

FOR SALE




Property Description
The location of the object is its most expensive value. There are 3 factors that are most important for any real estate: Location, Location and Location. Noliktavas 5 is located in the part of Riga called Old Town. Next to the building there is Kronvalda Park with its beautiful ponds, playgrounds for kids and relaxing places for everybody.
The building is made of bricks. The project includes concrete (Lewis) floor. Iron beams on every floor. The building’s durable structure will last for ages.
This building is a great example of the famous Riga Art Nouveau architecture of the early 20th century. It is an architectural monument that is under protection of UNESCO. There is no doubt that it will be interesting for all residents.

Total Area:
5379m2

Living Area:
4162m2

Build-up Area:
1119m2

Number of usable floors:
7

Number of apartments:
118

Price:
5'355'000 EUR
Property Highlights
This property becomes even more attractive thanks to its
very important features.
What is the cost of your 2 years? Everyone can answer this question independently.
Usually any investment project is in the sold in the
condition it was used last time. This means that inside there you'll see walls, floors, ceilings, doors and furniture that will not suit a new investor. In order to prepare the building for an active construction, it is necessary to procceed with extensive dismantling works. Such works are very expensive and take a lot of time. In our case, the investor would save a lot of time on dismantling since the necessary dismantling works have been carried out throughout almost the entire building. With that said it will be possible to implement the project 6 months faster.
There is an opportunity to get all the necessary amount of profiles in right time for a special price as we have all the necessary profiles for Noliktavas 5's walls, ceilings and floors in stock.

Popular Apartment Areas
According to the project the building will have 118 apartments with the most convenient and popular areas of Riga centre ranging from 20 to 60m2

Great Opportunities
The concept of the project – profitable house of a new type where everything what tenants need is located inside the building.

Excellent Location
Perfect location for living. Parks, rivers, public transport stops, shops, cafes and restaurants are nearby.

Amazing View
Tenants get amazing view on Kronvalda Park, Daugava river, Old Town and Cable-Stayed Bridge straight from their apartments.
Gallery
Photos clearly show the current condition of the object, its facade, the view from its windows and its excellent location.
Old Town Zone
5,379 m2
4,162 m2
Kronvalda Park - 1 min away
1,119 m2
Daugava River 2 min away and Kronvald ponds - 1 min away
7 floors (including basement, attic and 5 overground floors)
Tram - 2 min away
Trolley and bus - 3 min away


























Plan and
Apartment Dimensions
There is a reception and many apartments of various sizes on the ground floor of the building. The reception is on the sidewalk level and this will allow people with limited mobility to enter the building easily. In addition to the main entrance, the building has 2 additional entrances from different streets and this is a quite convenient option.
On the third floor there are comfortable apartments of different sizes. There are both studio type and 1-bedroom apartments with and without balconies and even some exclusive 2-bedroom apartments with their own private balconies overlooking the park.
On the fith floor there are comfortable apartments of different sizes. There are both studio type and 1-bedroom apartments and even some exclusive 2-bedroom apartments with their own private balconies. Some apartments have an astonishing view on Daugava River and other ones – on the central Kronvalda Park.
On the 6th attic floor there are some technical rooms and apartments with high ceilings and excellent views of the river and the central Kronvalda Park, as well as a superb view of the Old Riga's rooftops.
Location
Building location is the most important criterion when choosing an estate property. The location of Noliktavas 5 is one of its advantages.
5 Noliktavas Street, Riga, LV-1010, Latvia
Marina Skopenkova
I will be happy to provide you with all the necessary information and documentation, so you can get a complete view of the building. Contact me and I’ll show you the building at any time convenient to you.
Contact
Phone:
+371 25152564
Email:
marina@itg.lv