Investment property, Narvas street, Centrs / 850000€

Property description

Renovation property with approved project for 16 apartments

Offered for sale is a property with a fully developed and approved construction project for the conversion into 16 apartments with a total area of 906.5 m².

The property sits on a 2045 m² land plot featuring a green recreational area and parking. It includes a four-story building and a single-story building, both located in the central part of the plot. With four facades, the buildings provide abundant natural light for the apartments.

The area is rapidly growing and developing.

Project layout:
8 three-room apartments;
4 two-room apartments;
4 one-room apartments.

Planned apartment sales price after renovation – EUR 3,000/m².

Additional development potential – the plot allows for the construction of an extra ~1,000 m² building.

VAT is included in the sales price.

Further information available upon request.

• Communications: city heating, high electrical power, city water supply, city sewage

Object on the map