City: Riga
Country: Latvia
Currency & Price: EUR 7000000
Description: Real estate in Riga is a monument of culture of the state.
Total area: 1803,60 sq. m., a useful area of 1547,9 sq. m.
Commercial property.
property consists of 2 4-story buildings.
The object was built in the 18th century. The buildings were reconstructed in 1998. repair was made in 2000.
Bearing designs: the bases: a stone, external walls: brick, overlappings: a tree, a roof: a tile.
Total area: 1803,60 sq. m., a useful area of 1547,9 sq. m.
House condition for today: in 1998, major repairs were completely made, including strengthening the base, overlapping windows, engineering communications, and changing the roof. The building is reconstructed for tenancy for bureau and commercial premises. The house is equipped with a modernized fire-prevention and security alarm system. 24 hours of visual protection and the porter. The house is provided by city central heating, a water drain, and cold and hot water.
Monetary stream: at present, 18 lease contracts for the term of 7–10 years are concluded, and the common profit in a month is 27 953 dollars. Including the VAT. All useful area are completely leased and thanks to favourable conditions and a house site here, there is invariably great demand. Among our clients are legal and financial consulting bureaus, spa centers, stomatologists, etc.