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Big land plot for commercial use in Riga for sale!

5,560,000 €

We can help you with your Latvian residency permit application when buying a property worth €250,000 or more.

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  • Land area
    76,000 m²
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The property, ready for development is located on the left bank of the River Daugava very close to the extension of the newly constructed South Bridge with completed access road connection, easy accessible by public transport. The advantageous location makes the property attractive for big—box retail development, possibly–mixed-use, including some residential as well. Distance to the centre of Riga is 6 km, to the Riga Airport is 11 km. Easy access (access from Gulbju Str., Bauskas Str., Janis Cakste gatve and Bauskas Str. crossing).

The property consists of 2 neighboring land plots. Approved Localplan, further land subdivision is possible with Land survey project, there is no need for additional Detail plan.


Land in the mixed centre building area.

It is possible to build:

- Apartment building;

- Shopping mall and/or service facility;

- Office buildings;

- Educational and scientific institutions;

- Sport facilities and infastructure (in part of the territory);

- Light industrial enterprises (in part of the territory);

- Public health institutions (in part of the territory);

- Tourism and recreation facilities (in part of the territory);

- Cultural institutions (in part of the territory);

- Religious organizations' buildings (in part of the territory).

- Building intensity: 300% (7 floors), 180% (5 floors);

- Number of floors: 7 floors and 5 floors;

- Indicator of free green area: 15% (7 floors), 30% (5 floors). COMMUNICATIONS:

- Available communications:

- electricity (1580 kW);

- water;

- sewerage;

- natural gas (pipeline via Gulbju Str.).

- Communication networks are located on Gulbju Str., Bauskas Str., Janis Cakste gatve.

  • Property on the map
    Location right down to the building, street or city
  • Infrastructure
    Shops, schools, transport and entertainment
  • Other properties
    Other offers nearby

Statistics in Riga

Price per m², €
Healthcare efficiency level
Index 62 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
Index 62 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 1,732.56
Apartment in a bedroom community, m² 1,076.71
Transport Price, €
Public transport, 1 ride 1.15
Monthly travel card 50.0
Taxi, 1 km 0.62
Petrol, 1 l 1.25
Food Price, €
Water, 1.5 l 0.59
Milk, 1 l 0.9
White bread, 500 g 0.85
Eggs, a dozen 1.65
Chicken fillet, 1 kg 5.26
Education Price, €
Kindergarten, per month 321.67
International school, per year 10,823.53
Health care index
Staff competence 67.76
Medical equipment 70.83
Research accuracy and completeness 63.0
Attitude towards patients 60.86
Security index
Crime rate 38.04
The risk of being robbed 32.0
The risk of car theft 46.81
The risk of break-in and property damage 46.9

The data is provided by and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

More properties

If this property wasn’t for you, take a look at other investment lands for sale in Latvia.

You can see more investment lands for sale in Zemgale Suburb elsewhere on our website.

Repurposing a building into a residence hall with a forward sale in Cologne
  • €2.6M investment amount
  • 10 % yield
  • 2 years project term
Application deadline: January 30

The best development offer

Repurposing a building into a residence hall with a forward sale in Cologne

Application deadline: January 30

  • investment amount €2.6M
  • yield 10 %
  • project term 2 years

Buying and repurposing a building into a student residence with a subsequent sale. Several investors with different shares can participate. Buyers are already interested (Forward Deal).

An apartment hotel with a restaurant, a 11–12 -storey concrete building with a terrace and balconies. Total area — 4,984 m², number of units — 270.

The property is located near the centre of Cologne, 1 km away from the Agnes district. There is a traffic interchange not far from the building, the closest public transport stop is 400 m away. There are 20 different educational institutions within a 3–5 km radius. All the necessary infrastructure facilities are located within walking distance.

The expected rental flow after commissioning — €1M per annum.

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    capital placed

    10 years

    in the real estate market


    deals since 2008

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    Anna Kurianovich
    Anna Kurianovich
    Investment consultant in Zemgale Suburb
    +44 17 4822 0039
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