Ventspils, Pils iela

Ventspils, Pils iela

Historic Property in Ventspils, a port city of the Baltic Sea

Price

220 000 €

Area

1 290 m2

Land plot

991 m2

Floor

3

Property for sale in Ventspils, Pils street 21 with a developed construction project for the conversion of the building complex into a hotel. The building on Pils street 21 is one of the oldest brick properties in Venstpils and its construction dates back to 1767. The second building of the property, located on Lielā Street 11, was built later - at the start of the 20th century. Historically, on the first floor of the buildings there had been a cafe, which is remembered by many inhabitants of Ventspils, other parts of the buildings - rental apartments.
The real estate is in the city center of Ventspils - within the Old Town, which is a great attraction spot for clients. The property is near the port, Old Town square, market square and other historically important objects. The surrounding area consists of various types of properties: multi-apartment residential and administrative buildings built in the pre-war period, private family houses and real estate of different social nature construction.

Very well-developed infrastructure. Infrastructure objects of public importance (educational and health protection institutions, shopping centers, shops, hotels, restaurants, rest areas, etc.) are located nearby. Public transport stops are 300 m away. The access roads to the property are paved and in good technical condition. Construction of the parking zone is planned in backyard of the property; parking is also available along Pils Street and other nearby streets.
The property has all the central utility services of the city.

Property consists of:
- land plot 991 m2;
- residential building (Lielā iela 11), total area 490 m2, 3 above-ground floors and a basement;
- residential building (Pils iela 21), total area 800 m2, 2 above-ground floors.

The building on Liela Street 11 has a developed and approved renovation project. A technical project is available for the construction of a hotel with 13 rooms in sizes from 15.8 m2 to 38.9 m2. The facade of the building was completely renovated by restoring its historical appearance. A unique work of art such as Blacksmith's hand-made balcony railings based on available historical photographs.
A historical staircase with original tiles has been preserved and planned to be renovated. The historic doors of the building have been restored by a restaurateur, delivering the feel of their original appearance. The windows of the facade side of the building have been renovated, preserving their historical value. New windows have been installed from the backyard side.
Renovation works of the building have already started - the facade has been restored, load-bearing walls and floor coverings have been strengthened, various defects have been eliminated from the time when property was put into operation, the finishing works of the premises have been started, the water pipe and sewerage installations have been changed. Construction works have been done according with the construction project. Finishing and dismantling works have been carried out in the premises of the 1st floor. On the 2nd floor – installation of partition walls have started, communication systems have been set up (electricity, water pipes and risers), ventilation construction has started. On the 3rd floor – all partitions have been built according to the project, communications (electricity, water pipes and risers) have been installed, the construction of ventilation and the so-called "warm floors" has started. In the construction project, it is planned to build a heating boiler with pellets, in addition to the central heating system After the completion of the planned renovation, the premises on the 1st floor will be suitable for catering services, and premises on the 2nd and 3rd floors - as hotel rooms.

In the building on Pils Street 21 the following construction works have started – strengthening of building’s supporting structures and floor coverings. Interior decoration has been removed and the property is set up for the start of renovation process.

Historic Property in Ventspils, a port city of the Baltic Sea!

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