For sale - a land plot in one of the most sought-after and promising neighbourhoods close to Riga city centre, located at 14 Ogļu Street, Ķīpsala.
The property is located within the Mixed Centre Development Area (JC8), a functional zone within the territory of Riga’s Historic Centre and its protection zone, providing for a broad range of mixed-use development opportunities.
In accordance with the JC8 land-use provisions and subject to the planning regulations applicable to the specific land plot within Riga’s Historic Centre and its protection zone, the permitted development may include:
- detached residential houses;
- terraced houses / townhouses;
- apartment buildings;
- office buildings;
- retail and service premises;
- tourism and leisure facilities;
- cultural, educational, healthcare and other public-use facilities.
One of the property’s key advantages is its location in Ķīpsala just a few minutes from Riga city centre, while retaining the peaceful atmosphere characteristic of Ķīpsala, proximity to the Daugava River and the distinctive character of the area’s historic architecture.
The Ola Foundation contemporary art and cultural centre is located directly nearby. The property is easily accessible via an asphalt road.
The land plot has an electricity connection. Connection to the municipal water supply and sewerage networks is planned in accordance with the area development plan.
The property may be particularly attractive to a developer or investor looking for a relatively compact land plot in a prestigious Riga location for the development of a residential or mixed-use project.
The feasibility of a specific development concept and the applicable building parameters should be confirmed in accordance with the planning documents for Riga’s Historic Centre and its protection zone, as well as the requirements applicable to the specific land plot.
For further information about the property and documentation, please contact us!
