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Land in Riga center with building permit for sale!

650,000 €
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Land area: 1,228 m²
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The land site of 1228 m² total area is located in the historical centre of Riga City in Ģertrūdes Street. A beautiful landscape of the towers of the Old Town can be viewed from a potentially new building as there are no multi-storied buildings erected opposite the land site. Good location, only 15 minute walk till central station and old town, few steps to the nearest shops, banks, schools etc. Well developed transport infrastructure. On the land there is a house for renovation or deconstruction, 800 m², for 10 apartments, built in the end of the 19th century.

The land site is secured with a developed and agreed technical design for licensed construction work of a multi-storey residential house.

Valid construction permit until July 2019 with possibility to extend it for three more years. Ready to start construction works.

Total area of the building after reconstruction, including the building being reconstructed — 1800 m², located in 6 storeys.

Number of parking lots — 20. Number of apartments — 29.

Saleable area of apartments, excluding balonies and terraces — 1530 m².

Please contact us to find out more infomation about this amazing offer!

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

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Enquire about this development land
Anatoliy Onufriev
Anatoliy Onufriev
Real Estate Expert Tranio in Central District
+44 20 3608 1267
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