In the centre of Riga, close to Vidzeme market, is this prospective property, which can be renovated into a great apartment building.
According to the Riga Detailed Development Plan, this property is located in JC3 zoning, which allows the construction of multi-storey houses.
JC3 - (Mixed Centre Development Area) is a functional zone defined for an area where a wide range of mixed uses are planned or used
as a town or neighbourhood centre, or an area of development planned to be developed as such. These areas primarily provide for housing and
the quality of the urban environment required for public functions.
Main types of development:
Office
Detached housing
Terraced housing
Apartment houses
Commercial and/or service buildings.
Building intensity - up to 320%;
Green open space ratio (%) - 30%.
The centre has always been and will continue to be the most attractive district for residential and small business, providing better potential for finding tenants and occupiers, as well as a higher return on investment.
Call or dig in, I will answer your questions and arrange a tour of the property.
