Place 4

Apartment Investment Property

Property ID: place-4

Marijas iela 4, Riga, Riga, Latvia

Marijas iela 4
Place 4
From € 72.210 (excl. costs)

Property Details

  • Rooms

    Bedrooms

    1 - 2

  • Bathrooms

    Bathrooms

    1

About

Place 4

Place 4 – Premium investment property in the heart of Riga

Place 4 is the first premium investment project in the center of Riga. The project has been developed with a clear focus on profitability, central location, and high-quality finishes.

The project consists of 79 fully finished apartments, suitable as:

  • a first home
  • a second residence
  • a real estate investment with rental potential

Smartly designed apartments with rental potential

Place 4 offers 1- and 2-bedroom apartments with well-thought-out, ergonomic layouts. The compact yet efficient floor plans are ideal for:

  • short-term rentals (Airbnb, Booking.com)
  • long-term rentals

Thanks to large windows and high ceilings, the apartments benefit from plenty of natural light and a comfortable living experience.

Interior design concept by Space 12

The interior concept was developed in collaboration with Space 12 and combines:

  • durable, low-maintenance materials
  • a contemporary and warm design language
  • light, natural color tones

The finishes align seamlessly with the architecture of the building at Marijas iela 4.
For investors, fully developed interior and furniture packages are available, allowing for a fast and efficient rental launch.

Central location at a strategic intersection

Place 4 is located in a prime position in the center of Riga, offering:

  • proximity to modern business centers
  • walking distance to Riga Central Station
  • direct location opposite Berga Bazārs

Berga Bazārs is a vibrant urban area with shops, restaurants, and cafés. This combination of accessibility and city life makes the location highly attractive to tenants and investors alike.

Carefree real estate investment with management services

A financial model for short-term rentals has been developed for Place 4.
Through One Development, a full property management service is available, including:

  • furnishing and interior styling
  • rental via international platforms
  • 24/7 customer support

This makes Place 4 an ideal choice for investors seeking passive income in a fast-growing European capital.

PHOTOS

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