Fully Furnished 1-Bedroom Studio Apartment with a Private Terrace in the Premium “Schoolhouse Loft” Development
A fully furnished 1-bedroom studio apartment with a private terrace in the premium Schoolhouse Loft development, offering an excellent investment opportunity for short-term rentals while also serving as a comfortable private residence in the heart of Riga.
The historic building, constructed during the Art Nouveau period, has been meticulously restored, preserving its authentic character while incorporating modern engineering solutions, premium-quality materials, and thoughtfully designed layouts. The renovation included a complete replacement of all engineering systems and load-bearing structures, installation of two new Schindler elevators, beautifully landscaped courtyards, and the restoration of the staircase in the elegant style characteristic of the early 20th century.
The apartment welcomes you with an entrance area for coats and shoes, followed by a hallway leading to a separate laundry and storage room. The layout continues with an elegant bathroom, an open-plan living room combined with a dining area and fully equipped kitchen, and a separate bedroom ensuring privacy and comfort.
Both the living room and bedroom overlook the peaceful, landscaped inner courtyard. The apartment also features its own 6.3 m² private terrace—an exceptionally rare feature in Riga’s city centre. It is the perfect place to enjoy your morning coffee, unwind on warm summer evenings accompanied by birdsong, admire the mature chestnut trees, or grow your favourite flowers and herbs in planter boxes just outside your window.
The apartment’s interior was designed by Agnese Rudzīte, with exceptional attention to detail and quality. Premium finishes include Meister engineered oak flooring from Germany, One Oak designer interior doors, high-quality Vives ceramic tiles from Spain featuring elegant Art Nouveau-inspired patterns, Olympia sanitary ware from Italy, and a Kaldewei bathtub made in Germany.
A special sense of space is created by the impressive ceiling heights ranging from 3.0 to 3.13 metres. To ensure not only comfort but also energy efficiency, the apartment is fitted with Italian-made radiators equipped with individual heat allocators, allowing residents to regulate heating consumption and pay only for the heat actually used. The bathroom also features underfloor heating, adding extra comfort throughout the year.
The apartment is sold fully furnished and equipped, making it ready for immediate occupancy or rental. The kitchen includes everything required for cooking and food storage, while the living room features a comfortable sofa bed that provides additional sleeping accommodation. The bedroom offers a spacious built-in wardrobe with ample storage for clothing and household essentials.
For investors, this property presents an outstanding opportunity. The apartment already has active Airbnb and Booking.com listings, supported by excellent guest reviews and consistently high ratings, allowing the new owner to continue operating a successful short-term rental business from day one.