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Investment Project: A new development of 8 semi-detached family houses close to the banks of River Daugava!

850,000 €
  • Land area
    3,465 m²
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Features
  • 3-floor building

- Land plot: 3465,0 sq. m.;

- Part of land plot which is situated in the street red lines and no rights to perform capital constructions (red lines): 750,0 sq. m.;

- Useful land plot: 2715,0 sq. m.;

- Total net building area for 8 semi-detached houses, incl. terraces: 1935,8 sq. m.;

- Total building area for 8 semi-detached houses: 2469,3 sq. m.

Description of Construction Design

Developed in the stage of Technical Project, accepted with ”Red” stamp. Architectural and Planning Task has been received. The land plot is free from existing constructions.

Utilization of land plot

The primary usage of land plot is construction of residential buildings.

The main conditions for construction

The maximal intensity for construction of land plot: 60%, number of floors, height: 3 floors.

Utilities

In the close vicinity land plot has all utilities: Electricity, Gas, Water, Drainage.

Additional information

Developed project for construction of semi-detached houses includes:

- Living area of row-houses: 1935,8 sq. m.;

- An area for underground parking: 533,5 sq. m.;

- Total area of row-houses: 2469,3 sq. m.;

- Number of sections of row-houses: 8;

- Number of spots of underground parking: 13;

- Number of floors: underground: 1; overground: 3;

- Investment period: 3 years.

Please, contact us in order to get more detailed information about this Investment Project.

Riga (Ķīpsala). The property is located near the Historical Centre of Riga at the prestige area of Riga. Also, Ķīpsala is included in the list of UNESCO as an inheritance of world’s culture because of their specific models of wood architecture. The unique location of Ķīpsala allows you to be in the very middle of downtown, and in the same time, it keeps extraordinary aura of provincial town within green environment and low-rise residential buildings. The closeness of largest Latvia’s river Daugava make possible to enjoy relaxation both at and over the water.

In direct closeness of the property are advanced infrastructure — elitist private houses, villas and low-rise residential buildings, prestige school, restaurant, dock for motorboats and yachts. There are available sports complex with swimming pool, hotel ”Islande Hotel”, supermarket ”Olympia”, international exhibition hall “Ķīpsala”, modern bank’s building ”Saules akmens”. There are already developed semi-detached house project. Besides, close to this area are planned building processes for several significant residential and business buildings, for example, multi-functional buildings “Elipse tower”, “Riverside Plaza” and “DA VINCI”, Riga’s concert hall, business centre “Z TOWERS”.

The land plot has a border with the street existing in the project behind which lies branch of coast line of river Daugava where you can establish dock for motorboats, small sailboats and yachts.

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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    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

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

You can see more terraced houses for sale in Kurzeme District 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.

      • How does the purchase procedure work?

        The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

      • 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.

      • Can I obtain income from a seaside apartment?

        Yes. You can use the purchased property yourself for holidays and lease it to tourists for the rest of the time. To avoid the hassle of finding tenants and cleaning the property, it’s a wise idea to hire a management company to do all the work – these services usually cost about 20% of the rent. Take into account the length of the tourist season in the location you choose: in certain regions it will be easy to rent apartments out all year round, while in others it might only be possible to do so during the high season.

      • How does Tranio make money if your service is free for the clients?

        We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

      • Who guarantees the transaction security?

        The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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