210 000 €

1 117.02 €/m²

Ludzas iela 70, Latgale

Rīga

For Sale – Profitable Short-Term Rental Property: Residential House with 5 Apartments, Riga, Ludzas Street 70

For sale: a fully operational residential building with five short-term rental apartments, located in a strategic and easily accessible area – Ludzas Street 70, Riga.
Total building area: 188 m². All apartments are fully furnished and equipped, allowing the new owner to continue operations immediately without additional investment.

The property currently operates as a successful short-term rental business, generating a stable cash flow and high return on investment.
Rentals are managed primarily through Booking.com.
Detailed financial statements (income, expenses, ROI) are available upon request.


Property Features:
5 fully equipped short-term rental apartments
Electric heating with air-to-air heat pumps
Solar panels reducing electricity costs
City water and sewage connections
Convenient parking by the building
Excellent location with easy access to Riga city centre and Old Town

Investment Highlights:
Fully established and operating rental business
Stable revenue and high occupancy rate
Low operating costs due to energy-efficient solutions
Ready-to-run business with no additional setup required
Strong potential for capital growth driven by Riga’s rental market development

This is an attractive investment opportunity, combining consistent cash flow with property value appreciation.

📞 Contact us for more information, detailed financials, or to schedule a property viewing.
A 3D virtual tour is available upon request.