Compact and affordable 1-room apartment in Sarkandaugava

Area

19 m²

Rooms

1

Floor

1 / 3

Amenities

Autostāvvieta

Description

This 18.7 m² one-room apartment is a compact, economical, and practical real estate property. It offers a low barrier to entry into the housing market and flexibility depending on the buyer's goal: For a student or young professional an ideal first home Complete independence and control over expenses: Offers its own private space at a lower cost than the rental market. Electric heating and hot water allow you to fully control your monthly bills yourself pay only for actual consumption and set your own comfort level. Building manager: RNP. Utility payments: Equal all year round – 42.89 EUR/month. Real estate tax (NĪN): 25.00 EUR/year. Compact Living functionality: The 18.7 m² area is manageable, easy to clean, and ergonomically furnished (for example, using a fold-out sofa, folding tables, or built-in wardrobes). Move-in ready condition: You can move into the apartment and live there right away, without the need for urgent large-scale investments. For an investor: a safe and profitable cash flow property Compact apartments are in highest demand in the rental market: Small-sized housing in Riga provides the highest return on investment (ROI), as the rental price per square meter is relatively high. In-demand target audience: Easy to rent out to students, young professionals, or long-term tenants looking for budget-friendly housing with low fixed costs. Low maintenance costs: A small area means low management fees and minimal real estate tax, which simplifies property management and increases the net profit margin. Adaptation possibilities: The move-in ready condition allows it to be rented out immediately, but small cosmetic updates in the future can significantly increase the rental price with minimal capital investment. This compact 18 m² one-room apartment is a well-thought-out and advantageous solution for a first home or a secure addition to an investment portfolio. Located on the ground floor of a brick building, the apartment combines functionality, coziness, and total control over monthly expenses. Apartment advantages and layout Cozy evening lighting: Windows face west, providing pleasant evening sunlight that makes the room bright and visually spacious. Ergonomic layout: The room thoughtfully integrates a kitchen area for preparing daily meals, leaving enough space for a relaxation or study/work area. Privacy and comfort: A separate, fully partitioned bathroom with a shower provides full convenience. Durable building construction: The masonry/brick house ensures good sound insulation and a stable microclimate. The ground-floor location guarantees easy access without climbing stairs. Resource and cost control Hot water via boiler: An individual water heater allows you to freely adjust the water temperature and pay only for the electricity actually consumed. Electric heating: The ability to independently determine the start of the heating season and regulate heat intensity according to your habits, avoiding high fixed utility bills in winter. Usage and potential For a student or young professional: Ready for living right away. An ideal choice to start an independent life with minimal maintenance expenses and convenient daily logistics. For investment / rental business: "Micro" housing of this type is the most liquid in terms of demand. Separate bathroom facilities, a kitchen area, and individually adjustable utility bills make this property highly attractive to tenants, ensuring a stable and predictable cash flow from day one. Feel free to contact us to schedule a viewing at your convenience.

Location