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1 600 000 €

Land in Riga, Latvia, 2 870 ares
  • Land in Riga, Latvia, 2 870 ares - picture 1
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  • Land in Riga, Latvia, 2 870 ares - picture 1
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  • Property ID on Prianproperty.com: 4203191
    Property ID on company's website: 1567
    Last update: 16.07.2026
    Number of views: 30

1 600 000 €

Land in Riga, Latvia, 2 870 ares

2 870 ares

  • On the map
  • Property ID on Prianproperty.com: 4203191
    Property ID on company's website: 1567
    Last update: 16.07.2026
    Number of views: 30

Specifications

Sale price 1 600 000 €
Site plot 2 870 ares
Address Latvia, Riga, Krasotaju (Centre)

Description

An investment land plot with a ready technical project is offered in one of Riga’s fastest-growing districts — Grīziņkalns, next to Ziedoņdārzs park. The area shows strong growth in rental and sales prices, making it a highly attractive real estate investment in Riga and the Baltic region.

The project includes a modern 7-storey residential building with 180 apartments, including 140 studio units of approximately 28 m², targeting the high-demand rental market. Additional space with ceiling heights above 4 meters allows for flexible commercial or mixed-use concepts.

The land plot of 2,870 m² with a total GBA of ~9,400 m² and NLA of ~6,350 m² represents a strong residential development opportunity in Riga with high yield potential.

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Representative

Julia Barsukova
Rental Associate/ Sales Associate/
Languages: english
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Company



Seller
Julia Barsukova Rental Associate/ Sales Associate/

Mercury Group

Languages: english
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