaMājas tips:ĶieģeļuCena:70 000 € (343.14 €/m²)

🤖 AI Analysis

26 Feb 2026
1.5
Deal Score
6
Reno Potential
-119%
Est. ROI

📸 Photo Assessment

The building appears to be a solid pre-war or Stalinist-era masonry structure, typical of Centrs. The exterior facade looks well-maintained, suggesting a respectable building. However, the interior photos show the apartment is in the attic space, which is currently a raw, unfinished artist's studio, implying significant structural work needed for residential conversion.

📋 Analyst Notes

This property is a large attic space (204m²) on the 6th floor of a Stalinist-era building in Centrs. Crucially, there is no elevator, which is a hard disqualifier for any floor above 3. The current state is an artist's studio, requiring extensive conversion and renovation, which aligns with the investor's strategy but the lack of an elevator makes it unfeasible. The ROI is significantly negative due to the high renovation cost for such a large space combined with the purchase price, despite a relatively low price per m² for the raw space. The complexity and cost of converting an attic to a premium apartment, coupled with the elevator issue, makes this unsuitable.

🚩 Red Flags

floor 4 or higher without an elevator, large apartment, attic conversion complexity

Tags

stalinist_era renovation_needed poor_condition_building centrs large_apartment floor_penalty_no_lift parking

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📊 Comparable Properties (4 within 300m)

Avg: €2,110/m² — used for ROI calculation