a
Print
version

18 000 000 €

Commercial apartment building in Riga, Latvia, 18 393 sq.m

Please use property search to find similar property or leave a request for Prian.info subscribers.

  • Commercial apartment building in Riga, Latvia, 18 393 sq.m - picture 1
1/1
  • Commercial apartment building in Riga, Latvia, 18 393 sq.m - picture 1
  • Property ID on Prian.info: 3339237
    Last update: 02.02.2022
    Number of views: 1106

18 000 000 €

Commercial apartment building in Riga, Latvia, 18 393 sq.m

18393 sq.m

  • Property ID on Prian.info: 3339237
    Last update: 02.02.2022
    Number of views: 1106

Specifications

Sale price 18 000 000 €
Price per square meter 978.63 €
Floor area 18 393 sq.m
Construction phase New building
Number of storeys 30
Floor -1
Address Latvia, Riga

Description

An exclusive investment property with an ambitious return on investment. Several options for attracting investments are being considered. The construction of one 30-storey building has begun, which requires an additional investment of 18,000,000 euros to complete the building with full finishing. Construction of the second building has not yet begun and its total investment required is € 27,000,000. These houses are built as apartment buildings with underground parking. A very effective plan has now been developed on how to sell all apartments with maximum profit. Different models of cooperation are possible, we consider both sales and cooperation in the implementation of the project, and attracting several investors to the project. We will discuss this process with each investor separately. The return on investment during the implementation of the project is 30% or more.