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The new residential house development Dzilnupites in Babite…

370,000 €
  • Land area
    16,000 m²
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The new residential house development “Dzilnupites” covers an area of 1.6 hectares and offers 27 individual plots. Detailed planning and urban communication projects are already developed and approved. Road construction project is approved by Municipality of Babite. The top layer of black soil from the entire area of the road has been already removed. The largest Latvian electric utility company Latvenergo will carry out power installation works. There is a conclusion of Latvenergo experts concerning to the specific requirements of cables installation. Boundary plan are made for each land plot, and according to the requirements of Municipality of Babite, after the completion of the first project stage, registration numbers will be assigned for land plots. A property located in Babite municipality close Riga and Jurmala. The property consists of 27 parceled land plots for construction of private cottages or detached family houses. This new housing development site is located in a beautiful nature spot away from the hustle and bustle of the city while benefiting from a well developed infrastructure. Village for new residential houses development is located two kilometers from the center of Pinki and 800 meters from Liepaja route, near a bus stop, school bus goes to school and kindergarten in Pinki. Distance to Jurmala 7 minutes by car, distance to Riga 15 minutes, distance to the airport ‘Riga’ 10 minutes by car. There is possible to build a pond of 4000 m² and a depth of 4 meters. 5 land plots of the total amount located on the river bank.

Extra opportunities

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

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

You can see more land for sale in Old Riga elsewhere on our website.

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      FAQs
      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

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      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

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