Development project in the city of Riga

For sale development project in Riga, Vezu street.
The real estate consists of a plot of land with an area of 1289 m2 and a 2-story stone warehouse building. A construction project for the reconstruction of a 4-story residential building has been developed and approved for the property.

The construction project envisages the reconstruction of the existing brick building into a multi-apartment residential building, where a new 2nd floor is being built for the existing volume of the house. The total area of the new building after the reconstruction is planned to be 1663 m2, the house has 10 apartments starting from the 2nd floor, one commercial area and 10 parking spaces on the 1st floor of the building. All apartments have terraces or balconies.
There is a valid building permit, which allows you to start the construction process immediately.

The last construction works must be done - by October 2031.

The property has the potential to design and construct an additional floor. The infrastructure tax has been paid.

Additional information on request.