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+371 25152564

Price:

5,355,000 EUR

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

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Living Area:

4162m2

Build-up Area:

1119m2

Number of usable floors:

7

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Number of apartments:

118

Price:

5'355'000 EUR

Property Highlights

This property becomes even more attractive thanks to its
very important features.

Finished and Approved Project
Ready For Active Construction
Metal Profiles in Stock
Everyone knows that in order to develop and approve a project, it is necessary to spend a lot of time and money, especially when it comes to an object with an area of 5,379 m2. The development and approval of the project takes up to 2 years  which means 2 years of lost profit. In our case there is no need to spend so much time, since the project has already been approved and you can begin construction even today. Which saves you 2 years.
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.

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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

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Great Opportunities

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

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Excellent Location

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

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Amazing View

Tenants get amazing view on Kronvalda Park, Daugava river, Old Town and Cable-Stayed Bridge straight from their apartments.

Plan and
Apartment Dimensions

Due to the fact that the project implies lowering the level of the inside yard surface almost to the level of the basement floor it will allow making full-length windows and getting lots of additional light. This will allow turning the basement into a standard floor where you can enjoy comfortable staying.
 
Apartments ......................................... average 20m2 (9 pcs)

Offices ............................. 110m2

Gym ........................................................ 52m2 Laundry .................................................17m2
Storage facility ................................... 17m2

                  
Basement Plan PDF

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.

 

Studio apartments .......................... average 22m2 (10 pcs)
1-Bedroom apartments ................. average 34m2 (8pcs)
Reception ............................................ 83m2

Co-working................................19m2

                 
Floor-1 Plan PDF
On the second 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
 

Studio apartments .................................... average 20m2 (7pcs)
1-Bedroom apartments .......................... average 35m2 (12pcs)
2-Bedroom apartments .......................... 60m2 (1pcs)

                 
Floor-2 Plan PDF

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.

 

Studio apartments .................................... average 20m2 (7pcs)
1-Bedroom apartments .......................... average 35m2 (12pcs)
2-Bedroom apartments .......................... 60m2 (1pcs)

                 
Floor-3 Plan PDF
On the fourth 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 overlooking the park.
 

Studio apartments .................................... average 20m2 (7pcs)
1-Bedroom apartments .......................... average 35m2 (12pcs)
2-Bedroom apartments .......................... 60m2 (1pcs)

                 
Floor-4 Plan PDF

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.

 

Studio apartments .................................... average 20m2 (7pcs)
1-Bedroom apartments .......................... average 35m2 (12pcs)
2-Bedroom apartments .......................... 60m2 (1pcs)

                 
Floor-5 Plan PDF

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.

 

1-Bedroom apartments .......................... average 35m2 (6pcs)

2-Bedroom apartments .......................... average 60m2 (5pcs)

                 
Floor-6 Plan PDF

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