Residential development project in Olaine

Development project for sale in Olaine at Strazdu Street 2.
The real estate consists of a plot of land with an area of 4371 m2 and a 2-story brick building with an area of 871 m2.
A construction project has been developed for the property in two phases:
The 1st phase of the project envisages the reconstruction of the existing two-story brick building into a multi-apartment residential building, where the construction of the 3rd floor is carried out for the existing volume of the house. The total area of the new building after the reconstruction is planned to be 1221.9 m2, in which 21 apartments of 1-3 rooms are located, with an area of 39 to 62 m2.
The first phase of the project has a valid building permit, which allows the construction process to begin immediately.
The 2nd phase of the project envisages the construction of a multi-apartment residential building with a total area of 786.3 m2, in which there are 15 two-bedroom apartments with an area of 44-49 m2.
For the second phase, a minimum construction project has been approved.
Olaine, like many cities close to Riga, has experienced rapid development in the last decade, significant improvement works are observed in the city. The good traffic and the close distance to Riga (20 km) contribute to the growth of the small city.
The project is located in the very center of the city, very close to Olaine railway station, several shops, schools, kindergartens, medical institutions.
Additional information on request.