Palmu iela 18, Rīga, LV-1006

Rīga, Latvia·01000860287001

€760/m²

avg from 16 apartment sales

Total Area

2,447 m²

Built

1966

Type

House

Floors

Material

Dzelzsbetona, betona bloki

Condition: V3Building area: 2,447.1 m²Volume: 8,467 m³

Deals History

(16)

Avg €760/m²Median price €31,000

DateFloorApt areaTotal areaRooms€/m²Land shareLand m²Price

12/11/2025346.6 m²45.7 m²2€644——€30,000

12/11/2025Floor 346.6 m²2 rooms

€644/m²

€30,000

18/07/2022325.6 m²25.6 m²1€1,055——€27,000

18/07/2022Floor 325.6 m²1 room

€1,055/m²

€27,000

15/06/2022325.6 m²25.6 m²1€7031.32%—€18,000

15/06/2022Floor 325.6 m²1 room

€703/m² · 1.32% land

€18,000

06/10/2021247.1 m²46.2 m²2€1,183——€55,700

06/10/2021Floor 247.1 m²2 rooms

€1,183/m²

€55,700

25/03/2021526.2 m²26.2 m²1€916——€24,000

25/03/2021Floor 526.2 m²1 room

€916/m²

€24,000

17/01/2020338.6 m²35.4 m²2€1,088——€42,000

17/01/2020Floor 338.6 m²2 rooms

€1,088/m²

€42,000

05/08/2019145.9 m²45.9 m²2€865——€39,700

05/08/2019Floor 145.9 m²2 rooms

€865/m²

€39,700

20/03/2018236.4 m²35.5 m²2€879——€32,000

20/03/2018Floor 236.4 m²2 rooms

€879/m²

€32,000

03/10/2017236.4 m²35.5 m²2€742——€27,000

03/10/2017Floor 236.4 m²2 rooms

€742/m²

€27,000

03/05/2017447.2 m²46.3 m²2€1,112——€52,500

03/05/2017Floor 447.2 m²2 rooms

€1,112/m²

€52,500

Listing History

(1)

For Sale

27/03/2026

€61,200

€63,920→ €61,200

51 m²·2 rooms·€1,200/m²

Recommended Rent Price

Budget

€5.3/m²

Median

€6.3/m²

Premium

€7.4/m²

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

-37% adjustment — average prices in this building are below similar buildings nearby

Based on 28 active rent listings in 22 comparable buildings in Rīga.

Comparable:Teika·series Hrušč.·built 1956–1976·3–7 floors

Cadastral Value

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

€22/m²Total: €53,328

Building average — see per-apartment values below

Total property value (land + buildings) for property 01000860287

Apartment values (43 units)

TypeArea€/m²

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

4-space (5)25.9–48.9 m²€612

4-space(5)

25.9–48.9 m²

€612/m²

5-space (3)25.6–26.4 m²€605

5-space(3)

25.6–26.4 m²

€605/m²

6-space (11)34.3–49.1 m²€602

6-space(11)

34.3–49.1 m²

€602/m²

7-space (20)36.1–54.5 m²€609

7-space(20)

36.1–54.5 m²

€609/m²

8-space (4)56.1–58.3 m²€608

8-space(4)

56.1–58.3 m²

€608/m²

Source: VZD cadastral valuation register

Building Energy Efficiency

Better than similar buildings

Avg. heating (3-5 yr)

124 kWh/m²

Last 12 months

121.2 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

62 dB

Daytime: 62 dBNighttime: 52 dBSource: Riga City Council

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