Excellent investment opportunity in the Centre of Talsi city - the old hospital building is available for redevelopment and renovation. Total area of building is 4813m2 and adjacent garages - 431m2 .
Site surveys have been carried out and an architect's vision and calculations are available for the reconstruction of the building, transforming it into small apartments, accompanied with landscaping and parking.
An assessment has been made of the market selling prices and future values of the property.
The property is excellently suited for a boarding house, rehabilitation center, and more.
According to the current Talsi district territorial plan, the property is located in the public building area (P).
2.4.5. PUBLIC BUILDING AREA (P, P1) The public building area (P) is a functional zone designated to accommodate commercial or non-commercial public institutions and facilities, providing appropriate infrastructure. Types of use for public building areas include the construction of office buildings, commercial or service facilities, tourism and recreation institutions, cultural institutions, sports facilities, defense and security institutions, education and research institutions, healthcare institutions, social care institutions, animal care institutions, and the construction of religious organization buildings. The territorial plan also includes new areas for such use in addition to the existing public building areas. Public building area (P1), in contrast to other public building areas (P), is a functional zone primarily intended for the construction of tourism and recreation institutions in the city of Sabile, with the planning of appropriate infrastructure. Prospective areas for the construction of tourism and recreation institutions are designated in the city of Sabile, bordering on natural areas and building zones, and located in close proximity to the Abava River in the Ģibuļi parish. Additionally, in these areas, the construction of sports facilities, commercial/service facilities, and residential buildings (freestanding individual houses) is allowed. The planning of public building area (P1) takes into account the principle of continuity and the scenic values of the city to promote recreational opportunities for residents as well as the development of tourism-related businesses.
The property is located in the central part of the city of Talsi, in a block bordered by Voldemāra Ruģēna Street, Saules Street, Ūdens Street, and Talsi Castle Hill. Talsi city is one of the pearls of Kurzeme, known as the "city of nine hills," and is the 18th largest city in Latvia by population.
