Prime 4-Star Hotel Investment Opportunity in Riga
- 12.000.000€
- 12.000.000€
Overview
- Hospitality
- 157
- 7.817 m2
- 2.980 m2
Description
Modern Commercial Asset with Strong Yield in Strategic Location
The Rixwell Elefant Hotel is a distinguished 4-star hospitality property strategically located on the main route between Riga’s dynamic city centre and Riga International Airport.
Constructed in 2008, the hotel has established itself as a well-recognized landmark in the capital’s hospitality market, combining contemporary architecture with functional design.
The property encompasses a total built area of approximately 7.817m2 across seven floors and offers 157 well-appointed guest rooms, catering to both business and leisure travelers.
Complementing its core accommodation facilities, the hotel includes a full-service restaurant, modern conference and meeting rooms, a fitness center, and additional guest amenities that
enhance its positioning within the competitive 4-star segment.
An underground parking facility for 23 vehicles provides convenience for both guests and staff, while the overall operational concept ensures efficiency and consistent occupancy.
With an attractive yield of approximately 7.9%, the Rixwell Elefant Hotel represents a secure, income-generating investment opportunity in one of the Baltic region’s most rapidly developing capitals.
Its prime location-balancing proximity to Riga’s cultural and business districts with excellent access to the international airport-further underscores the property’s
long-term value and potential for sustained revenue growth.
This asset offers a distinguished investment opportunity in Riga’s hospitality sector. Comprehensive details and financial documentation can be provided upon request to interested parties.
Direct inquiries from qualified investors are welcome.
Address
Open on Google Maps-
Address: 90, Kalnciema iela, Champetre, Imantas apkaime
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City: Riga
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Zip/Postal Code: LV-1046
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Country: Latvia
Details
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Property ID MC-38255
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Price 12.000.000€
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Total Area 7.817 m2
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External Area 2.980 m2
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Bedrooms 157
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Rooms 157
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Bathrooms 157
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Year Built 2008
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Property Type Hospitality
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Property Status For Sale
- Risk Profile Core, Core+
- Ownership Company Ownership
- Nr of tenants 1
- Yield 7.9%
- Ocuppancy (%) 85
- Rent increase (%) 2
- Listed by Broker
- Off-market property Yes
- Annual Property Tax 60.000 EUR
Additional details
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Elevator Yes
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Underground Parking 23 spaces
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Restaurant Yes
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Conference Rooms Yes
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Fitness Center Yes
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Number of Floors 7
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Total Rooms 157
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Year Built 2008
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Fully Operational Yes
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Condition Excellent
Features
- Access Control / Key Card Entry
- Alarm System / Security System
- Central Air Conditioning / HVAC
- Climate Control / Ventilation
- Conference / Meeting Rooms
- Disabled Access / Wheelchair Accessible
- Elevator / Freight Elevator
- Emergency Exits / Fire Escapes
- Energy Efficiency / Insulation
- Exterior Lighting
- Fire Safety System / Sprinklers
- Heating System (Gas, Electric, Solar)
- High-Speed Internet / Fiber Connection
- Loading Dock / Delivery Area
- Parking (Garage, Covered, Open)
- Reception / Lobby Area
- Security Cameras (CCTV)
- Signage / Advertising Space
- Solar Panels / Renewable Energy
- Soundproofing / Acoustic Insulation
Property Information Disclaimer
The property information presented on this website is provided by property owners, developers, sellers, or their authorized representatives.
MARIVA CONCEPT acts as an independent intermediary and marketing platform. We do not own the listed properties and do not independently verify all details provided.
All information, including prices, availability, locations, measurements, technical details, and legal status, is subject to change and may not always be complete or up to date.
Buyers, tenants, and investors are responsible for verifying all information and conducting their own legal, technical, and financial due diligence before entering into any transaction.
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- Alexander Wolf
