**Investment property with the refurbish permission to 3* Hotel.**

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Page Views: 588
Added: 02/27/2009
Updated: 02/27/2009
Advert ID : 72460

About this more than 12 - Unusual
We are delighted to offer this exciting investment/development opportunity situated in the heart of Riga, capital of Latvia (19 Merkela Street). The property is located opposite Vermana Park and two minutes walk to the Old City of Riga. With the permission to refurbish this property in (3 star hotel, 35-40 rooms). Location is ideal for hotel. At present time ground floor and basement is rented to Private Bank and brings a profit around 10k euro per month. The property has been build in 1880, comprises of 4 floors, basement and mansard. Facade, ground floor and basement have been refurbished. Property 2518.88 sq. meters, land 1624 sq. meters. City sewage system, water-supply, heating. Gas, Electricity, Telephone, Te*ion.
City/Town:	Riga
Address of Property:	Merkela iela
Postcode/Zip:	LV1000 [map]
Bedrooms:	more than 12
Reception Rooms:	more
Bathrooms:	more than 12
Type of Property:	Unusual
Price:	EUR 4000000.00 [convert]
Features
Central Heating:	Gas
Burglar Alarm:
Parking Facilities:	On Street
Gardens:	None
Double Glazed:
Near Shops:
Near School :
Loft:
Utility Room:
Patio:
Extra Features


Area Information

Contact Information
Email Seller:	Email Seller
Contact person:	Ivan Brando
Advertiser Type :	Private Seller
Phone:	+37128889669
Sellers City, County :
URL:
Map:	View property location
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