Sale apartment building in Riga in the embassy district
Jugendstil building is located in the most prestigious place of the Embassies' area of Riga. Building locates on land plot of 1570 sq.m. Total area of the building: 4400 sq.m. Number of floors: 6 Total area of 22 apartments (average area of an apartment 100-150 sq.m.): 2984 sq.m. Area of commercial premises: 291 sq.m. Area of warehouse: 330 sq.m. Number of parking places: 12.
The building is reconstructed in 2015: - overlapping is completely replaced; - facade of the building is restored; - roof is replaced ; - new windows repeating a historical facade are set; - moderns elevator equipment is bought.
On sale is tenancy rights for 98 years (since 2000). Lease agreement is entried to the Land Registry. Rent for the all term of agreement is completely paid.
Additional expenses of project implementation consist of need to finish reconstruction and finishing of internal rooms and can constitute up to 1 800 000 EUR.