Ranka Dambis 34, Riga, RIX, Riga, Latvia. - Hero Image
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Ranka Dambis 34
RIX | Riga

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Agris Jakobsons
Agris Jakobsons
Presented At
€515,200
Bedrooms
3
Bathrooms
2
Living
1,389
SQFT
Washer Dryer
Library
Office
Elevator
Walk In Closet
Air Conditioning
Garage
Balcony
Parking
Terrace
Panoramic / Scenic View
Investment Property
New Builds
Equestrian
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Ranka Dambis 34, Riga, RIX, Riga, Latvia. , RIX , Riga

Premium Apartment With Panoramic View At "Philosopher Residence"

We offer for purchase an exclusive 4-room apartment in the prestigious ”Philosopher Residence” project – a gem on the 19th floor with breathtaking panoramic views of Old Riga, the Daugava River, Zunda Towers, and the parks of Āgenskalns with the Panorama Ferris Wheel. This 129 sqm apartment, with a spacious 34 sqm terrace, is fully equipped with high-quality interior finishes and furniture, ensuring top-level comfort and elegance. Thoughtful and Comfortable Layout: Spacious living room with panoramic windows offering a view of Old Riga, seamlessly connected to a Scavolini designer kitchen, equipped with top-tier appliances and designer furniture. Master bedroom with a private bathroom and walk-in closet. Two additional rooms, suitable as bedrooms, an office, or a relaxation area. Second fully equipped bathroom with modern sanitary fittings. Large terrace, perfect for enjoying sunrises and sunsets over the city skyline, peaceful breakfasts, or evening cocktails. Top Quality and Exclusive Design: 3-meter high ceilings, creating a sense of spaciousness and light. Natural wood flooring, exclusive tiles, and premium-class furniture. Custom-designed lighting solutions. Large panoramic windows, ensuring natural light and an unparalleled view of the city. ”Philosopher Residence” – Ultimate Comfort and Security: Concierge services, providing maximum convenience for residents. A++ energy-efficient windows with excellent sound and thermal insulation. Individual heating and cooling system with advanced climate control. Ventilation and air exchange system. Security system with 24/7 surveillance and monitoring. Elegantly designed entrance hall with high ceilings, lounge areas, and a library. Prime Location: 20-minute walk to Old Riga. 15-minute drive to the international airport. 20 minutes from the seaside resort town of Jūrmala and a golf course. Close to business centers, prestigious educational institutions, restaurants, and shopping centers. Additional Amenities: Underground parking with direct elevator access included in the price. Guest parking, ensuring easy access for your visitors. Landscaped surroundings with green areas and relaxation spots. A Great Long-Term Investment: This apartment is an ideal choice for those seeking a prestigious home that also represents a solid long-term investment. With premium-quality finishes, energy-efficient technologies, and a highly desirable location, this property will maintain its high market value and offer stable income through long-term rental opportunities. As Pārdaugava continues to develop its infrastructure and business centers, this is one of the most promising investment areas in Riga. Call or write to arrange a viewing and discuss individual transaction terms!

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Map showing Ranka Dambis 34, Riga, RIX, Riga, Latvia.

Property Location

Ranka Dambis 34, Riga, RIX, Riga, Latvia., RIX Riga

Local Weather & Climate

RIX, Riga

Current Conditions Updated recently
45 °F
Broken clouds
Feels Like 42°F
Humidity 79%
Wind 6 mph
Visibility 6.2 mi
Sunrise 4:31 AM
Sunset 4:31 PM
5-Day Forecast
Wed 18 Mar
Clouds
High 47°
Low 37°
Thu 19 Mar
Clouds
High 49°
Low 34°
Fri 20 Mar
Clouds
High 41°
Low 33°
Sat 21 Mar
Clear
High 49°
Low 33°
Sun 22 Mar
Clouds
High 51°
Low 39°
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

€
%
€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. 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: $51,520,000 20% down ($10,304,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$4,427
$4,427/day
Your home may appreciate while you sleep
$31,075/week $134,658/mo $1,615,892/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 💸 -$28.3M
vs
OWN 📈 +$40.2M
$40.2M Potential Equity
vs $28.3M lost to rent over 10 years
$10.3M Down Payment Growth
3.9x
10yr
$40.2M
8.1x
20yr
$83.3M
12.6x
30yr
$130.1M
Wealth Comparison
×310
Equivalent to 310 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $130.1M
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 $60.7M +18%
Market $70.2M +36%
Optimistic $81.0M +57%
$40.2M est. equity
20 Years
Conservative $71.5M +39%
Market $95.5M +85%
Optimistic $127.2M +147%
$83.3M est. equity
30 Years
Conservative $84.2M +63%
Market $130.1M +153%
Optimistic $199.9M +288%
$130.1M 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 Ranka Dambis 34, Riga, RIX, Riga, Latvia features 3 bedrooms with 1,389 square feet of living space.
This property offers 1,389 square feet of living space.
This property is listed at $51,520,000, which equals $37091 per square foot.
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.
This is a apartment located in RIX, Riga. The property is situated in an established neighborhood with convenient access to local amenities and services.
Agris Jakobsons

Agris Jakobsons

Latvia Sotheby's International Realty

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