Merķeļa iela 8, Rīga, LV-1050

Rīga, Latvia·01000050019001

€904/m²

avg from 4 apartment sales (last 3 years)

Total Area

3,025 m²

Built

1882

Type

House

Floors

Material

Ķieģeļu mūris

Condition: V4Building area: 3,024.6 m²Volume: 14,688 m³

Deals History

(18)

Avg €904/m²Median price €81,400

DateFloorApt areaTotal areaRooms€/m²Land shareLand m²Price

06/11/20253155.5 m²149.8 m²4€6355.13%58.12 m²€98,750

06/11/2025Floor 3155.5 m²4 rooms

€635/m² · 5.13% land · 58.12 m² land

€98,750

14/05/20253184 m²178 m²6€8106.32%71.56 m²€149,000

14/05/2025Floor 3184 m²6 rooms

€810/m² · 6.32% land · 71.56 m² land

€149,000

20/04/2023642.9 m²42.9 m²1€5481.45%—€23,500

20/04/2023Floor 642.9 m²1 room

€548/m² · 1.45% land

€23,500

31/01/2023456.7 m²56.7 m²2€1,6231.94%—€92,000

31/01/2023Floor 456.7 m²2 rooms

€1,623/m² · 1.94% land

€92,000

27/09/2022572.7 m²72.7 m²3€1,3072.60%—€95,000

27/09/2022Floor 572.7 m²3 rooms

€1,307/m² · 2.60% land

€95,000

31/07/20202102.7 m²96.6 m²3€1661.63%—€17,000

31/07/2020Floor 2102.7 m²3 rooms

€166/m² · 1.63% land

€17,000

14/03/20196193 m²188.9 m²4€5186.54%—€100,000

14/03/2019Floor 6193 m²4 rooms

€518/m² · 6.54% land

€100,000

14/03/2019642.9 m²42.9 m²1€4661.45%—€20,000

14/03/2019Floor 642.9 m²1 room

€466/m² · 1.45% land

€20,000

03/04/2017356.8 m²56.8 m²1€1,4081.74%—€80,000

03/04/2017Floor 356.8 m²1 room

€1,408/m² · 1.74% land

€80,000

17/10/20162102.7 m²96.6 m²3€1661.63%—€17,000

17/10/2016Floor 2102.7 m²3 rooms

€166/m² · 1.63% land

€17,000

Listing History

(4)

For Sale

12/02/2026

€175,000

115 m²·4 rooms·€1,522/m²

08/02/2026

€97,000

91 m²·3 rooms·€1,066/m²

01/02/2026

€89,000

48 m²·2 rooms·€1,854/m²

For Rent

12/03/2026

€900/mo

€1,000→ €900/mo

73 m²·3 rooms·€12.3/m²

Recommended Rent Price

Budget

€4.4/m²

Median

€5.4/m²

Premium

€7.3/m²

Choose based on your apartment's condition: budget for basic, median for average, premium for renovated

-39% adjustment — average prices in this building are below similar buildings nearby

Based on 38 active rent listings in 24 comparable buildings in Rīga.

Comparable:Centrs·series P. kara·built 1872–1892·4–8 floors

Cadastral Value

As of 2025-01-01T00:00:00

€328/m²Total: €990,819

Building average — see per-apartment values below

Total property value (land + buildings) for property 01000050019

Apartment values (23 units)

TypeArea€/m²

Spaces = total rooms incl. kitchen, bathroom, hallway (VZD classification)

3-space (3)42.9–56.8 m²€374

3-space(3)

42.9–56.8 m²

€374/m²

4-space (1)47.7 m²€330

4-space(1)

47.7 m²

€330/m²

5-space (4)54.8–74.3 m²€374

5-space(4)

54.8–74.3 m²

€374/m²

6-space (2)53.3–56.6 m²€356

6-space(2)

53.3–56.6 m²

€356/m²

7-space (4)48.8–102.7 m²€352

7-space(4)

48.8–102.7 m²

€352/m²

8-space (3)91–115 m²€360

8-space(3)

91–115 m²

€360/m²

9-space (2)155.5–164.9 m²€365

9-space(2)

155.5–164.9 m²

€365/m²

11-space (2)170.1–193 m²€367

11-space(2)

170.1–193 m²

€367/m²

12-space (1)143.7 m²€337

12-space(1)

143.7 m²

€337/m²

14-space (1)184 m²€366

14-space(1)

184 m²

€366/m²

Source: VZD cadastral valuation register

Degraded Building

Environmental degradation

This building is officially classified as environmentally degrading by Riga City Council. It may be abandoned, structurally damaged, or subject to mandatory repair/demolition orders.

Privātīpašums, t.sk. kopīpašums

Source: Riga City Council

Building Energy Efficiency

Worse than similar buildings

Avg. heating (3-5 yr)

122.6 kWh/m²

Last 12 months

119.9 kWh/m²

Source: Riga Energy Agency

Flood Risk

No Risk Detected

This property is not located in any known flood risk zone according to LVĢMC flood hazard maps.

Noise Level

Moderate

57 dB

Daytime: 57 dBNighttime: 47 dBSource: Riga City Council

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