Rīga, Torņakalns, Jelgavas iela

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

INVESTMENT OPPORTUNITY IN RIGA

Price

1 835 910 €

Land plot

5 118 m2

Amenities

  • Electricity
  • Water

Description

INVESTMENT OPPORTUNITY AT JELGAVAS STREET 16, RIGA
A land plot of 5,118 m² is for sale with an approved construction project for the development of a new multi-apartment residential building. The property has a valid building permit.
Land plot area: 5,118 m²
Building footprint: 2,065.3 m²
Total building area: 7,127 m²
Usable area: 6,119.7 m²
Number of above-ground floors: 6
Number of apartments: 75
Short-term accommodation units: 46
Number of parking spaces: 28
Number of bicycle parking spaces: 129
This property offers an excellent investment opportunity for developers and investors looking for a ready-to-implement project in Riga with multiple usage options — apartments for sale, long-term rental apartments, or a student residence.
Additional information available upon request.

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