A gem in the city centre!
Some apartments are simply lived in, and some you actually look forward to coming home to. This one belongs to the second kind — bright, quiet, and sensibly laid out: no wasted square metres, but no cramped corners either.
The bedroom is fully separate from the rest of the living area, so sleep and daily life stay out of each other's way. The living room with its kitchen area is bright and open, but the real surprise waits behind the door next to it — a separate walk-in closet, the kind of bonus you almost never find in central Riga apartments. It means everything has one place to live, while the rooms themselves stay free of wardrobe walls and seasonal boxes.
The windows face the quiet side. Plenty of daylight, no street noise. The neighbours are calm and easy-going, the stairwell is clean and well kept — and in daily life that matters more than most people expect.
Low utility bills
Here are the numbers worth remembering. Utility bills range from 59 EUR a month in the warm season to a maximum of 180 EUR in the coldest winter months.
For a pre-war or post-war building in central Riga, that is a genuinely strong result — in many comparable apartments the winter bill is twice as high. In practice it means predictable running costs all year round: a lighter load for the owner, a friendlier total for a tenant, and a higher real yield for an investor, because the gap between rent and running costs stays on your side.
Two parking permits — already included
This is the detail worth moving quickly for. The apartment comes with two central Riga resident parking permits, allowing you to park in the central zone for a nominal fee instead of paying the full hourly rate or hunting for space in paid car parks.
In central Riga that is real money and real everyday convenience — especially for a household with two cars, or for an owner who rents the apartment out and wants to offer something the competition simply doesn't have.
What's already done
The biggest and most expensive work in this apartment is already behind you. The bathroom is completely new — quality tiling, a bathtub, a concealed-cistern toilet, a vanity unit with basin, a heated towel rail and space for a washing machine. Not another euro, and not another headache, needs to go into it.
The kitchen units were made two years ago — with a built-in hob, extractor hood, fridge and plenty of cabinet space. Practical, tidy and ready to use from day one. Laminate flooring runs throughout the apartment, and the entrance hall already has a built-in wardrobe and shelving in place.
What still needs doing
Let's be straight about it — the remaining rooms would benefit from cosmetic work: wall finishes, wallpaper, freshening up the doors and window frames. Technically everything is sound and you can move in immediately, but with a relatively modest budget you can create exactly the interior you want.
And that is precisely what shapes the asking price. You are paying for the square metres, the layout and the address — not for someone else's taste that you'd want to replace within a year anyway.
The building and the location
A building with character — thick walls, high ceilings and a solid stairwell with its original banister and terrazzo steps. The inner courtyard is closed, quiet and well maintained, with room to park. The apartment is on the 5th floor [confirm: with / without lift].
Stabu iela is one of those central streets where people still actually live, not just work. A few minutes' walk brings you to Tērbatas and Brīvības iela with their cafés, shops and restaurants, Vērmanes Garden and the Esplanade, universities, public transport to any part of the city, grocery stores, pharmacies and gyms. Everything you need day to day — no car, no traffic, no planning required.
Who is this apartment right for?
As an investment. A compact, functional apartment with a separate bedroom at a central address is exactly the segment tenants look for most often and the one that sits empty least. The low utility bills and two parking permits work as arguments in their own right — they justify a higher rent and attract more serious tenants.
For a student or young professional. Lectures and work are a walk away. No daily commute, no car costs, predictable bills, and everything you need around the corner. And most importantly — your own roof over your head, not a shared rental.
For someone buying their first property. The bathroom and kitchen are already done. The rest can happen gradually, at your own pace and to your own taste — which is exactly how a property slowly turns into a home.
Two notes. In the Russian version I kept the utility figures in EUR rather than converting anything, and used "разрешения на парковку для жителя центра Риги" — if the company has its own standard wording for the permit on other listings, swap it in for consistency.
The same three open items still need confirming before this goes live: lift or no lift, the building's actual era, and whether the parking permits genuinely transfer to the buyer.
