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A plot of land for residential development in Riga

260,000 €
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Total area: 43 m²
  • 5-floor building

A plot of land for residential development in Riga with approved multi-apartment building construction project is offered for sale. The project provides 45 apartments:

- Studios — 5 units (43 m²),

- One-bedroom — 17 units (54-60 m²),

- Two-bedroom — 18 units (74-80 m²),

- Three-bedroom — 5 units (3 units -104 m²; 2 units -128 m²).

Three-bedroom apartments can be divided into studio-, one- and two-bedroom flats increasing the total number of apartments up to 50 units.

Total building area — 4950 m².

Living area — 3400 m² (3200 m² — apartment 200 m² — balconies and loggias).

Basement area — 1400 m² (includes 38 parking spaces and 28 storage rooms for residents).

According to new amended terms of construction law, 25 parking spaces are sufficient for the project. Therefore underground parking can be reduced till 900 m² of parking area (for 19 cars: 1 parking space for 2 apartments is allowed) and 28 utility rooms. At the same time it is possible to increase car yard parking up to 10–12 vehicles.

Building permit is valid until February 2015. For more information about this excellent investment offer, please contact us by phone or e-mail.

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

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Georgiy Buznik
Georgiy Buznik
Real Estate Expert Tranio in Riga
+44 20 3608 1267
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