Investment in Jurmala, Latvia

Latvia, Jurmala
€569,500
;

Location

  • Country
    Latvia
  • State
    Vidzeme
  • City
    Jurmala
  • Address
    Konkordijas iela

Property characteristics

Property parameters

  • Price per m²
    Price per m²
  • Floor
    Floor
    1
  • Rooms
    Rooms
    2

Building parameters

  • Number of floors
    Number of floors
    3

Interior details

Interior Features:

  • Balcony

Exterior details

Exterior features:

  • Terrace

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.
Updated at: 01/11/2024

Location on the map

Latvia, Jurmala
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