House for sale (commercial space). The property consists of land and a multi-storey building, which can be used both as an apartment house and as a guest house. The land is situated in a beautiful location by the water - Amata river. The house was built in 2008. Due to the economic situation at the time, new projects in Latvia were put on hold. Similarly, this house project was frozen and the house was conserved. The house needs interior works to be completed.

Convenient location, next to A2 national road Riga- Sigulda- Estonian border, 70 km to Riga, 10 km to Cesis, 25 km to Sigulda. Opposite the house there is a children's playground. 

The building has 3 floors and an attic floor. The yard is paved. There is an asphalted road leading to the house. The surrounding area has various additional development possibilities, whether the property would be used as an apartment building or as a hotel or guest house. 

The total area of the building is 2 756 m2, the land area is 6 848 m2. The building has all communications - electricity, water, sewerage. Central heating system. 

This type of real estate is an excellent investment property. It is possible to build 28 flats or guest rooms in the building. The apartments can be sold or rented out once the renovations are completed. Apartments in Cesis cost from EUR 1 000/m2. In its current state, the property is priced at only EUR 140/m2.

The guest house "Bille" and the Bille HPP are nearby. 700 metres away is the café and guest house "Melturi", which is reached by a scenic pedestrian and cycling path that crosses the Amata River on a beautiful bridge.

Feel free to contact us for more information about the site. Here is a bird's eye video.



Type of property Investment property
Deal type For sale
Area of premises 2756 m²
Land area 6848 m²
Property ID K-4
399 000 €
145 €/m²

Agent in charge

Ivars Rubenis

+371 2923 3174

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