Other commercial property in Latvia, Riga, 7817 sq.m. For Sale

Riga, Latvia
868 380 000 ₽
111 100 ₽ / sq.m.
Other commercial property in Latvia, Riga, 7817 sq.m.
  • Area: 7817 sq.m.

Description

a Profitable entity in Latvia

Information about tenants.

Scope of activities

the Hotel

end date of the lease

12/2020 Financial characteristics

the Yield of the object

810 000 EUR/year

Utilities

no

Profitability

8. 10% This facility has a profitability above the average for hotels of Latvia (7%), its annual increase in value of up to 2%. This facility has a profitability above the average for hotels of Latvia (7%), its annual increase in value of up to 2%.

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Details

  • To historical city center: 3 kilometers
  • Construction phase: New building

Location

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