{"product_id":"аудею","title":"Investment property in Old Riga\/Audēju Iela 7","description":"\u003cp\u003e\u003cmeta charset=\"utf-8\"\u003e\u003cspan\u003eInvestment Opportunity Audēju Iela 7, Rīga\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eA unique investment property in Old Riga (Vecrīga) – a historic Art Nouveau building, included in the UNESCO World Heritage list. The building was constructed in 1899, designed by architect Alfrēds Ašenkampfs (one of the first Art Nouveau properties in Riga). The original owner was Aleksandrs Grossets.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eBUILDING AND ARCHITECTURE:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003eHistoric facade with rich decor (stucco, mascarons, Art Nouveau elements).\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003ePreserved inside:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- wall paintings (frescoes).\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- decorative elements.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- historic window openings.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- staircases (spiral stairs).\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003ePROPERTY DETAILS:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Total area: ~2000 m²\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Built-up area: 1841 m²\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Plot area: 469 m²\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Building footprint area: 469.1 m²\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Building volume: 9589 m³\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003e- Number of floors: 5 floors + basement + attic.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Partially leased (commercial on the 1st floor).\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003eThe building consists of two volumes (A and B), with a well-thought-out historic layout and good insolation of the premises.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eLAYOUT AND CONCEPT:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Approved project: 16 residential apartments.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- 1st floor + mezzanine: commercial premises (restaurants, cafes, boutiques).\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- 2nd–5th floors: residential apartments.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eBUILDING LAYOUT:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Spacious apartments with high ceilings.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Light shafts (natural lighting).\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Flexible redevelopment possibilities.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003ePOSSIBLE:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- facade restoration.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- window and door restoration.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- integration of modern solutions.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003eFull modernization of engineering systems (electrical, ventilation, heating, etc.)\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eINVESTMENT POTENTIAL:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003eThe property is ideal for:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Boutique hotel: 6–8%\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Residential rental: 5–6%\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Mixed-use: up to 7%\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eMARKET:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- 2.6+ million tourists per year by 2025.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- High demand for heritage properties.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Limited supply of similar buildings.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- 3,500–5,000 €\/m² (premium rental segment).\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eADVANTAGES:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Unique architecture and status of the property.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Location in the tourist center of Riga.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Limited supply of similar properties.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- High demand for premium real estate.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eRECONSTRUCTION AND OPPORTUNITIES:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Approved development plan (16 apartments + commercial).\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Facade restoration agreed.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Possibility of elevator installation.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Full modernization of engineering systems.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Preservation of historical elements (stucco, staircases, decor).\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eFLOORS:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Condition assessment and partial preservation planned.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Replacement possible while preserving historical character.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eDECOR RESTORATION:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003eWork will be carried out by restorers.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003ePreserved:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e– original fragments.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e– decorative elements.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e– historical finishes.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eENGINEERING SYSTEMS:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- All engineering networks (electrical, water, sewage, ventilation, heating)\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003ewill be completely updated.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Elevator solutions are provided for.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Connections and communications will be modernized to meet modern requirements.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eFIRE SAFETY:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- The building will comply with U2A class.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- All fire safety solutions will be developed during the project phase.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003ePLANNING SOLUTIONS:\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Flexible adaptation of premises is possible.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- The building structure is preserved.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e- Entrances and zones can be modernized to modern standards.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003eFor relevance and all inquiries, please call us. We will be happy to answer all your questions and arrange a viewing of the property. We look forward to your call.\u003c\/span\u003e\u003cbr\u003e\u003c\/p\u003e","brand":"Centrs","offers":[{"title":"Default Title","offer_id":56677301092678,"sku":null,"price":3000000.0,"currency_code":"EUR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0976\/2068\/9222\/files\/IMAGE2026-03-2411_22_38_0ff5d210-3f07-4f49-b9be-f9b86ef01ac5.jpg?v=1780231472","url":"https:\/\/miurareal.com\/en\/products\/%d0%b0%d1%83%d0%b4%d0%b5%d1%8e","provider":"Miura","version":"1.0","type":"link"}