AS Pro Kapital Grupp continues to achieve great results in sale of luxury real estate, both in Riga and Tallinn

AS Pro Kapital Grupp continues to achieve great results in sale of luxury real estate, both in Riga and Tallinn, despite of challenging times in real estate market.

Kliversala quarter – viewing the Old Riga over the Daugava river

There are not many areas in Europe that lie in the heart of a city, have a great views and are enchantingly quiet all the time. One of such places is the Kliversala quarter in Riga. We have seen that people's interest in the region and its values remain high as it constantly shows in River Breeze Residence sales statistic.

This year, 5 new owners have already bought their homes and transactions were in the amount of 540 thousand euros to 630 thousand euros. According to the data from Cenu banka published in April, the first transaction over 1 million euros this year was also registered in River Breeze Residence.

At the moment, 80% of the apartments have been sold or booked. The remaining 10 spacious apartments for purchase are from 100-178 m2, with a price range of 485,000-690,000 euros including VAT 21%. River Breeze Residence has set a start to the whole new quarter development. When completed, the Kliversala quarter is going to be a unique residential area in its entirety, where the atmosphere of a big city, modern architecture and natural environment meet.

https://riverbreeze.eu/

Kalaranna District - one of the most outstanding residential areas in Tallinn

In Tallinn, we have started construction and sale of the next phase of the Kalaranna quarter on the border of the old town. The first 8 houses have been completed and sold, except for 1 model apartment.
At the current stage of construction, 4 new houses, a total of 146 residences and 4 commercial premises, are being built on Kalaranna 8 plot.

The diverse and architecturally enriching Kalaranna district has undoubtedly been one of the most anticipated city quarters here in Tallinn, which for the first time opened a dialogue between the sea and the city center. Thanks to its location, the seaside city quarter has already become an important integration point for both residents and visitors, which is clearly shown by the continued high interest in both homes and commercial premises in the quarter.

AS Pro Kapital Grupp continues to achieve great results in sale of luxury real estate, both in Riga and Tallinn - Real estate news - City24.lv real estate marketplace

We started public sales of new houses in February 2023 and to date we have sold 39 units, which is 26% of the total available in the current construction phase. Apartment sizes start from 29.8 m2 and larger ones reach 113.6 m2, prices range from 192,000 - 1,147,000 euros. Square meter prices vary between 5,600 - 10,097 euros. At the beginning of sale, we had 10 apartments reaching price of 10,000 euro per square meter and we already have sold five of them. There is a lot of interest in larger units with a sea view, as it is such a unique location with several added values - an underground parking lot, a car-free area between the buildings, an open sea park with a playground and leisure opportunities, and of course a beautiful promenade by the sea. One of the unique opportunities in the new construction phase is to buy loft-style apartments occupying two floors.

https://kalaranna8.com/