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Building

Lāčplēša street 48

Kitchen/Living Room

Lāčplēša street 48

Bedroom

Lāčplēša street 48

Bathroom

Lāčplēša street 48

Windows

Lāčplēša street 48

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Spacious flat in an art nouveau building

€110,000

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58.3 m2
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2nd floor
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1 bedroom

An elegant one-bedroom flat in a renovated building in central Riga.

Elegant and historic building

The building was constructed in 1913 by the renowned Latvian architect Eižens Laube. It is an Art Nouveau masterpiece, and as such is included in the list of protected cultural monuments of Latvia. During 1937 and 1950 it was also home to Aleksandrs Čaks, one of the most celebrated Latvian poets, and the building still houses his memorial flat.

Architect

Modern living

The property has a modern and convenient layout – an open plan living room and kitchen, a quiet bedroom, and a bathroom with underfloor heating. The property contains original features such as the 3.26 metre high ceiling with a rose, as well as the original but double-glazed Art Nouveau windows on both sides of the flat for maximum daylight.

The property is located in a well-managed estate and faces a quiet backyard. The entrance of the building has a security lock, and the stairwell is about to be renovated.

This is a freehold property with land in ownership.

View floorplan    
Floor Plan

Quality finish

The flat has been recently renovated to a high standard complete with modern fixtures and fittings. During renovation, whenever possible, we have chosen the work of Latvian manufacturers and craftsmen, and where not – sourced beautiful and high-quality fixtures and fittings from Nordic and German manufacturers.

Kitchen

Dynamic environment

The central location of the property offers maximum comfort and convenience for its residents. A short 5-10 minute walk away are Old Riga, Vērmanes park, Berga Bazārs, the best restaurants and cafes in town, shopping centres, spas, sports centres, universities, and cultural and recreational establishments. Nearby, you will also find the central bus station and the central railway station that takes you to the Jūrmala beach in 20 minutes.

Dynamic Riga

Features

  • 2nd floor
  • 58.3 square metres
  • 1 bedroom
  • 1 bathroom
  • 3,26m high ceiling
  • Double glazed windows
  • New kitchen and bathroom
  • Underfloor heating in the bathroom
  • Electric towel heater
  • Individual thermostat
  • Dimmer light switches
  • Fast internet
  • Building entrance with a lock
  • Paid-for public car park
  • Central location
  • Freehold property
Lacplesa Iela Isometry

For investors

The real estate market in Latvia is enjoying a steady and positive growth, providing plenty of opportunities for buyers and landlords alike.

This property would make an excellent high-yield rental for city visitors looking to stay in a centrally located Airbnb, a temporary home for international students attending the nearby University of Latvia, or a domestic couple of professionals.

To learn more about the residential market trends in Riga, please view these 2019 studies from Ober-Haus (English) and Latio (Latvian).

Ober-Haus (English)

Ober-Haus
(English)

Latio (Latvian).

Latio
(Latvian)

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About Altbau

We are a small family business that specializes in real estate renovations in Art Nouveau buildings in Riga.

We take great pride in the beautiful and high quality finish of our work, marrying traditional values with modern lifestyle and technologies. We support the local economy, and whenever possible choose the produce of Latvian manufacturers and craftsmen, and where not – source beautiful and high quality fixtures and fittings from the Nordics and Germany. We care for our customers’ comfort and always aim for a fast, efficient and transparent sales process.

Ilze Petručuka | Project Leader

Ilze