Investment Project - Land with Apartment Building Complex
Address: Maza Krasta Street 73A, Riga
We are pleased to present an exceptional investment opportunity in the heart of Riga, Latvia. This project encompasses a land plot with an approved construction project for an apartment building complex. The details of the project are as follows:
Land Plot:
Total Area: 5182 m2
Cadastral Number: 0100 048 0105
Current Use: Vacant land plot
Project Overview:
Minimum construction project has been approved
Building permit is already opened
Building 1:
78 apartments in total
Apartment Breakdown:
Studio: 23 units
1-bedroom: 51 units
2-bedroom: 4 units
Building 2:
52 apartments in total
Apartment Breakdown:
Studio: 12 units
1-bedroom: 30 units
2-bedroom: 10 units
Transaction Structure: Share / Asset deal
Price: 790,000 EUR
Location:
The property is ideally located in Riga's city center, offering convenient access to various amenities and attractions, including:
Shopping centers MOLS, Depo, and other retail outlets
Stokker: approximately 200 m
Recreation center LIDO and sports arena: approximately 500 m
Old Town: approximately 2 km
Riga central station: approximately 1.5 km
Riga central market: approximately 1.5 km
Medical centers: approximately 100 m
Easy access to private and public transportation
Project Details:
Land Plot Area: 5182 m2
Gross Building Area (2 houses): 5592.4 m2
Gross Leasable Area (GLA): 4990 m2
Floors: 5
Total Apartments: 130 (1-, 2-, 3-room configurations)
Parking Spaces: 64
Building 1:
Gross Building Area (GBA): 3448.4 m2
Gross Leasable Area (GLA): 3103 m2
Apartments: 78
Building 2:
Gross Building Area (GBA): 2144 m2
Gross Leasable Area (GLA): 1887 m2
Apartments: 52
This investment opportunity offers great potential for high returns in a prime location. Don't miss out on this chance to be part of Riga's thriving real estate market. For more information or to arrange a viewing, please contact us.
