Excellent 3 bed Home For Sale & Redevelopment in Riga

  • £40,000

Overview

Property ID: OCSUAJM-T2655
  • House
  • Property Type
  • 1
  • Bathroom
  • 81 sq meters
  • Area Size

Description

Prime 3-Bedroom Property for Sale in Riga, Latvia – Investment & Redevelopment Opportunity

Esales Property ID: es5554358

Property Location:

Avotu Street 15a,
Riga, Latvia, LV-1009


Your Gateway to Profitable Real Estate in Riga

Discover an exceptional investment property in the heart of Riga, perfectly positioned for redevelopment, rental income, or long-term appreciation. This 3-bedroom home sits on a generous plot in one of the city’s most desirable locations – offering the ideal blend of urban convenience and private tranquility.


Key Investment Highlights:

  • Prime Central Riga Location – Walking distance to top cultural attractions, shopping districts, restaurants, and public transport.

  • Spacious Plot (120m²) – Ample outdoor space for expansion or landscaping.

  • Solid Structure (81m²) – Perfect foundation for renovations or multi-level development.

  • Private Courtyard Oasis – A rare retreat in the city centre, ideal for relaxation or guest enjoyment.

  • Full Utility Connections – Electricity, water, and other essential services already in place.

  • Redevelopment Potential – Transform into apartments, a townhouse, or a multi-story home for maximum returns.

  • High ROI Possibility – Capitalise on Riga’s rising property values and growing rental demand.


Short-Term Rental Potential

With Riga’s booming tourism industry, this property could be a top performer on Airbnb or Booking.com. We can connect buyers with local experts to kickstart a profitable rental business.


Property Features:

  • 81m² living space

  • 3 bedrooms, 1 bathroom

  • Private parking and garden

  • Stunning city views

  • Close to supermarkets, pharmacies, bars, and restaurants

  • Surrounded by parks, cycling paths, and sports facilities


Why Invest in Riga?

Riga, the vibrant capital of Latvia, blends rich history with modern opportunities. The UNESCO-listed Old Town boasts Art Nouveau architecture, cobblestone streets, and landmarks like Riga Castle and the Dome Cathedral. The city is a hub for culture, dining, and events, attracting a steady stream of visitors year-round.

With its affordable cost of living, welcoming community, and growing economy, Riga is a hotspot for property investors, expats, and short-term rental entrepreneurs.


Contact Us Today

Don’t miss this rare chance to secure a central Riga property with unmatched redevelopment potential.
📞 Call +37062195555 now to arrange a viewing or request more details.

  • City: Riga
  • State/county: Riga
  • Zip/Postal Code: LV-1009
  • Country: Latvia

Details

Updated on August 14, 2025 at 11:10 am
  • Property ID OCSUAJM-T2655
  • Price £40,000
  • Property Size 81 sq meters
  • Bathroom 1
  • Property Type House
  • Property Status For Sale

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