For Sale – Profitable Short-Term Rental Property: Residential House with 5 Apart
210 000.00 €
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Land area, m2
372
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Rooms
5
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Floors
2
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Area, m2
188
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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. |
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Ad No.: 987078
Created: 16.04.2026 / 21:00
Number of visits: 8 Today: 8Updated: 16.04.2026 / 21:00