Multi-storey residential house project in the Centre of Riga City.
Luxury location, for high class residential building.
Land area 961 m², Most of demolishion works are done as well as all preparation works are
finished (geology, topography etc.);
Currently all construction works are on hold and several project solutions are available. Property has valid construction permit and technical project.
Total area of planned buildings planned 2,382 m².
According to current plans number of storeys of 2 buildings are 4 and 6 storey, number of apartments: 16.
Approximate realization expenses
– Construction costs: 1000–1100 EUR/ m²
Realization income
– Sales of apartments: 3,000- 3,300 EUR/ m²
– Sales of parkings: 40,000 EUR/parking