Teātra iela 12, Rīga, Vecrīga

A unique opportunity to acquire an exceptional property in one of the most beautiful and historically rich areas of Riga — Teatra Street, in the very heart of Old Town.

The apartment is located on the 5th floor of an elegant pre-war building with an elevator.

Total area: 133 m²

Rooms: 4

Bedrooms: 3 separate

Bathrooms: 2

Heating: autonomous gas heating

The apartment features three separate bedrooms, with the master bedroom connected to a spacious walk-in wardrobe, bathroom, and utility room.

The rooms are bright and spacious, with high ceilings that give the apartment a sense of airiness and prestige. Large windows overlook the charming narrow streets of Old Riga, creating an authentic historic atmosphere.

Currently, the property is successfully operated as a short-term rental apartment, generating a stable and attractive ROI of 11–12% per year. It is an excellent investment opportunity for those seeking a secure and profitable property, as well as a perfect choice for living in the cultural and entertainment epicenter of Riga.

This apartment combines historic charm with modern comfort, making it a truly rare offer on the market.

An investment that pays off today and grows in value tomorrow — a property that unites the allure of Old Riga with financial stability.