Return on investment calculation

i

i

i

Potential investment value

6,200,000

6,200,000

6,200,000

i

i

i

Total realization value

9,268,480

9,268,480

9,268,480

9,268,480

i

i

i

Return on Investment (ROI)

31

31

31

31

%

%

%

i

i

i

Annual Yield

10.38

10.38

10.38

10.38

%

%

%

i

i

i

Potential cash flow for today

0

0

0

0

Information about the property

Property price

600,000

600,000

600,000

Property type

Earth with a project

Building area

3,470

Useful area

2,718

Land area

1,116

Number of floors

7

Number of apartments or spaces

0

Communication

Heating type: Gas heating

Sewage: Is

Water connection: Is

Water connection: Is

Other conveniences

Underground parking lot

Lift

Balcony

Property description

Investment opportunity in the centre of Riga – development land plot at Pulkveža Brieža street 17A

We offer an excellent opportunity to develop a multifunctional real estate project in one of the most sought-after locations in Riga – Pulkveža Brieža street 17A. Great potential for both residential and commercial development, thanks to its strategic location and the already developed technical project. The surrounding environment has evolved into a prestigious residential and business area, where both the demand for purchase and rental of high-quality properties remains consistently high.

Main indicators of the property

  • Location: Centre of Riga

  • Land plot area: 1,116 m²

  • Permitted development: Multi-storey residential building with commercial spaces on the lower floors

  • Total building area: 3,466 m²

  • Number of floors: 7

  • Number of apartments: 19

  • Residential area: 2,300 m²

  • Commercial spaces (1st and 2nd floor): 549.7 m²

  • Parking spaces: 11 spaces in the underground parking

  • Building density: 56.3%

Development opportunities and advantages:

  • Exclusive apartments with high added value, ensured by the location, thoughtful layouts, and modern architectural solutions.

  • Commercial spaces on the first floors

  • High demand from tenants and buyers, thanks to the location in the business centre.

  • Stable investment return and long-term value appreciation, due to the possibility to adapt the project to market needs and ensure a competitive rental income flow.

Infrastructure and technical solutions

The property is connected to city engineering networks, providing all necessary resources for the implementation of the development project.

  • Water supply and sewage: Connection to city networks.

  • Heating: Local gas heating with individual heat meters in each unit.

  • Ventilation: A recovery and air conditioning system is provided for commercial spaces, while living areas are equipped with natural ventilation.

  • Transport accessibility: Excellent traffic infrastructure, convenient access by car and public transport.

For more information about the land plot and project, please contact us.

Property location

Rīga, Valentīna iela 16

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Find your most profitable investment property now

1 37 is a real estate agency that provides the best experience and a full range of services – from the first consultation to the magical moment when you receive the keys to your property.

©2025 All rights reserved. The website was developed by visualwise.io

Footer Image

Find your most profitable investment property now

1 37 is a real estate agency that provides the best experience and a full range of services – from the first consultation to the magical moment when you receive the keys to your property.

©2025 All rights reserved. The website was developed by visualwise.io

Footer Image

Find your most profitable investment property now

1 37 is a real estate agency that provides the best experience and a full range of services – from the first consultation to the magical moment when you receive the keys to your property.

©2025 All rights reserved. The website was developed by visualwise.io