Land plot for sale, Peitavas street, Vecrīga / 4700000€

Property description

Peitavas Quarter. Three plots of land in the Old Town.

Currently, the first plot contains a four-story building in a dilapidated condition, the second plot contains a small two-story building, which is an architectural monument, and the third plot is undeveloped.

According to the architectural and planning task of the Riga City Council for the Peitavas Quarter (Peitavas 9/11, Kalēju 63, and Kungu 30) with a total land area of 1710 sq.m, several property development scenarios have been developed - construction of residential buildings and/or apartment hotels.

Peitavas 9/11. Land 801 sq.m.
By reconstructing the residential building and additional construction, 1726 sq.m or 24 apartments will be created. A project has been developed in the minimum scope.
Price EUR 1,500,000

Kalēju 63. Land 522 sq.m.
By reconstructing the residential building and additional construction, 1526 sq.m or 26 apartments will be obtained. The technical project of the building is currently being developed.
Price EUR 1,500,000

Kungu 30. Land 387 sq.m.
A development project has been developed in the minimum scope, which provides for the construction of residential houses with a total indoor area of 942 sq.m or 9 apartments.
Price EUR 2,000,000

Total property price EUR 4,700,000

Mixed-use center development area (JC8).

• Location: river nearby, channel nearby, shops and cafes nearby, schools and kindergartens nearby, convenient public transport
• Communications: city heating, city water supply, city sewage

Object on the map