Apartment For Sale, Palasta street 9, Rīga, Labais krasts, Centrs / 273 000 €

An exceptional opportunity to acquire a prestigious duplex apartment located in the very heart of Riga’s Old Town, within the historic House of Peter the Great, part of the Peter I Palace complex. The building is a state-protected cultural monument and ranks among the most distinguished addresses in the city.

The property holds outstanding historical significance: from 1672 to 1725 the residence was home to Tsar Peter the Great, lending the apartment a rare sense of legacy, status, and timeless value.

Building & Infrastructure

• The building underwent a comprehensive restoration in 2006, carefully preserving its historical character while integrating modern engineering solutions.
• All major systems were fully replaced, including water supply and sewage (hot and cold water), electrical wiring, and a modern exhaust ventilation system.
• High-quality wooden double-glazed windows and contemporary radiators with thermostats were installed.
• New metal sheet roofing.
• A representative entrance hall with concierge service, ensuring comfort and security.
• Autonomous heating system with a gas boiler located in the building’s basement, offering efficiency and cost control.

Apartment Layout
The apartment is intelligently arranged over two levels, creating the ambiance of a private residence within a historic urban setting.

• First level: an impressive 50 m² entrance hall, ideal for entertaining and representative purposes; kitchen — 7 m².
• Second level: corridor, elegant, combined bathroom (7 m²), a multifunctional room suitable for a sauna or utility space (5 m²), and two bedrooms measuring 16 m² and 17 m² respectively.

This residence represents a rare combination of historical heritage, architectural prestige, and long-term investment security, making it an ideal choice for discerning buyers seeking exclusivity in one of Europe’s most charming Old Towns.