Prime 4-Star Hotel Investment Opportunity in Riga
  • 12.000.000€

Overview

Property ID: MC-38255
  • Hospitality
  • Property Type
  • 157
  • Rooms
  • 7.817 m2
  • Internal Area
  • 2.980 m2
  • External Area

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: 90, Kalnciema iela, Champetre, Imantas apkaime
  • City: Riga
  • Zip/Postal Code: LV-1046
  • Country: Latvia

Details

  • Property ID MC-38255
  • Price 12.000.000€
  • Total Area 7.817 m2
  • External Area 2.980 m2
  • Bedrooms 157
  • Rooms 157
  • Bathrooms 157
  • Year Built 2008
  • Property Type Hospitality
  • 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
  • Payment Options Traditional

Additional details

  • Elevator Yes
  • Underground Parking 23 spaces
  • Restaurant Yes
  • Conference Rooms Yes
  • Fitness Center Yes
  • Number of Floors 7
  • Total Rooms 157
  • Year Built 2008
  • Fully Operational Yes
  • Condition Excellent

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.
Cryptocurrency & Alternative Payment Information
Some properties may be offered with pricing references or settlement options involving cryptocurrencies (such as BTC, ETH) or hybrid crypto–fiat structures.

Please note:


- Cryptocurrency values are highly volatile and may fluctuate significantly against fiat currencies.
- Displayed crypto-related prices are indicative and may differ at the time of transaction.
- MARIVA CONCEPT does not act as a bank, payment service provider, exchange, or crypto custodian.
- We do not receive, hold, convert, or process cryptocurrencies on behalf of clients.
- All payment structures, exchange rates, and settlement methods are agreed directly between the parties involved.
- Licensed third-party legal, banking, and compliance partners should always be used.
- Cryptocurrency is treated solely as a settlement method, not as an investment product or financial advice.