Place ad

350 000 €
271.53 €/m²
Vēžu iela 7, Centrs
Rīga

  • 1289

1 806 €/month

Down payment105 000 €(30%)
Period
Get a loan offer
For sale development project in Riga, Vezu street.
The real estate consists of a plot of land with an area of 1289 m2 and a 2-story stone warehouse building. A construction project for the reconstruction of a 4-story residential building has been developed and approved for the property.

The construction project envisages the reconstruction of the existing brick building into a multi-apartment residential building, where a new 2nd floor is being built for the existing volume of the house. The total area of the new building after the reconstruction is planned to be 1663 m2, the house has 10 apartments starting from the 2nd floor, one commercial area and 10 parking spaces on the 1st floor of the building. All apartments have terraces or balconies.
There is a valid building permit, which allows you to start the construction process immediately.

The last construction works must be done - by October 2031.

The property has the potential to design and construct an additional floor. The infrastructure tax has been paid.

Additional information on request.
Ad info updated: 03.02.2026, 14:51
VIP agent
Aigars Strods
Latvia Sotheby’s International Realty
4.4
    Latvia Sotheby’s International Realty logoCompany profile
    VIP agent
    Kaspars Strižko
    Latvia Sotheby’s International Realty
      Latvia Sotheby’s International Realty logoCompany profile
      For sale development project in Riga, Vezu street.
      The real estate consists of a plot of land with an area of 1289 m2 and a 2-story stone warehouse building. A construction project for the reconstruction of a 4-story residential building has been developed and approved for the property.

      The construction project envisages the reconstruction of the existing brick building into a multi-apartment residential building, where a new 2nd floor is being built for the existing volume of the house. The total area of the new building after the reconstruction is planned to be 1663 m2, the house has 10 apartments starting from the 2nd floor, one commercial area and 10 parking spaces on the 1st floor of the building. All apartments have terraces or balconies.
      There is a valid building permit, which allows you to start the construction process immediately.

      The last construction works must be done - by October 2031.

      The property has the potential to design and construct an additional floor. The infrastructure tax has been paid.

      Additional information on request.
      Details
      ID
      8624058
      Lot size
      1289 m²
      Cost
      Price
      350 000 €
      Price / m²
      271,53  €/m²
      Building
      Purpose of use
      residential land
      commercial land

      Housing Loan Calculator

      1 806 €/month

      Down payment105 000 €(30%)
      Period
      Get a loan offer
      Available services
      Cleaning
      Refurbishment
      Furniture/appliances transportation
      Architect
      Interior design
      Legal consultation
      VIP agent

      Aigars Strods

      View profile
      Latvia Sotheby’s International Realty
      4.4