We offer to purchase a completely renovated building in the center of Riga, which operates as a Hostel.
In 2014, the complete renovation of the building was completed: insulation, risers were replaced, the roof was replaced and reinforced, on which a terrace was created. The building is used as a hostel, so the layout is kept as open as possible;
On the ground floor there is a reception room, 2 auxiliary rooms, a large room with beds, a bathroom;
On the second room there is a large room with 20 beds. 14 + 6 beds in a separate room, utility room, bathroom;
The area of the new roof terrace is 40m2;
For heating, a geothermal heat pump is used, which was installed in 2014, city sewerage;
In the yard there is a parking space for 8 cars;
The building is located in the very center of Riga, 5 minutes walk to Old Riga, nearby public transport;
The property can be purchased with a business and a net yield of 7, 8%.
The brick building on Krisjana Valdemara Street is one of the best architectural monuments of national importance, the construction of which dates back to 1886.
What used to be stables has now been renovated to be a quiet island for those who travel and explore the world.
The building has its own specific historical context, which has been carefully and reliably preserved.
Writers and creative people come to Amalienhof Hostel Riga from all over the world, living in a vibrant historical environment, relaxing and receiving inspiration and ideas for their new works.