• For sale
Development opportunity in Ilguciems district in Riga
Development opportunity in Ilguciems district in Riga

For Sale

DESCRIPTION

The object is located in Riga in Ilguciems district. According to the long-term development plan of Riga city, the largest transport infrastructure project for the past decades – Riga Northern Transport Corridor (www.ziemelukoridors.lv) will be constructed around 600 m from the object. Land plots situated approximately 800 m from the suburb centre. High school, several grocery stores and public transport stops are located within the walking distance from the object.
A master plan for the construction of the multi-storey apartment buildings is available. It was planned to construct 496 apartments with the total area of around 45 000 sqm.

KEY FEATURES

Area: 47 933 sqm
Zoning: mixed construction with residential function.
Maximum number of storeys: 5
Available communications near the object: gas, electricity (up to 0.5 MW), water and sewerage,heating pipeline is on Spilves Street.

PRICE

Price: EUR 500 000. The owner may consider submitted price offers from potential investors.

Property Details