Investment in Latvia, Latvia

Latvia
Archive cost $6,62M
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Updated at: 21/07/2025

Location

Country: Latvia

Description


The property, ready for construction, is located on the left bank of the Daugava in close proximity to the continuation of the newly built South Bridge with a ready access road, which is easily accessible by public transport. The advantageous location makes the facility attractive for the development of large retail stores, possibly for mixed use, including some residential ones. Distance to the center of Riga 6 km, to Riga airport 11 km. Easy access (access from Gulbu, Bauskas, intersections of Janis Chakste and Bauskas streets).



The property consists of 2 adjacent land plots.



Land in the territory of mixed central development.

We can build:

- Apartment buildings;

- Trade and service centre;

- Office buildings;

- Educational and scientific institutions;

- Sports buildings and facilities (in part of the territory);

Enterprises operating in the field of light industry (in part of the territory);

Medical institutions (in part of the territory);

- Tourist facilities and recreation facilities (in part of the territory);

Cultural institutions (in part of the territory);

Buildings for religious organizations (in part of the territory).

A local plan is being developed that will divide real estate into smaller land plots, with a land improvement project without developing a detailed plan.

1. The current situation:

Available building intensity: 180 % (5 floors), 110 % (3 floors);

Number of floors: 5 floors, 3 floors;

Minimum free area: 30% (5 floors), 40% (3 floors);

2. After the development and approval of the local plan:

Planned building intensity: 300 % (7 floors), 180 % (5 floors);

Number of floors: 7 floors and 5 floors;

Free green area: 15% (7 floors), 30% (5 floors).



Connected communications:

- electricity (1580 kW);

- water;

- sewerage;

- gas (Gulbyu Street pipeline);

Communications networks are on the street. Gulbyu, Bauskas Street, Janja Chaxtes gatve.



Location

Latvia