luxury properties for sale Riga, Latvia
Property Riga (Latvia)
he Panorama Residences is exceptional development complex in a newly built property consisting of four buildings, with three already completed. The Panorama Residence III building is for sale with rented apartments, partly rented to hotel operator Mogotel. The third building, constructed by the reputable company Litana, is scheduled to be commissioned in August of this year. The complex is located in a prestigious and convenient area near the SPICE shopping center, the American Embassy, Riga Airport, International schools, the city center, and the Old Town. Architectural Inspiration: The architects were inspired by the concept of panoramic photography, aiming to showcase the spaciousness and airy atmosphere of the building site. Building Features: The buildings are constructed using monolithic concrete and tunnel formwork technology, with ventilated facades and aluminum multi-chamber windows. Modern fire safety systems are installed throughout the building, with addressable fire sensors and voice warning systems in all rooms. Each apartment is designed as an independent fire protection facility. Apartment Layouts: The complex offers apartments of different layouts to suit various preferences. Standard apartments are available from the 3rd to the 22nd floor, with nine apartments per floor including studios, 1-bedroom, 2-bedroom, and 3-bedroom apartments. Apartments from the 1st to the 22nd floor feature full finishes, while those from the 22nd to the 30th floor have a grey finish. Premium apartments, including two duplexes located from the 23rd floor and above, are provided with a grey finish, allowing buyers to choose their own layout and design preferences. Apartment Specifications: Apartments with full finishes include premium grade laminate flooring, installed interior doors with internal hinges and locks featuring magnetic latching mechanisms. Bathrooms are tiled with high-quality tiles made in Spain, featuring a marble pattern, heated towel rails, and heated floors. Sanitary ware, faucets, and showers are provided by Villeroy & Boch and Ideal Standard. Stylish and economical lighting fixtures are installed in all rooms, with warm beige tones, natural stone, and wood colors used throughout the interior design. Overall, the Panorama Residences complex offers modern, luxurious living in a convenient and prestigious location, with attention to detail in both design and functionality.
…By Latvia Sotheby's International Realty
Property Riga (Latvia)
For sale building located in the very Centre of the Old Town on Kalku Street. 10 Kalku Street has 5 high-end and 1 penthouse apartment. On the ground floor of the building there is long-term tenant operating as restaurant - cafe. Building was renovated in 2012. Total area 751,4m2 Leasable area 675,5m2 Commercial space 239m2 Apartments (number / m2) 6 / 436,5m2 - The ground floor (area 239 sqm) is leased to Riga Black Balsam Cafe List of apartments: - Melbourne (51,8 m2) - 1 bedroom, 1 bathroom; - Vancouver (46.9 m2) - 1 bedroom, 1 bathroom; - Amsterdam (30 m2) - 1 bedroom, 1 bathroom; - Stockholm (53,7 m2) - 1 bedroom, 1 bathroom; - São Paulo (84 m2) - 1 bedroom, 2 bathrooms; - Penthouse (170 m2) - 3 bedrooms, 2 bathrooms. Current business model: - Recognized brand St. Roland with more than 5 years of transaction history. - More than 1000 testimonials with many repeat customers. Long-term contracts with tenants in the catering sector in both buildings. Residential (short stays via aggregators). Airbnb; Booking; Reservations via St. Roland. Possible alternative uses: - Sale of individual apartments; - Commercial space; - St. Roland franchise expansion. The properties are a 15-minute drive from Riga International Airport and a 10-minute walk from Central Railway Station. Several restaurants, cafes, shops. Kalku Street is one of the main streets of the Old Town, running through the whole Old Riga, starting from the Freedom Monument and ending at the 11th Novembra Krastmala.
…By Latvia Sotheby's International Realty
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