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We offer an investment land plot with a ready-made technical project in one of the most dynamically developing areas of Riga - Grizinkalns, near the Ziedondars Park. The location demonstrates a steady increase in rental and sale prices, which makes the property attractive for real estate investments in Riga and the Baltic region.
The project envisages the construction of a modern 7-storey residential building with 180 apartments, including 140 studios with an area of about 28 m2, focused on the highly liquid rental segment. In addition, rooms with a ceiling height of more than 4 meters, suitable for commercial or multifunctional use.
The 2,870 m2 plot with a total development of about 9,400 m2 and a usable area of 6,350 m2 is an effective investment offer in Riga with a high potential for profitability and value growth.