Pasta iela 6, Rīga, Vecrīga

Profitable property in Old Town without additional investment. On offer is an excellent rental apartment project in Pasta iela 6 - in the very heart of Old Riga, one of the most sought after locations in Riga - 86 fully furnished apartments available in different sizes from 15 to 41 m2. The property is ideal for both short-term rental business and long-term investment with stable cash flow and high occupancy throughout the year. The apartments are located in a fully renovated building, the renovation of which was completed in spring 2025, ensuring excellent technical condition and this means only one significant advantage for the investor - no additional investments will be required in the coming years. Key advantages: - Stable yield; - Ideal location in the Old Town; - High demand in the short-term rental market; - Fully furnished and equipped apartment; - High rating on rental platforms; - Modern decoration and high ceilings; - Suitable for immediate letting; - Suitable for professional management. About the apartment: - Nr. 44(41) - 1 room; - three large windows; - 5th floor. The apartments in the project are fully equipped with everything you need for a comfortable living experience - kitchen area, appliances, private bathroom, furniture and interior solutions that attract both local and foreign guests. The building offers a variety of apartment types, including loft-style apartments with a special character and high added value in the rental segment. The windows on the upper floors offer magnificent views of the Old Town and the Daugava panorama. Excellent location - the property is located in the Old Town, one of the most sought-after and historically rich districts of Riga. The neighbourhood is home to popular tourist attractions, cultural and entertainment venues, as well as a wide range of cafes, restaurants and shops, providing a vibrant urban environment and high added value for both everyday life and short-term accommodation needs. Close proximity to public transport, easy access to the railway and only 10 km to Riga Airport significantly increase the attractiveness of the property for foreign visitors and tourists. Additional costs: - Management fee 0.80 EUR/m2; - Savings fund 0.40 EUR/m2. Additional service: We offer professional management for short-term properties - relieving you of all the hassle of letting to cleaning.