Just across the Daugava from Riga’s historic centre lies Torņakalns — a neighbourhood where urban convenience naturally meets tranquillity, greenery and a more relaxed pace of everyday life.
Here you will find Torņakalna Terases — a modern residential development with thoughtful architecture, generous outdoor spaces and a quiet inner courtyard protected from city traffic.
LIFE WHERE EVERYTHING IS WITHIN REACH
Torņakalns offers convenient connections to the centre of Riga while allowing residents to enjoy the calmer character of the neighbourhood.
Public Transport
Several bus and tram routes are available nearby.
Education
Major educational institutions and the University of Latvia Academic Centre are within walking distance.
Old Town
Quick and direct connections to Riga’s historic centre.
Nature & Active Lifestyle
Victory Park, Arkādija Park, Māras Pond and the Mūkusalas waterfront promenade are all located nearby.
Everyday Convenience
Shops, bakeries, cafés, restaurants, kindergartens and schools are all part of the surrounding neighbourhood.
Nearby by car
Rīga Plaza — 3 min
Victory Park — 2 min
Arkādija Park — 2 min
Āgenskalns Market — 4 min
Max Cekot Kitchen — 2 min
University of Latvia Academic Centre — 0 min
LOOKING TOWARDS THE FUTURE
Torņakalns is developing into one of Riga’s important centres for academic, scientific and innovative activity.
The continued development of the University of Latvia Academic Centre is bringing new infrastructure to the neighbourhood, including the planned House of Sports, House of Health and House of Technology.
This means not only greater convenience today, but also a neighbourhood with strong long-term development potential.
ARCHITECTURE DESIGNED TO INSPIRE
The architecture of Torņakalna Terases is based on a stepped, terraced form that integrates naturally with its surroundings.
The V-shaped arrangement of the buildings creates a spacious private courtyard, while balconies and terraces allow natural light, fresh air and greenery to become part of the living environment.
Thoughtful design for everyday life
spacious balconies and terraces;
large windows and abundant natural light;
an inner courtyard protected from traffic;
preservation of valuable existing trees;
landscaped green surroundings;
a safe environment for children and peaceful relaxation.
Here, home is more than an interior — it is also outdoor space, privacy and the opportunity to live closer to nature.
COMFORT BUILT INTO EVERY DETAIL
Energy Efficiency Class A
An energy-efficient building helps reduce heating costs while supporting more responsible use of resources.
Triple-Glazed PVC Windows
High-quality windows provide excellent thermal and acoustic insulation while allowing plenty of natural light into the apartments.
Underfloor Heating
Underfloor heating provides a comfortable indoor climate throughout the year.
Individual Ventilation with Heat Recovery
Efficient ventilation helps maintain a comfortable and healthy indoor environment.
Quality Interior Finishes
Apartments feature painted walls and ceilings, wooden parquet flooring in living areas, and tiles in bathrooms and entrance zones.
Reinforced Concrete Structures
Robust reinforced concrete construction provides stability, safety, durability and good acoustic insulation between apartments.
EVERYTHING YOU NEED FOR EVERYDAY COMFORT
Each stairwell is equipped with a lift serving all floors, including the underground parking level.
Dedicated spaces on the ground floor are provided for storing prams and bicycles, while individual storage units are available on the underground level.
Selected larger apartments also offer the possibility of creating a private sauna.
YOUR OWN OUTDOOR SPACE
Most apartments feature a private balcony or terrace.
Ground-floor apartments — private terraces.
Upper-floor apartments — balconies and rooftop terraces.
For your morning coffee. For evening conversations. For a quiet moment after a long day.
WHY TORŅAKALNA TERASES?
01 — Bright, spacious homes
Thoughtful and functional layouts, large windows and Energy Efficiency Class A.
02 — Excellent connectivity
Convenient access to Riga city centre, the Old Town and other parts of the city.
03 — A neighbourhood with a future
Academic life, science, culture, work and everyday infrastructure come together nearby.
04 — Greenery in the city
Parks, the Daugava, waterfront promenades and recreational areas are close at hand.
05 — Privacy and tranquillity
The V-shaped building arrangement creates a protected inner courtyard, separated from city traffic.
A BALANCED PLACE TO LIVE
Close enough to enjoy everything the city has to offer.
Calm enough to slow down and enjoy life.
Torņakalna Terases is for those looking for more than square metres — a modern home, a high-quality living environment and a location with long-term potential.
PURCHASE PROCESS
1. APARTMENT RESERVATION
Once you have decided to purchase an apartment, a Reservation Agreement is signed and a €2,500 reservation fee is paid.
The reservation period is 30 days. If the Preliminary Purchase Agreement is not signed within this period, the reservation fee will be refunded.
2. PRELIMINARY PURCHASE AGREEMENT
Within 30 days, the Preliminary Purchase Agreement must be signed and 15% of the total apartment purchase price paid, including the previously paid reservation fee.
The required amount may differ if the ALTUM programme is used.
3. PURCHASE AGREEMENT
Once the apartment is ready, the Purchase Agreement and Property Management Agreement are signed.
The remaining balance and applicable fees are paid, after which the property is registered in the Land Register in the buyer’s name.
The keys are handed over once the Land Register registration has been completed.
WHAT IS INCLUDED IN THE PRICE?
The contract price includes:
full completion of the apartment in accordance with the project documentation;
construction and connection of engineering networks — water, electricity, sewage, heating and ventilation;
readiness for connection to data transmission systems.
Additional costs
The contract price does not include:
parking space;
storage unit;
notary and state fees;
connection costs for data services, cable television, telephone and security services.
ADDITIONAL OPTIONS
Storage Units
The number of storage units is limited.
Storage units are available for an additional €7,900, depending on their size.
Underground Parking
The number of parking spaces is limited.
Owners of three- and four-room apartments are allocated one parking space.
Underground parking space — €24,900.
All parking spaces are individually numbered and assigned to their respective owners.
SAVE UP TO 8% WITH AN EARLY PURCHASE
By making a larger initial payment, buyers may receive a discount of up to 8% of the total purchase price.*
Example:
Apartment price — €200,000
8% discount — €16,000
Price after discount — €184,000
The offer is subject to the terms of signing the Preliminary Purchase Agreement and the applicable payment deadlines.
TORŅAKALNA TERASES
Where urban convenience meets tranquillity.
Where architecture opens up to light and greenery.
Where life has more room to breathe.
Choose your home in Torņakalns.
