Prime Investment Property in the Center of Riga \u2013 P\u0113rnavas Street 13
\nWe offer a highly prospective land plot of 1,502 m\u00b2, strategically located on the border of the city center. The property is situated in a mixed center development territory (JC8), providing wide and versatile opportunities for both residential and commercial development.
\nDevelopment Vision and Potential:
\nTwo potential residential development concepts have been designed for the site:
\nScenario 1 (Maximum Yield): Total building volume of 4,410 m\u00b2 (including 1,320 m\u00b2 underground parking and 3,090 m\u00b2 residential area). Planned apartments: 45, parking spaces: 40. Building intensity: 205%.
\nScenario 2 (Exclusive Development): Total building volume of 1,780 m\u00b2. Planned apartments: 20, parking spaces: 27. Building intensity: 118%.
\nZoning Regulations:
\nAccording to the Riga Development Plan, the property is located in a mixed-use zone, allowing for the development of both residential and commercial functions. The area is designated for perimeter development, and based on preliminary development plans, the maximum permitted height is 7 floors.
\nLocation & Infrastructure:
\nThe main advantage of this property is its excellent infrastructure and proximity to Riga’s Central Business District. Schools, kindergartens, and public transport networks are easily accessible. The “Domina Shopping” center is just 1 km away, and several city parks are located within a 1 km radius, offering great leisure opportunities.","protected":false},"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","property_category":[1560,1501],"property_type_category":[6],"property_district":[755],"property_pagasts":[1241],"property_project_category":[],"class_list":["post-2049496","property","type-property","status-publish","hentry","property_category-daudzstavu-apbuve","property_category-zeme","property_type_category-for-sale","property_district-riga","property_pagasts-centrs"],"yoast_head":"\n