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Perfect investment opportunity in new building project

 Region: Riga

 Price: EUR € 0

 Bedrooms: 0

 Property Type: Commercial Property

 Development State: Developed


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Amenities: Shops, Bars & Restaurants, Nightclubs / Casinos, In City
Description:
The property is located in 1.8 km distance from the Riga old town, in a quiet and green residential area, that was developed already over a century ago. A jugend style 4-storey building, built 1908, enhances the value of the property.

In co-operation with famous Latvian architectural bureau , a residential area project for the property has been developed. In addition to the existing building, the project provides for three new modern residential buildings. The residence shall have a common underground car-park and a private inner courtyard.

The building permit for the project is granted in april 2007.

Total area of property: 4024 m2
Area of jugend style building on the property: 2584 m2
Total net area of the apartments in the project: 8389 m2 (incl business area 489 m2)
Number of apartments: 96
Number of parking lots: 109



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