{"id":1283,"date":"2014-05-05T21:26:02","date_gmt":"2014-05-05T21:26:02","guid":{"rendered":"https:\/\/latviasothebysrealty.com\/?p=1283"},"modified":"2014-05-05T21:26:02","modified_gmt":"2014-05-05T21:26:02","slug":"building-new-apartment-buildings-in-riga-jurmala","status":"publish","type":"post","link":"https:\/\/latviasothebysrealty.com\/en\/building-new-apartment-buildings-in-riga-jurmala\/","title":{"rendered":"BUILDING NEW APARTMENT BUILDINGS IN R\u012aGA, J\u016aRMALA"},"content":{"rendered":"

There is currently a lot of activity in terms of building new apartment buildings in R\u012bga and J\u016brmala \u2013 ones that are scheduled to be completed by the end of this year.\u00a0 There are many other projects in which locations have been identified, documents and sketches are being prepared, and building companies are being selected.\u00a0 This is confirmed by Ilze Mazurenko, who is a board member and co-owner of the luxury real estate market company Baltic Sotheby\u2019s International Realty.<\/strong><\/p>\n

\u201cDuring the past few months, we have provided consultations to investors and project developers fairly often in terms of more rational and convenient planning of residential facilities, as well as aspects such as material and design choices, technical and energy solutions,\u201d says Mazurenko.\u00a0 \u201cWe often have to analyse and describe the market situation and discuss the cost of new products in relation to end buyers, as well as factors which can raise or lower the value of new buildings and flats therein.\u201d<\/p>\n

New buildings are being erected in the historical centre of R\u012bga, in the so-called \u201cquiet centre,\u201d on \u0136\u012bpsala Island, and a bit further away from the centre in the so-called business segment.\u00a0 Both local and foreign investors are active in this process, and several banks are also involved in the construction of new buildings.<\/p>\n

An analysis of processes in the exclusive real estate segment shows that the historical centre of the capital city is gradually being improved with the help of investments.\u00a0 Outstanding masterpieces of architecture are being renovated and fully restored.\u00a0 New buildings are being erected on empty land or land that has been cleared of former and collapsing buildings.\u00a0 The modern approach to the architecture of such buildings is successfully merging into the overall architectural landscape, says Mazurenko.\u00a0 Local specialists and foreign designers are involved in interior design procedures.\u00a0 Thus, for instance, Italian designers have been involved in the interior design of an historical building at Elizabetes Street 4.<\/p>\n

The segment of luxury residences involves essential factors such as the location of the building, the layout of the flat, finishing materials, ceiling heights, the size and use of common-use rooms, car parking facilities, 24\/7 guard services, as well as high-quality heating and ventilation technologies.\u00a0 If these parameters satisfy specific standards, then buyers of such flats must count on a cost of between EUR 3,000 and 5,000 per square metre, says Mazurenko.<\/p>\n

The expert says that different clients come with different desires.\u00a0 Many buyers prefer club-type buildings with no more than 12-16 flats.\u00a0 Such buildings are already on offer in the market.\u00a0 Buyers also differ in terms of the level of finishing in the flat.\u00a0 Some prefer to buy a fully finished flat, while others are offered design choices and can adjust the layout of the flat, she explains.<\/p>\n

The construction industry is also active in J\u016brmala.\u00a0 Several new buildings will be finished this summer, while others will be ready during the 2015 season.\u00a0 \u201cThere is not much activity in the building of private homes, however, because land is mostly used for new apartment buildings,\u201d says the Baltic Sotheby\u2019s International Realty board member.\u00a0 \u201cThere are some cases in which particularly valuable homes are being carefully renovated.\u00a0 When it comes to demand, a new trend is that people are increasingly looking for peace and quiet in terms of housing that is further away from leisure and entertainment locations.\u00a0 This also involves a lower price, and that is why new buildings are being erected further away from the sea and closer to the Lielupe River.\u201d<\/p>\n

\n

New buildings are typically modern in style, with large windows that admit as much sunlight as possible.\u00a0 Most of these buildings have three or four stories, which is in line with building regulations in J\u016brmala, says Mazurenko.\u00a0 The price ranges from EUR 2,000 and 6,000\/m2<\/sup>, and of importance here are the aforementioned factors \u2013 location, materials, design, architecture and layouts.\u00a0 There are buildings at which the price is even higher \u2013 as much as EUR 10,000\/m2<\/sup>, but these are more of an exception than a trend.<\/p>\n","protected":false},"excerpt":{"rendered":"

There is currently a lot of activity in terms of building new apartment buildings in R\u012bga and J\u016brmala \u2013 ones that are scheduled to be completed by the end of this year.\u00a0 There are many other projects in which locations have been identified, documents and sketches are being prepared, and building companies are being selected.\u00a0 […]<\/p>\n","protected":false},"author":8,"featured_media":4819,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-1283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/posts\/1283"}],"collection":[{"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/comments?post=1283"}],"version-history":[{"count":1,"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/posts\/1283\/revisions"}],"predecessor-version":[{"id":1285,"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/posts\/1283\/revisions\/1285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/media\/4819"}],"wp:attachment":[{"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/media?parent=1283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/categories?post=1283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/tags?post=1283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}