Krišjāņa Valdemāra iela 109, Rīga, Centrs

For sale: a sunny two-room apartment in the historic center of Riga

A thoughtfully planned two-room property is for sale at the prestigious intersection of Krišjāņa Valdemāra and Šarlotes streets.
The building is recognized as an architecturally significant 1974 “special project,” originally constructed for members of the интеллигенция and cultural professionals.

Key parameters:
• Area: 47 m²
• Floor: 5/6 (brick building)
• Land: Owned

Layout and finishes:
The apartment consists of a spacious living room combined with a kitchen area, and a separate bedroom.
• Large wooden double-glazed windows have been installed, ensuring maximum natural light and a cozy atmosphere.
• Flooring: High-quality vinyl in the bedroom and dark laminate in the living area
• Kitchen: Functional IKEA kitchen installed with a ceramic hob and oven; gas connection option retained
• Utilities: Modernized electrical system (15A), TET fiber-optic internet, verified water meters
• Condition: The redevelopment has been fully legalized.

Minor cosmetic renovation is needed (refreshing wall paint), allowing the new owner to adapt the interior to their taste

Additional amenities:
• Parking: Free parking in the courtyard (with permits)
• Storage: Lockable storage room for bicycles and strollers on the 1st floor; additional basement space
• Furnishings: Sold with the appliances (refrigerator, washing machine, dishwasher) and furniture shown in the photos

Location and infrastructure:
The property is in a strategically advantageous location with excellent infrastructure:
• Education: Nearby are the French Lycée, BA School of Business and Finance, Riga Design and Art Secondary School, and other leading institutions
• Leisure and culture: Within walking distance are Arena Riga, the Olympic Sports Centre, as well as popular cafés and breweries in the neighborhood
• Transport: Excellent public transport connections; Old Town reachable within 15 minutes

Investment potential:
Due to its location and demand for rental apartments in this area, the estimated rental income is around €550/month, making this an excellent addition to an investment portfolio.

Legal status:
The property is not mortgaged or encumbered. Vacant and available for immediate transaction.