Investment in Jurmala, Latvia
Location
Property characteristics
Property parameters
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Price per m² -
Floor1 -
Rooms2
Building parameters
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Number of floors3
Description
Investment project: land with a project in the center of Jurmala, near the sea, Jomas street and the Dzintari concert hall!
Project idea – construction of a residential building with 9 apartments, harmoniously blending into the surrounding landscape. According to the architect's concept, all pine trees on the site will be preserved.
Pros:
- Juras street is located in the very center of Jurmala
- all infrastructure is nearby
Purpose of use – apartments, hotel:
- Number of floors – 2.5 floors.
- Intensity of development – 80%,
- Density – thirty%.
- The built-up area of the site (floor) is approximately 465 m2.
- Total area without basement – 1208.3 m2.
- Total area of the apartments (8-9) – 890 m2
- Basement area -600 m2
- Cost of the plot – 1,600,000 Euro
The total costs of implementing the project for gray finishing (including all expenses and the purchase of land) are: 3,228,000 EUR.
CALCULATION OF RETURN OF INVESTMENT:
The profitability of the project after its implementation is 51%.
For detailed information on this proposal, please contact us.
This land plot is located on the corner of Yurasi Theater streets, in the very center of Jurmala & ndash; Majori.
The territory of the plot is located surrounded by private houses of recreation complexes. The house is no more than 50 meters, approximately the same as Jomas street.
Area of the land plot–1537 m.
