Investment in Riga, Latvia

Latvia, Riga
$991,825
;
ID: 3424446
Property ID on Realting
In CRM: 94705
ID of the ad on the website or in the company’s CRM
Last update: 27/05/2025

Location

  • Country
    Latvia
  • City
    Riga
  • Address
    Mailes iela

Description

We offer for sale land (two plots) in the prestigious district of Riga - Mezhapark.

The total area of two plots is 3507 sq.m. (2507 m2 + 1000 m2)
The purpose of using a land plot is a multi-storey residential or commercial development with an intensity of 130% and the number of floors - 5.

Nearby is Kishäzers Lake, Zoo, Keysermezhs Sports Complex, tennis courts, forest.
In the area, infrastructure is constantly developing, bicycle and treadmills are being laid. It's only 15 minutes from downtown.
The plots are ideal for a residential complex of club apartment buildings or a commercial facility of 5 floors.
The plots developed a sketch project - it can be as a single complex of several (two or more) houses, where the project will be developed by one architect (architectural ensemble).

It is possible to build an embassy residence, private estate, hotel, sports complex, SPA.
Nearby, it is planned to build a new residential building (there is an approved project with a building permit).






Option A (3 or 4 homes)


Total area of the 1st house - 1015.0 m2
Useful area of the house - 849.4 m2
Building area - 189.3 m2
The volume of the building - 3514 m3
Number of floors: 5 + cellar
Number of apartments - 17
Average square area - 35.0 m2
Area of floors of the 1st house - I floor - 135.4m2, II floor - 157.5m2, III floor - 162.8m2, IV floor - 162.8m2, V floor - 161.7m2, Basement - 69.3m2
Total area of 4 houses - 4200 m2
Useful area of 4 houses - 3394.6m2
All city communications, elevator, balcony for each apartment, car parking

Option B (2 houses)




The total area of the house is 4985.1 m2
Useful area of the house - 3259.3 m2
Building area - 1055.3m2
Number of floors - 5 + cellar
Number of apartments - 28
Number of parking lots - 29
Average area of sq. - 100.0 m2

Floor area - I floor - 1006.6m2, II floor - 697.7m2, III floor - 697.7m2, IV floor - 697.7m2, V floor - 878.8m2, Basement - 1006.6m2


All city communications, elevator, balcony for each apartment, underground parking


The profitability of the project is 43%. For more information please contact us!













Location on the map

Latvia, Riga
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