Investment 2 815 m² in Jurmala, Latvia

We offer for sale an attractive investment project in the center of Jurmala - on Dzintaru Avenue. The unique location - the prestigious area of Dzintari, within two minutes walk from the famous tourist street Jomas, Dzintari concert hall and of course the white sandy Jurmala beach. Next to the recently restored forest, «Dzintari» park with numerous pedestrian passages and modern playgrounds. Surrounded by luxury multi-floor projects designed in unique style from Jurmala wood architectural. At this time the property consists of a plot of land - 3,459 m2, two buildings for demolition and a residential building (a large wooden house, an ID 5254 architectural monument) for reconstruction. It is possible to implement a three-story multi-block, when rebuilding a cabin, which perfectly corresponds to the total concept of the project. Tall class floors of the project with a unique Jurmala style, an elite clubhouse, designed with verandas, decorative elements of the facade, old window frames of the style providing lots of daylight. Outside the window is the well-attended territory and the central part of Dzintaru Avenue. The floors will be with partial decoration. Area construction - 4,177 m2The apartment area - 2,815 m2The apartment sale price - 4,500 EUR per m2Total income - & euro; 13,508,400Total expenses - & euro; 9,513,676Investment period - 2.5 yearsProfit before tax - 2,697,730 eurosPlan in the application of the PDF. The project is approved for the minimum composition. Please contact us for more information.