Would like to receive the best website experience? Agree to our Cookie policy
Fast, free and convenient selection of real estate in Latvia

development land in the Old town for sale

Julia Barsukova

Sales and Investments Associate
GSM: +37129128323
E-mail: [email protected]

By submitting a message, you agree to the User's Agreement
ID code: 9276
Location: Riga / Old Town / Kalku
Type: Land, Investment projects
Land area: 2 484 m2
To buy:
12 000 000 EUR (4 831 EUR/m2)
Development land for sale in the very center of Old Riga with a total area of 2484 sq.m.
Perfect location near the Town Hall Square, Peter’s Cathedral, House of the Blackheads. An excellent proposal for the development of the quarter between Kaļķu, Tirgoņu, M.Monētu and Jaunavu Streets.
At the moment, the territory is leased for summer cafes and a market for folk handicrafts. The rent guarantees a steady income for maintaining the property.
There are 2 scenarios developed of this land. The first involves the construction of a hotel complex, the second - apartment building. Depending on the option chosen, it is possible to build a complex with a total area of 14,600 sq.m. with underground parking for 60 cars, six floors above and a functionally used roof.
The Old Town district is a historical and architectural masterpiece of the Middle Ages, which is adapted to the 21st century. This is a great place for the development of tourism business with comfortable hotels, banks, offices and bureaus, places for entertainment and recreation, restaurants and cafes, concert and exhibition halls, antique salons and galleries, famous theaters, including Latvian National Opera.
Please contact us for more information about the project!

Open map

Loan Calculator
Currency Converter

Julia Barsukova

Sales and Investments Associate

By submitting a message, you agree to the User's Agreement

Never Miss a Story!

Subscribe to our newsletters and get the top real estate news.