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4 700 000 €

Land in Riga, Latvia, 1 710 ares
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  • Property ID on Prianproperty.com: 4203954
    Property ID on company's website: 303
    Last update: 16.07.2026
    Number of views: 28

4 700 000 €

Land in Riga, Latvia, 1 710 ares

1 710 ares

  • On the map
  • Property ID on Prianproperty.com: 4203954
    Property ID on company's website: 303
    Last update: 16.07.2026
    Number of views: 28

Specifications

Sale price 4 700 000 €
Site plot 1 710 ares
Address Latvia, Riga, Kaleju

Description

We offer for sale development land in Old Riga - a quarter between Kaleju, Peitavas and Kungu streets. The property is located in a quiet part of Old Riga, within walking distance of major cultural, historical and religious monuments. Developed infrastructure, many beautiful and cozy hotels, restaurants, cafes, and other places of entertainment. Old Riga is the cultural center of the city. Here is the Latvian National Opera, theaters and many museums. Nearby are shopping centers ORIGO, STOCKMAN, as well as the bus station and railway station.

There are several scenarios of property development in accordance with the architectural and planning strategy of the Riga City Construction Board for Peitavas Quarter, Kalēju and Kungu, which has a total land area of 1710 m²:

  • Single dwelling house located on Peitavas street for reconstruction and further expansion creating 1726,3 sq.m. or 24 apartments – building design in a minimum composition, area of land 801 m². The price is EUR 1'500'000
  • Single dwelling apartment house located on Kalēju street for reconstruction and further expansion creating 1526,326 apartments, area of land 522 m². The price is EUR 1’500’000
  • The plot of land on Kungu street with a total area of 387 sq.m. and development of 992,2 sq.m. or 9 apartments building. The price is EUR 2’000’000
  • It is possible to purchase real estate along with a development project and visualizations or 100% of the capital of the company that owns the real estate and a project. Please contact us for more information about the project!

    Contact seller

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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
    Contact seller
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