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Luxury Real Estate Development Project looking for co-investors in Riga center

FrontThis strategic site for sale is looking for a developer, builder, or investor to acquire a 100% interest in the property or enter the project as a co-investor. All approvals have been received from all the required Riga City departments as well as construction permit. All infrastructure is in place (Electricity, Sewage, etc). Zoning: Mixed-Use. Project: Three level underground parking; Intensity- no limit; Floors: 8 floors (new construction)/ 3 (reconstruction).

– Sellable Residential Space: 6,729 sqm
– Sellable Office Space: 1,267 sqm
– Sellable Terrace Space : 440 sqm
– Sellable Underground Parking: 200 spaces

Proposed Amenities:
– Panoramic views of Riga and the city skyline from the roof terrace
– Privet Residential Drive and Valet parking services
– Three level underground parking with over two underground parking spaces per apartment
– Lifestyle Management Services

Site Description:

– Located in the protected district of Riga City’s historical center
– The land plot is located in the UNESCO protected heritage area
– Within easy walking distance from the Old Town, business districts and points of interest
– Good location in the prestigious embassy district
– Entrance to the proposed development site will be from prestigious central street.
– The entrance will be via a 24 hour concierge or via a car gate with a pre-approved card
– The rectangular shape of the land plot allows the development to be build in –site which offers more exclusivity and quite surroundings to future residents
– The site currently accommodates two buildings; one is for demolition and another for reconstruction
– All geological and other tests have been performed; the current site and nearby buildings condition allows to construct a three level underground parking. All Geological works have been performed by a Swiss Company.
– Approximately 20 minutes to the airport, 10 minutes walking distance to the Old Town, 5 minutes walking distance to major embassies. Why Riga for Business? Read this article to understand why it is good.


Building to renovate for sale in Riga center old town

We propose this object building anno 1879 located in the center of Riga. The building is empty, 630 qm land , 25 apartments for total area of 2928,80 qm. Investment with renovation project costs around EUR 2,5-2,7 M. Why Riga for Business? Read this article to understand why it is good.


Opportunity to enter growing Latvian hospitality industry: 3-star Hotel with SPA facilities + company for sale in Riga

We propose this first investment, a 3 Stars Hotel opened in 2007 in central location with modern and luxury equipment, SPA facilities and Wellness center (Sauna, Steam room, Shower Cascade, relax area), a business opportunity for you. 80 fully equipped 3*SUPERIOR rooms, where 22 single rooms, 51 double or twin rooms, 1 twin room for people with special needs, 6 business class twin rooms with additional comfort. Full service, TV, WIFI, Internet, free public parking, laundry services and etc. Total area of building: 2800 sq.m. Good accessibility, perfect location in quiet part of Riga center with only 5-7 minutes walking to Old Town. Why Riga for Business? Read this article to understand why it is good.

* Restaurant – Pub for 45 seat places- breakfast, business lunch, full a la carte
* Summer terrace for 40 seat places- from MAY-SEPT
* Conference room on the first floor for 35 clients, natural light, AC, fully equipped
* Banquet room for 35 seat places
The hotel has been reviewed almost 400 times from tourists and got prestige level 4,5 stars on 5. EUR 1.150.000 yearly average revenue based on period of time 2008-2012. Suggested investment EUR 6 M.

We also have other hotels for sale in the Baltic area, strategic central locations in the Baltic Capital cities, directly connected with the owners. They usually need to be renovated and may be transformed from 2 stars to 3 (that´d be deal!). The emerging fast growing Baltic countries Estonia, Latvia and Lithuania still offer these kind of deals due to understandable historical reasons. it´s an opportunity for foreign capitals.


Real Estate Development project and area for sale in Riga emerging district close to city center.

We´re looking for investors/co-investors for the property located in a fist block from river Daugava and only in 5 min walking distance from Old Riga, and also just one block away from newly renovated area «Spīķeri» and directly to newly made walking promenade along the
river Daugava. The property is mixed residential and service/business 6 floor perimetrical type construction area.

At this moment property is consisting of land plot with total area of 1329 m² , four floor twelve apartment building with total area of 779.4 m², which stands on 215 m² land.

Why Riga for Business? Read this article to understand why it is good.

The implementation of the project is possible in two versions:

  1. if the existing building is demolished, the new building`s possible area is up to 4720 m² ,from which 3630 m² is residential area and 640 m² is commercial premises on the first floor.
  2. if the existing building is not demolished, the new building`s possible area is up to 4000 m², from which 3100 m² is residential area and 360 m² is commercial premises on the first floor.

The internal rate of return from capital (IRR) is 53%, Project payback period – 1 year, 3 months and 4 days. The total planned duration of the project – 4 years.

Selling price of the project: round 1 M Euro.


Looking for co-investors in real estate development project in Latvian luxury location Jurmala


The real estate development project is perfect located in Jurmala, the most popular holiday summer beach location close to the Latvian Capital Riga. This apartment building project, consisting of two buildings of a new home on the 11th and 4 apartments (apartment area from 60m2 to 130m2), with underground parking for 20 cars. The project is located in close proximity to public transport, shopping, city park, to Jomas street and concert hall, 5 minutes walk to the beach. The required investment amount is EUR 2 M. (70% of total investment amount, 30% is covered by developer). To receive more details about the investment. Why Riga for Business? Read this article to understand why it is good.


Stevedoring Logistic structurer for sale in Baltic free port


An high investment opportunity to acquire a developed logistic structure specialized in stevedore in one of the main tax-free Port of the Baltic area. The structure and company for sale consist in several updated machinery, cranes, quays, buildings and equipment with overall tonnage of cargoes over 700 th as junction of three main components of the logistic chain- sea, road and railway. Railway, storage and warehousing facilities are available.

The capacity of railway extensions has been increased per 26 wagons, totally allow simultaneously to place 40 wagons. The total area of covered storage is over 3400 m2. The area of open storage is over 70.000 m2. Warehouses are suitable for storing the following goods:

-timber ( logs, pulpwood , saw timber, plywood, etc.);

-bulk (wood-chips , gravel , scrap, iron pellets ,etc.).

Other types of cargo can also be handled..

Stevedoring companies highly motivated workforce have the necessary skills to ensure that cargo is handled efficiently and professionally.

– ISO 9001-2008.

-Loading and unloading of cargoes onto and from vessels, railcars, motor vehicles and storage facilities at port.

– Operating hours – 24/7

Loading speed:

  • round timber – 300 t/h;
  • sawn timber – 130 t/h
  • woodchips -650 bulk m3/h
  • iron ore pellets – 600 t/h
  • crashing stone- 300 t/h
  • scrap metal- 200 t/h


Building land for sale in Latvia at the Baltic seaside.

We´re selling an exclusive land in a 1. line of buildings in City Engure. The Property is located near by the port and lighthouse, at the beautiful sandy beaches, in low-rise villas residential area, at the cost of Riga Sea Gulf. Land plot is also adjacent to small river called “Lāčupīte”. Area: 7900 m² suggested price: 25.95 EUR/m². Contact us for more details and possible development plans.


Construction land for sale in Carnikava close to the Sea and Riga Latvia

We´re selling land properties in a new village near existing one named “Sala-2”. Properties are located only 500 m from the Sea and is surrounded by beautiful forest and right next to nature park “Piejūra”. Distance from Riga city is 25 km. Contact us for more details and ask for project of land partitioning already available. Currently are available land plots with area : from 1500 till 3000 m² suggested price: 35.00 EUR/m². Why Riga for Business? Read this article to understand why it is good.

Do you want to understand how the Baltic real estate market is going? Read the complete market review 2014 directly online (based on Estonian research).

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