VaÄ¼Å†u street 21

RIX | Riga

A Home of

Pure Elegance

View Photos Watch Film 360° VTour Open House

Elina Plaude

Presented At

€585,000

Bedrooms

Bathrooms

Living

125

SQFT

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VaÄ¼Å†u street 21

RIX | Riga

VaÄ¼Å†u street 21, Riga, RIX, Riga, Latvia. , RIX , Riga

Apartment With A Charming Terrace

We offer for sale a luxurious 4-room duplex apartment in the Old Town with a total area of 132 m², including a charming 7 m² terrace with breathtaking views of the Old Town skyline. The living room is the centrepiece of this two-level apartment, where elegance meets comfort. The spacious and bright room creates an ideal space for both relaxing and welcoming guests. The fireplace is the heart of this room, giving it a special warmth and cosiness. It not only creates a pleasant atmosphere, but also serves as a stylish interior element, making the room a real focal point of the home.The apartment has three separate bedrooms, of which the master bedroom is connected to the dressing room, bathroom and a spacious utility room equipped with washing machine and household essentials. On the second level of the apartment is an isolated room, which is also ideal as a master bedroom or separate guest room, as it has a private bathroom.The apartment is newly renovated, with new and high quality wooden windows, wooden flooring, new and modern kitchen, equipped with high quality appliances. Individual gas heating, air recuperation system, alarm system, intercom. New and modern elevator, lockable and secure staircase, video surveillance. There is also a large storage room in the basement of the house.This property is located in one of the most prominent places of the Old Town

next to the Latvian National Opera, beautiful parks, shops and the best restaurants of Riga.

The building combines a breath of history with modern conveniences.

Gallery

3D Street View Tour

Property Location

VaÄ¼Å†u street 21, Riga, RIX, Riga, Latvia., RIX Riga

Local Weather & Climate

RIX, Riga

Current Conditions Updated recently

25 °F

Overcast clouds

Feels Like 18°F

Humidity 87%

Wind 6 mph

Visibility 5.6 mi

Sunrise 5:25 AM

Sunset 3:48 PM

5-Day Forecast

Thu 26 Feb

Clouds

High 33°

Low 25°

Fri 27 Feb

Clouds

High 35°

Low 32°

Sat 28 Feb

Clouds

High 37°

Low 35°

Sun 1 Mar

Clouds

High 37°

Low 34°

Mon 2 Mar

Clouds

High 33°

Low 31°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around RIX?

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

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

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.
Tax benefit calculations are simplified estimates based on general assumptions for Eurozone. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Eurozone tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$585,000

VaÄ¼Å†u street 21, Riga, RIX, Riga, Latvia.

RIX, Riga

3 Beds

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Market Opinion

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Our perspective on current market conditions in RIX. 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.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $58,500,000 20% down ($11,700,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$5,027/day

Your home may appreciate while you sleep

$35,285/week $152,901/mo $1,834,815/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

-$32.2M

+$45.7M

$45.7M Potential Equity

vs $32.2M lost to rent over 10 years

$11.7M Down Payment Growth

3.9x

10yr

$45.7M

8.1x

20yr

$94.5M

12.6x

30yr

$147.7M

Wealth Comparison

×352

Equivalent to 352 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $147.7M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $68.9M +18%

Market $79.7M +36%

Optimistic $91.9M +57%

$45.7M est. equity

20 Years

Conservative $81.1M +39%

Market $108.5M +85%

Optimistic $144.5M +147%

$94.5M est. equity

30 Years

Conservative $95.6M +63%

Market $147.7M +153%

Optimistic $227.0M +288%

$147.7M est. equity

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

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

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

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does VaÄ¼Å†u street 21, Riga, RIX, Riga, Latvia have?

This apartment at VaÄ¼Å†u street 21, Riga, RIX, Riga, Latvia features 3 bedrooms with 125 square feet of living space.

What is the size of VaÄ¼Å†u street 21, Riga, RIX, Riga, Latvia?

This property offers 125 square feet of living space.

What is the listing price for VaÄ¼Å†u street 21, Riga, RIX, Riga, Latvia?

This property is listed at $58,500,000, which equals $468000 per square foot.

Is now a good time to buy a home in RIX?

Based on current market indicators, RIX shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is VaÄ¼Å†u street 21, Riga, RIX, Riga, Latvia?

This is a apartment located in RIX, Riga. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: