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Development

Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.
– Franklin D. Roosevelt

Working with investors

Every new development project starts with a clear vision, a defined target audience, and a sharp understanding of the advantages the project will offer to buyers or tenants.

  • We listen to the investor's goals and possibilities and identify the right properties by weighing their strengths and weaknesses.
  • We outline layouts and estimate investments needed to achieve the project's objectives.
  • We prepare a detailed business plan and a clear development roadmap.
  • We build the team and supervise implementation from A to Z.

Completed projects

35 Ciekurkalna 2. linija project

Renovation and creation of a rental house
35 Ciekurkalna 2. linija, Riga

  • Renovated wooden building (2015)
  • 11 apartments with areas from 28.1 to 90.4 m2
  • 4 parking spaces in the courtyard and 9 storage rooms in the basement
41 Zalves iela project

Renovation and creation of a rental house
41 Zalves iela, Riga

  • Renovated wooden building (2017)
  • 7 apartments with areas from 30 to 66 m2
  • 7 parking spaces in the courtyard and an outbuilding in the yard
2 Altonavas iela project

Renovation and creation of a rental house
2 Altonavas iela, Riga

  • Renovated wooden building (2018)
  • 7 apartments with areas from 31.7 to 69.7 m2
  • 7 parking spaces in the courtyard and 7 storage rooms in the basement

These rental houses continue to meet their original investment goals, remain in demand among tenants, and vacant apartments are rented out within a short period.

  • Layouts are practical and convenient, while still providing the essentials every tenant expects.
  • Apartments are equipped with the basics tenants value most: fully fitted kitchens, large built-in wardrobes, quality plumbing, and household appliances.
  • Smaller buildings require thoughtful use of every square meter, and that often means making smart adjustments during construction.
  • Interiors are designed to be neutral and cozy, while still including accents that attract attention.
  • Tenants appreciate not only the apartment interiors but also enclosed courtyards, landscaped surroundings, and the overall atmosphere of the property.
71 Artilerijas iela project

Renovation and apartment sales
71 Artilerijas iela, Riga

  • Project acquisition: 2019
  • Building renovation: 2020 to 2022
  • Apartment sales: 2022
  • 7 apartments with areas from 33.3 to 51.4 m2
  • Sale prices from EUR 69,600 to EUR 95,090

These rental houses continue to meet their original investment goals, remain in demand among tenants, and vacant apartments are rented out within a short period.

  • Layouts are practical and convenient, while still providing the essentials every tenant expects.
  • Apartments are equipped with the basics tenants value most: fully fitted kitchens, large built-in wardrobes, quality plumbing, and household appliances.
  • Smaller buildings require thoughtful use of every square meter, and that often means making smart adjustments during construction.
  • Interiors are designed to be neutral and cozy, while still including accents that attract attention.
  • Tenants appreciate not only the apartment interiors but also enclosed courtyards, landscaped surroundings, and the overall atmosphere of the property.