Riga · Merķeļa iela 2

Merķeļa 2

Apartments in central Riga next to Vērmanes dārzs – fully renovated, completed 2025

  • Sale
  • 7 available units
  • Lift
Price from3 600 €/m²Areas 44–57 m²
  • Available now361 m²
  • Divisible from44 m²
  • Available units7
  • Rooms2–4
  • Completed2025

About the project

Vērmanes dārzs sits right beside this address. At Merķeļa iela 2, a historic building has been completely reconstructed, with the work finished in 2025, and its apartments are now for sale. It suits buyers who want a city-centre home with green space on the doorstep, as well as investors looking for property that holds its value.

Why this building

  • The apartments have 2 to 4 rooms, range from 44 to 57 m² and are located on floors 2 to 4.
  • Homes are delivered with a white-box finish, ready for you to design your own interior.
  • Street-facing apartments keep a period character, while those overlooking the courtyard use a restrained palette and high-quality materials.
  • Massive floor slabs give the structure stability and good sound insulation.
  • The stairwell has been restored, and a new lift and video intercom have been installed.
  • The courtyard façade is insulated and fitted with triple-glazed timber windows.
  • Every owner receives drawings of all building services, which makes future planning easier.

Setting and daily life

The enclosed courtyard has a seating area and a separate space for waste containers, so it stays tidy. Step outside and you are in the heart of Riga, with the paths of Vērmanes dārzs ready for a daily walk. Apartments with a view of the park are also available.

Apartments currently for sale, with prices, are in the “Available premises” section below – get in touch to book a viewing.

Available premises

UnitAreaFloorPricePrice €/m²StatusAction
Renovated43,6 m²2156 960 €3 600 €Available
Renovated47 m²2169 200 €3 600 €Available
Renovated47,5 m²2171 000 €3 600 €Available
Renovated52,8 m²2190 080 €3 600 €Available
Renovated56 m²2201 600 €3 600 €Available
Renovated56,8 m²2204 480 €3 600 €Available
Renovated56,9 m²4204 840 €3 600 €Available

Data updated 05.11.2026.

Key facts

CategoryNew development
DealSale
LocationRiga
AddressMerķeļa iela 2
Completed2025
StatusCompleted
Available area361 m²
Areas44–57 m²
Available units7
Rooms2–4
Floors2–4
Price from3 600 €/m²
Listing IDJP-1375

Amenities

  • Lift
  • Balcony
  • Surface parking
  • Fully finished
  • White box finish
  • Unfurnished
  • Concierge
  • Bathtub
  • Shower
  • Studio

Price position in the market

Price, €/m², compared with similar projects

750 €Middle 50%: 2 082 €–3 000 €4 388 €

Compared with: 50 similar projects on platiba.lv (new development), updated 05.11.2026

Purchase calculator

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Location

Merķeļa iela 2, Riga

Free for tenants

Get a tailored offer

Tell us what space you need — within one working day we will send a presentation with plans and prices or arrange a viewing.

REALAT commercial team
+371 22304489 · realat@realat.lv
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Project: Merķeļa 2

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