Landplot for development with existing cash flow in Mārupe

A perspective investment property is offered for sale in the rapidly developing and highly demanded area of Mārupe. The property combines a stable, already operating business with extensive residential development potential, making it a particularly attractive opportunity for investors and developers.

The total land area is 1.5214 hectares (15,214 m²). The property includes a building with a total area of 938.8 m², currently operating as a kindergarten and a senior day care center. The building consists of high-quality modular structures by CRAMO and has been commissioned as a permanent structure, fully compliant with operational and fire safety regulations, including a constructed fire-separating wall. The territory features a landscaped playground with rubber flooring, two covered shelters, and a spacious parking lot for 50 cars.

All city utilities are connected to the property — water supply, sewage, and electricity. In cooperation with an architect, a territory development and landscaping project has been prepared and is currently submitted to the local construction authority for approval. The project предусматривает division of the land into six separate residential plots ranging from 1,007.8 m² to 1,223.8 m² (with a total development area of 6,733.8 m²), as well as the construction of an internal road ending with a turnaround circle. After completion, the road will be transferred to the municipality and will provide convenient access to each newly created plot. The investor will be responsible for constructing the planned road and extending utilities to each land plot.

The property offers the opportunity to develop detached houses, semi-detached houses, or terraced housing in one of the most sought-after suburban locations near Riga. An additional advantage is that the existing kindergarten and senior day care center can continue operating as a long-term tenant, providing stable monthly rental income. This allows the investor to combine steady cash flow with parallel residential development and sales.