Revenue house 1 656 m² in Riga, Latvia

The building, which is offered for sale and reconstruction, was built in the 16th century as a merchant's house. The house has retained an elegant façade and spacious rooms. This building is an architectural monument and is protected by UNESCO.

One of the undeniable advantages of this building is its exceptional location - on a quiet street of Old Riga, just a few steps from the Town Hall Square. The embankment of the Daugava River is nearby, and on the neighboring streets you can enjoy the atmosphere of cozy cafes and some of the best restaurants of Old Riga, which gives this place has a special color and charm.

The project includes plans to create an observation deck on the roof, accessible via a modern elevator, a court terrace, a bar and a barbecue area. It is noteworthy that after the reconstruction, the roof will be higher than all the neighboring buildings, which will provide magnificent views of the Old Town and the river. The inner courtyard of the building will also be decorated with a cozy cafe.
A project was developed to restore the building into a hotel. A team of first-class specialists worked on the implementation of this project.

Completedworks:

-Full technical survey;
-Archaeological research;
-Strengthening of the foundation and supporting structures;
-Development and approval of the reconstruction project;
-All necessary permits for the conversion of the building into a luxury hotel have been obtained.

Technical description of the building:

-Total area of ​​the land: 632.05 m²
-Total area of ​​the building: 2027 m²
-Total area of ​​floors, including partitions: 1655.6 m²
-Built-up area: 449.88 m² ;
-Number of floors: 7+1 (basement)
-Courtyard area: 60.75 m²
-Terrace area: 82 m²

Possible use of the building after reconstruction:
1. Luxury hotel.
It is planned to create:
20 comfortable rooms with an area 40 to 120 m²;
SPA area of ​​85 m² (for massages and water procedures);
Restaurant with 40 seats (in winter) and 54 seats (in summer);
Bar-lounge with 19 seats (in winter) and 30 seats (in summer);
Bar-barbecue with 10-15 seats and a terrace for observation;
Conference hall for 20 persons;
Park area with a cafe (there is a verbal agreement with the Riga City Council on the creation of a park area).
2. The building can be used as a 3- or 4-star hotel, with a large number of rooms compared to a luxury hotel.
3. The building can be reconstructed into a residential building.