Mazas Juglas Street

RIX | Riga

Elevated Living

Grounded Values

View Photos Watch Film 360° VTour Open House

Ilze Mazurenko

Presented At

€5,900,000

Bedrooms

Living

13,196

SQFT

Fireplace

High Ceiling

Cinema

Fitness Center / Gym

Wine Cellar

Basement

Sauna

Terrace

Garage

Parking

Garden

Pool

Water View

Renovated

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Mazas Juglas Street

RIX | Riga

Mazas Juglas Street, Riga, RIX, Riga, Latvia. , RIX , Riga

Zelustes Manor

The historic Manor Zēluste, located on the shore of Lake Jugla, is offered for purchase, with adjacent plots of land, the total scale of this property is 38 682 sq.m. The manor was built in the first half of the 19th century and nowadays is labelled as one of the cleanest and most elegant manor’s in Riga. Estate’s name, translated from German, means “lake joy”, which is not far from the truth, because until the beginning of the 20th century Zēluste was Riga’s residents’ favourite place to drive out to. The proximity of water and forest, fresh air and being located just a 30 minute drive away from the center of Riga make this place wonderful. It is located in a lovely location and is filled with history. It is not for nothing that the building has been renovated and is currently labelled as a monument of national importance. The Zēluste’s Manor’s complex houses 2 residential buildings with 5 ancillary buildings. The main manor building, which is 1225.9 m2 large, has a newly built underground basement floor with a large terrace from which one can observe the wonderful view of Lake Jugla. Rooms are filled with daylight. The property has celebration rooms, a cinema, a spacious pool room, a sauna, changing rooms, a wine cellar and other rooms. The property also has such additions as 2 scenically beautiful private beaches, a boat dock, a garage with 8 parking spaces, a observation tower, 2 romantic pergolas, a pond with an outdoor sauna, a smokehouse and a fire oven, a beautiful garden, a security room, and a separate apartment for the housekeeper. On the first floor of the large house there are three bedrooms, and on the second floor a master bedroom and a guest room. There are 5 apartments set up in the small house, each of them has private a kitchen and a bathroom. The building and the surrounding area was last restored with the utmost understanding and care in 2006.

Exterior

Property

Gallery

3D Street View Tour

Property Location

Mazas Juglas Street, Riga, RIX, Riga, Latvia., RIX Riga

Local Weather & Climate

RIX, Riga

Current Conditions Updated recently

55 °F

Clear sky

Feels Like 53°F

Humidity 59%

Wind 21 mph

Visibility 6.2 mi

Sunrise 4:44 AM

Sunset 4:20 PM

5-Day Forecast

Fri 13 Mar

Clear

High 55°

Low 46°

Sat 14 Mar

Clear

High 56°

Low 44°

Sun 15 Mar

Clear

High 53°

Low 41°

Mon 16 Mar

Rain

High 45°

Low 40°

Tue 17 Mar

Rain

High 42°

Low 38°

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

Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

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.
Tax benefit calculations are simplified estimates based on general assumptions for Eurozone. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Eurozone tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

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$5,900,000

Mazas Juglas Street, Riga, RIX, Riga, Latvia.

RIX, Riga

9 Beds

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Market Opinion

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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.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $590,000,000 20% down ($118,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$50,699/day

Your home may appreciate while you sleep

$355,865/week $1,542,081/mo $18,504,976/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

-$324.7M

+$460.5M

$460.5M Potential Equity

vs $324.7M lost to rent over 10 years

$118.0M Down Payment Growth

3.9x

10yr

$460.5M

8.1x

20yr

$953.5M

12.6x

30yr

$1,490.1M

Wealth Comparison

×3,548

Equivalent to 3,548 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $1,490.1M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $694.8M +18%

Market $803.5M +36%

Optimistic $927.2M +57%

$460.5M est. equity

20 Years

Conservative $818.3M +39%

Market $1,094.2M +85%

Optimistic $1,457.1M +147%

$953.5M est. equity

30 Years

Conservative $963.7M +63%

Market $1,490.1M +153%

Optimistic $2,289.8M +288%

$1,490.1M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does Mazas Juglas Street, Riga, RIX, Riga, Latvia have?

This house at Mazas Juglas Street, Riga, RIX, Riga, Latvia features 9 bedrooms with 13,196 square feet of living space.

What is the size of Mazas Juglas Street, Riga, RIX, Riga, Latvia?

This property offers 13,196 square feet of living space.

What is the listing price for Mazas Juglas Street, Riga, RIX, Riga, Latvia?

This property is listed at $590,000,000, which equals $44711 per square foot.

Is now a good time to buy a home in RIX?

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.

What type of property is Mazas Juglas Street, Riga, RIX, Riga, Latvia?

This is a house located in RIX, Riga. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: