Investment land in Kurzeme District

1,100,000 €

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Key project parameters

Project description

Plot of land in Riga by the river.

Kipsala, Balasta Dambis 14/16 on the bank of the River Daugava with a view of the old Riga.

Plot area: 1758 m²

Permitted building intensity: 220%

4 floors

According to the city development plan, it is located in zone C — in which commercial, residential or mixed development is allowed.

Available project on visualization:

Total internal floor area in the building: 4030 m²

Area of apartments in the building: 2425 m²

Area of terraces in the building: 738 m²

Area of common areas in the building: 227 m²

Floor area of the new building: 4 floors

Number of underground parking spaces: 24

Building intensity: 198%

Location overlooking the river and the Old Town.

Exit to the city beach.

50 meters from the yacht club.

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Extra information

Car parks

Tenants

Agreement: n/a

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annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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How we help investors

Analysing the needs

We use a methodology that enables us to formulate requests and find good deals in the market

Developing a strategy

We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment

Providing transaction support

We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account