Land plot 2,870 m² in Latgale Suburb

An investment land plot with a ready technical project is offered in one of Riga’s fastest-growing districts — Grīziņkalns, next to Ziedoņdārzs park. The area shows strong growth in rental and sales prices, making it a highly attractive real estate investment in Riga and the Baltic region. The project includes a modern 7-storey residential building with 180 apartments, including 140 studio units of approximately 28 m², targeting the high-demand rental market. Additional space with ceiling heights above 4 meters allows for flexible commercial or mixed-use concepts. The land plot of 2,870 m² with a total GBA of ~9,400 m² and NLA of ~6,350 m² represents a strong residential development opportunity in Riga with high yield potential.