Vaidelotes iela, Rīga, Iļģuciems

A 2-room apartment is available for sale in a quiet and well-developed residential area of Riga. This property combines several key advantages that make it a rational choice both for living and as a stable-yield investment.

The apartment is located on the top floor of the building, with windows on both sides, ensuring natural daylight throughout the day, enhanced privacy, and effective cross-ventilation. Centralized heating provides consistent comfort during the winter months, and thanks to the apartment’s top-floor position, heat loss is minimal. Average utility costs are approximately €65 in summer and €175 in winter. The building’s roof was completely renovated two years ago.

The apartment’s current technical condition allows for cosmetic or light structural renovations, offering the opportunity to tailor the space to personal needs or prepare it for profitable rental. Demand for similar apartments in this housing category remains stable in Riga, especially those with low monthly expenses and convenient locations.

The land beneath the building is privately owned — a key long-term asset that adds security and future resale value.

The surrounding area offers all essential infrastructure, including grocery stores, public transportation, and green spaces for daily recreation. This is a practical and technically sound investment in a stable segment of the residential property market.