Apartment for sale, Ernesta Birznieka Upīša iela 20a, Centrs / 115000€

Property description

Investment opportunity in the heart of Riga – fully equipped studio apartment with active short-term rental bookings!

Available for purchase: a modern and thoughtfully designed studio apartment at Ernesta Birznieka-Upīša Street 20A, in a rapidly growing and developing area of central Riga!

The apartment is being sold as a ready-to-go investment property – it is currently rented out short-term and will be handed over to the new owner with 100% bookings for August and September, providing immediate and stable cash flow.

The apartment is not only renovated to a high standard but also fully equipped for short-term rental – in addition to the items shown in the photos, it includes a TV, kitchen appliances (coffee machine, kettle, dishes, etc.), and tasteful design elements. Everything your guests need to settle in from day one.

Layout and benefits:
+ Compact and functional living space – 24 m² with living area, kitchen, hallway, and bathroom;
+ Apartment located on the façade side of the building, 3rd floor;
+ Elevator available;
+ Individual heat meter;
+ Land under the building is owned;
+ Building built in 2008;
+ Façade and stairwells renovated in 2023.

Location:
Central Riga with everything you need just steps away – 500 m from the Central Station, Origo, and Stockmann, close to public transport and Vērmanes Garden. Thanks to its location, the apartment is in high demand for short-term rentals.

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