Pumpura iela 7, Jelgava

A 1-bedroom apartment with a spacious balcony is for sale in Jelgava. There is also the option to purchase a parking space.

Significant renovation and improvement work is currently underway in the building, and the costs of this work are already included in the sale price of the apartments:
• New PVC windows have been installed in the common areas;
• New entrance doors have been installed on both the street and courtyard sides, equipped with a chip-based access system;
• LED lighting with motion sensors has been installed in the common hallways;
• major roof repair work is being completed;
• sewer, cold, and hot water risers are being replaced in the apartments—this work is nearing completion;
• Plans are in place to connect the building to the centralized hot water system and install smart water meters.
• Cosmetic repairs have been completed in the stairwell, and new mailboxes have been installed.
• The building’s facade is also being renovated—part of the facade has already been repainted, while the loggias are scheduled to be clad on the outside to give the building a more visually appealing and attractive appearance overall.

This is an excellent opportunity for those who want to create a home tailored to their preferences or are looking for a promising investment property with high rental demand, where returns can reach up to 10% per year. The property is suitable for both residential use and investment, especially given the stable demand for rental apartments in this neighborhood. The LBTU Faculty of Veterinary Medicine is located nearby—a popular place of study among both Latvian and international students.

Utilities:
• Electricity;
• Municipal water and sewer;
• District heating from “Gren”.

The building is managed by SIA “Selectum Home”.
Costs:
• Maintenance fee – 0.75 EUR/m² + VAT;
• Reserve fund – 0.20 EUR/m².

Other 1-bedroom apartments are also available on various floors and in varying conditions (mostly in need of renovation), allowing you to choose the most suitable option for both living and investment.

The neighborhood has excellent infrastructure:
• next to the RAF shopping center;
• nearby are Lidl, the new JYSK, and other stores;
• several kindergartens and two schools nearby;
• convenient public transportation;
• quick and easy access to Riga.

A great opportunity to purchase a property with potential at an affordable price.