Rīga, Torņakalns, Jelgavas iela

Rīga, Torņakalns, Jelgavas iela
Rīga, Torņakalns, Jelgavas iela

INVESTMENT OPPORTUNITY IN JELGAVAS STREET 24, RIGA

Price

1 033 470 €

Land plot

3 989 m2

Description

AN EXCEPTIONAL INVESTMENT OPPORTUNITY IN JELGAVAS STREET 18, RIGA

A prime development opportunity is available at Jelgavas iela 18, offering a 3,989 sq.m development plot with all key approvals already secured.

The property benefits from a valid building permit for the construction of a new apartment building and a fully approved reconstruction project for an existing structure, also for residential use.

BUILDING SPECIFICATIONS:
Construction Area: 1,161 sq.m.
Gross Building Area: 4,110 sq.m.
Usable Area (Ground Floor): 462.6 sq.m. (Apartment sizes ranging from 20.5 sq.m. to 35.9 sq.m.)
Usable Area (2nd - 4th Floors): 2,982.3 sq.m. (Apartment sizes ranging from 22.6 sq.m. to 50.2 sq.m.)
Number of Above-Ground Levels: 4
Number of Residential Units: 102
Parking Spaces: 16
Bicycle Parking Spaces: 109

With planning permissions in place and strong residential development potential, this site presents an excellent opportunity for investors and developers seeking a ready-to-execute project in Riga.

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