A plot of land for residential development in Riga...

Listing For
Property Type
Villa / House
Property Status
New Build
 260,000 EUR  


Riga - Riga



A plot of land for residential development in Riga with approved multi-apartment building construction project is offered for sale. The project provides 45 apartments:

- Studios - 5 units (43 м²),
- One-bedroom - 17 units (54-60 м²),

- Two-bedroom - 18 units (74-80 м²),

- Three-bedroom - 5 units (3 units -104 м²; 2 units -128 м²).

Three-bedroom apartments can be divided into studio-, one- and two-bedroom flats increasing the total number of apartments up to 50 units.

Total building area - 4950 м².
Living area - 3400 м² (3200 м² - apartment 200 м² - balconies and loggias).

Basement area - 1400 м² (includes 38 parking spaces and 28 storage rooms for residents).

According to new amended terms of construction law, 25 parking spaces are sufficient for the project. Therefore underground parking can be reduced till 900 м² of parking area (for 19 cars: 1 parking space for 2 apartments is allowed) and 28 utility rooms. At the same time it is possible to increase car yard parking up to 10-12 vehicles.

Building permit is valid until February 2015. For more information about this excellent investment offer, please contact us by phone or e-mail.

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