This exclusive property sits on the bank of the Baltezers Like in one of the most desirable private home districts near Riga. The land plot is roughly 2,015 m² and lies just 10 km north of the capital (about 15–20 minutes by car), with the town of Ādaži 3 km away and Jugla district 10 km. Riga International Airport (RIX) – 27 km. The site combines the tranquillity of lakeside living with quick access to the city and the Via Baltica highway for effortless trips to Jurmala, Estonia and other Baltic destinations. The Baltezers Like, only about 25 m from the property boundary, connects directly to the clear Little Baltezers Lake – one of the cleanest lakes in the region – and the shoreline can easily accommodate a private boat slip or small marina for watercraft.
Set on the land are two substantial brick structures built in the 1990s and now registered for use. The main four‑storey residence encompasses around 299 m². Its ground floor houses a spacious garage, while the upper floors feature four habitable rooms, a separate kitchen and several bathrooms. Traditional plank and parquet floors are in good condition, and one of the second‑floor rooms opens to a balcony. Multiple entrances allow access from both sides of the house. A classic masonry stove with a heat‑retaining wall remains intact and could be transformed into a feature fireplace. Some construction work inside remains incomplete, so additional investment will be needed to finish and modernise the interiors to your taste.
A second brick outbuilding of approximately 62 m² provides further versatility. This two‑storey structure includes two separate garages on the ground floor and a 27 m² relaxation room on the upper floor complete with a fireplace. Both buildings currently rely on an on‑site borehole and private sewerage system, but connections to municipal water and sewage are available.
The electrical supply is three‑phase (25 A), and the property has wide gates providing driveway access from two sides. There is plenty of space around the buildings for landscaping, additional parking or even future extensions, and the absence of any encumbrances simplifies ownership.
Beyond the built structures, the parcel offers scope for new development. The combination of ample land and direct water access is ideal for creating a boutique guest house, wellness retreat, recreational complex or a luxury private residence. Investors may also purchase the neighbouring land 3005 m² plot to expand the project, allowing for a larger multi‑unit development, cottage village or hotel complex. Baltezers already hosts several high‑end private homes as well as the new project “The Pearl, ” underscoring the area’s exclusivity and continued demand for quality waterfront properties.
The property qualifies for Latvia’s residence‑by‑investment programme; foreigners who acquire real estate worth at least € 250,000 plus a 5% state fee are eligible for a five‑year residence permit, providing freedom of movement within the European Union.
Latvia’s real estate market has shown steady growth—average housing prices rose about 8% year‑on‑year in 2024.
—while the country still offers comparatively low purchase prices and a reasonable cost of living.
This makes the Baltezers canal site especially attractive to European and non‑EU investors seeking a secure store of capital with potential for appreciation or rental income.
Whether you envision building a boutique hospitality business, a multifaceted tourist complex or a luxury home, this likel‑front land offers unparalleled potential. Swimming and fishing are excellent thanks to the clear water; the surrounding pine forests provide hiking and nature experiences right outside your door. Please contact us to discuss your plans or arrange a viewing; comprehensive information, including site plans and further land details, is available on request.
