Elizabetes Street 21A-16, Riga, RIX LV-1010, Riga, Latvia. - Hero Image
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Elizabetes Street 21A-16
RIX LV | Riga

A Residence

Above It All

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Ilze Mazurenko
Ilze Mazurenko
Presented At
€1,250,000
Bedrooms
3
Bathrooms
3
Living
1,647
SQFT
Elizabetes Street 21A-16, Riga, RIX LV-1010, Riga, Latvia. - Photo 1
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Elizabetes Street 21A-16, Riga, RIX LV-1010, Riga, Latvia. , RIX LV , Riga

Spacious Apartment In The Quiet Centre

In a prestigious district of Rīga, on one of the most beautiful streets there is a historic reborn, refined and aristocratic house. The house proudly columns at Elizabetes Street, the city’s most prestigious and representable area in the Quiet centre of Rīga. Every house in this neighborhood is a unique architectural monument of the 20th century, and unlike anyone else. Facade of the house reflects the typical architecture of luxury and sophistication. During the reconstruction maintained stairs and ladders were reborn in original, with the original cast iron balustrade and handrails, while the building is equipped with all the modern technologies, video surveillance system and daily security. The apartments are equipped with modern ventilation and air conditioning systems, as well as automatic meter reading system. We offer to buy a spacious and light apartment, located on the fourth floor. The apartment has a living room with kitchen area, two bedrooms and two bathrooms, also guest WC. During apartment renovation and improvement only the highest grade finishes were used. This is a great apartment in a prestigious location

  • in the Quiet Centre of the city!<br/></p>

Property

3D Street View Tour

Map showing Elizabetes Street 21A-16, Riga, RIX LV-1010, Riga, Latvia.

Property Location

Elizabetes Street 21A-16, Riga, RIX LV-1010, Riga, Latvia., RIX LV Riga

Local Weather & Climate

RIX LV, Riga

Current Conditions Updated recently
35 °F
Fog
Feels Like 35°F
Humidity 97%
Wind 1 mph
Visibility 0.2 mi
Sunrise 4:31 AM
Sunset 4:31 PM
5-Day Forecast
Wed 18 Mar
Clouds
High 50°
Low 35°
Thu 19 Mar
Clouds
High 49°
Low 34°
Fri 20 Mar
Clouds
High 40°
Low 33°
Sat 21 Mar
Clouds
High 48°
Low 33°
Sun 22 Mar
Clouds
High 49°
Low 39°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around RIX LV?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in RIX LV. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $125,000,000 20% down ($25,000,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$10,741
$10,741/day
Your home may appreciate while you sleep
$75,395/week $326,712/mo $3,920,546/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$68.8M
vs
OWN 📈 +$97.6M
$97.6M Potential Equity
vs $68.8M lost to rent over 10 years
$25.0M Down Payment Growth
3.9x
10yr
$97.6M
8.1x
20yr
$202.0M
12.6x
30yr
$315.7M
Wealth Comparison
×752
Equivalent to 752 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $315.7M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $147.2M +18%
Market $170.2M +36%
Optimistic $196.4M +57%
$97.6M est. equity
20 Years
Conservative $173.4M +39%
Market $231.8M +85%
Optimistic $308.7M +147%
$202.0M est. equity
30 Years
Conservative $204.2M +63%
Market $315.7M +153%
Optimistic $485.1M +288%
$315.7M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at Elizabetes Street 21A-16, Riga, RIX LV-1010, Riga, Latvia features 3 bedrooms with 1,647 square feet of living space.
This property offers 1,647 square feet of living space.
This property is listed at $125,000,000, which equals $75896 per square foot.
Based on current market indicators, RIX LV shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in RIX LV, Riga. The property is situated in an established neighborhood with convenient access to local amenities and services.
Ilze Mazurenko

Ilze Mazurenko

Latvia Sotheby's International Realty

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