House 1 936 m² Riga, Latvia

Latvia, Riga
$1,87M
$965/m²
;
ID: 1910752
Property ID on Realting
In CRM: 20407
ID of the ad on the website or in the company’s CRM
Last update: 07/02/2025

Location

  • Country
    Latvia
  • State
    Vidzeme
  • City
    Riga
  • Address
    Jeruzalemes iela

Property characteristics

Building parameters

  • Number of floors
    Number of floors
    6
  • Floor
    Floor
    1
  • Total area
    Total area
    1 936 m²

Description

Investment Offer: Land Plot in Riga City Center with High Development Potential Location: Jeruzalemes Street 3, in the active center of Riga, within the block bordered by Jeruzalemes, Dzirnavu, Antonijas, and Elizabetes streets. Land Plot: Area: 1936 m² Construction Status: Fully cleared (ready for development) Zoning: City Center Development Zone (JC3) Permitted Uses: High-density mixed-use development with diverse commercial functions Residential apartment buildings (at least 60% of total development) Office buildings Retail and service facilities Tourism and leisure establishments Sports facilities Healthcare institutions Well-designed public spaces Construction Regulations: Perimeter construction guidelines Allowed building height: 6–7 floors Utilities: Full access to city infrastructure (water, sewage, electricity, gas, internet). Investment Advantages: ✔ Prime location in Riga city center: High accessibility and well-developed infrastructure. Close to major transportation arteries, cultural, and business hubs. Attractive for both residential and commercial purposes. ✔ Multi-functional development opportunities: Flexibility to develop various business models, including apartments, offices, retail spaces, or mixed-use projects. High added value through intensive mixed-use construction. ✔ Fully prepared for development: Cleared land, saving time and resources. Defined building regulations and approved height limits. ✔ High return potential: Growing demand for quality residential and commercial spaces in central Riga. Opportunity to generate stable rental income or profit from property sales. Potential Development Scenarios: Residential apartment complex with commercial premises on the ground floor. Business center with office, retail, and service areas. Tourism and leisure facility (hotel, SPA complex, etc.). Mixed-use project combining residential, commercial, and public spaces. Financial Information: Price and investment details will be discussed individually, considering investor preferences and project specifics. Why Choose This Project? This land plot offers a unique investment opportunity in Riga’s city center, where demand for high-quality residential and commercial spaces continues to grow. Its excellent location, flexible usage possibilities, and clearly defined building regulations ensure long-term profitability and high investment returns. ⏳ Don’t miss this outstanding investment opportunity in the heart of Riga! Contact Information: ? Phone: 22304489 ? Email: ? Address: Lāčplēša Street 57

Location on the map

Latvia, Riga

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