Land plots for development

To satisfy the demand the developers are actively involved in building multi-storey and row houses on vacant plots along the seashore in Jurmala. There is similar interest in plots in the centre of Riga.

Stages in the selection process for commercial property:

  1. Keeping the client’s key requirements and criteria in mind, we offer advice regarding current market conditions and recommend the optimal type of commercial property for them.
  2. We offer the client a few properties in the selected category, and also share the results of the analyses for feasibility and anticipated return, as well as its development potential.
  3. We supervise all the stages of the transaction – from the first meeting to meeting all the requirements of the parties and signing of the documents at the notary’s office.
  4. We will take upon ourselves to organise the property evaluation, in addition to the due diligence and negotiation process.

A few examples of land plots for development sold by
Silver Fox

Land plot for development in the embassies neighbourhood
Riga, on the corner of Jeruzalemes and Dzirnavu Streets
  • Property: building for reconstruction (884 m2) and adjoining land plot for development (1,151 m2).
  • Location: historical centre, in the prestigious embassies neighbourhood.
  • Development: a historical building was reconstructed, a new residential building with commercial premises on the ground floor was erected on the adjoining plot. The total area of the two buildings is 3,350 m2.
Land plot for development on the bank of the River Daugava
Riga, Balasta Dambis
  • Property: land plot (5 282 m2) for multifunctional development.
  • Location: centre of Riga, in a prestigious business quarter with many tower buildings. Views of the Old Town and the River Daugava.
  • Development potential: building of a 25-floor tower with multi-level parking. Total area according to the project – 45 214 m2.

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