On the 4 floors of the building there are office spaces, conference rooms, bathrooms; on the upper, attic floor of the building, a cafe is planned. The useful area of the proposed building is 1750 m2. Planned office space: from 20 m2 to 83 m2. It is possible to adjust the area to the specific needs and wishes of customers. Ceiling height is 3m. All rooms will be equipped with a modern air conditioning system, all offices will have telephone, Internet and TV connections. The panoramic windows will offer a wonderful view of the green landscape of Pardaugava. At the underground level of the building, there will be 25 parking spaces for office workers and customers.
By additionally investing in this project a tenth of the cost of the building, namely 10% (250,000 euros), it is possible to increase the usable area of the building to 2500 m2, according to the requirements and wishes of the client.
In this case, the construction costs, including the purchase of land, will amount to 2,750,000 euros. Taking advantage of the maximum opportunities to increase the usable area of the building to 2500 m2, the projected cost of the office building after completion will be approximately 5 million euros. The calculations were made on the basis of comparative methods and calculations of real estate companies, taking into account trends in real estate prices in the coming years. Equivalent objects in terms of space and land, which were restored on the basis of old buildings of this type, cost about 2.7 million - 3.8 million euros. Calculation formula: 100% cost of a new object, projects and buildings of the old type 50% - 70% of the cost of a new project.
Project phase:
The technical design of the building (master plan, architectural solutions and construction structures) - was accepted in 2007 by the city building management. This means that the construction of a new project can begin now, having previously obtained a building permit for a period of 12 months.
- land area - 2515 m2;
- the total area of the building - 2469 m2;
- usable area (without stairwells, lobby, etc.) It is possible to increase this area to 2500 m2 - 1750 m2;
- the number of parking spaces - 25;
- projected rent of premises for 1 m2 per month - from 10 to 14 euros;
- projected income from the rental of premises and parking spaces per month (~ 24,500 euros);
- the projected value of the office building after completion of construction ~ 5,000,000 euros;
- the construction costs of the building, including the acquisition of land ~ 2 500 000 euros;
- 12 months of construction.
Land for mixed development on Jaunpils street, in Riga, with a new office building of category B1 - "Spāres biroju centrs".
Spāres Biroju Centrs office building is a new B1 class business center, which will be located in one of the most promising areas of Riga city - Pardaugava. Due to its advantageous location from the center of Riga, the object can be reached in a few minutes, bypassing traffic jams. 2 elite office buildings A class Z-Towers are 3 minutes away. Multi-storey exclusive residential complex Panorama Plaza - 3 minutes walk, one of the largest shops of construction and household goods Depo - 10 minutes walk. The centre of Riga can be reached by car in 5 minutes (distance 4 km). Riga International Airport – 5 minutes by car (3.5 km). The famous seaside resort of Jurmala is 15 minutes drive from the property.
Allowed construction up to 4 floors inclusive. All urban communications were carried out: water, gas, electricity, etc. There are 2 main possibilities of using an office building: 1. An investment object that brings permanent income for many years from renting office space; 2. The office of the company, which operates in Riga, Latvia, the Baltic region. Technical description: in the construction of the building, reinforced concrete supporting structures and glass elements were used in the design of the facade. For interior decoration, the following materials were used: regypsum partitions painted in the selected color, or glass partitions; suspended ceilings; floors - as a basic option - soft flooring; Internet, telephone, TV, etc. are connected.
A land plot with an approved project of an office building (excluding construction costs) costs 295,000 euros. Land for mixed development, which can be used both for the construction of a private house and for commercial purposes.
