Development Project In Jurmala

Price: 1 500 000 EUR

Available

Property for sale with development potential in central Jūrmala – Dzintaru Prospect.

The property is located on one of the most prestigious streets in the city, approximately 300 meters from the sea and 200 meters from the Dzintari Concert Hall, with convenient access and well-developed infrastructure.

The land plot area is 3,459 m². There are five buildings on the property, including an early 20th-century residential building that is a regionally significant architectural monument. This building faces Dzintaru Prospect and plays an important role in shaping the streetscape and urban character of the area. The remaining buildings are in varying technical condition and are intended for reconstruction or replacement with new development.

The development potential of the property allows for a well-considered, high-quality project that combines the preservation of existing buildings and cultural heritage with the integration of new construction in accordance with the spatial plan. Depending on the chosen concept, it is possible to reconstruct the existing buildings or construct new ones, while retaining the regionally significant architectural monument as the central element of the project. The zoning (JC7) and development parameters provide flexibility for a range of functions – residential, hospitality, commercial, or public use – while maintaining Jūrmala’s characteristic scale, green environment, and architectural quality.

The land plot is connected to municipal engineering infrastructure – electricity, water supply, and sewage – and it is also possible to connect gas heating.

Technical parameters:
• Existing buildings: 5 buildings, including a regionally significant architectural monument
• Maximum building density: up to 30%
• Maximum building intensity: up to 78%
• Maximum building height: up to 12 m (up to 3 storeys)
• Minimum free (green) area: 40%
• Land subdivision: not permitted
• Utilities: electricity, water supply, sewage; gas connection possible

For more detailed information about this property visit our local Latvia Sotheby’s International Realty website – CLICK HERE

Invest in Your future!

Latvia Sotheby's International Realty has been representing the prestigious Sotheby's International Realty brand in Latvia since 2010. We are part of a global luxury real estate network that includes 26,000 agents across more than 1,100 offices in 86 countries and territories. Our team in Latvia collaborates closely with this international network to provide global sales support and top-tier services at the local level. We offer luxury real estate services, comprehensive legal consultations, and effective marketing solutions. Our experts provide exclusive international marketing opportunities and access to a unique global high-class real estate network, collaborating with esteemed media outlets such as the Financial Times, The New York Times, The Wall Street Journal, and Elite Traveler. We are committed to delivering first-class service and a personalized approach to each client.

Don’t wait to secure your opportunity.

For any questions regarding property purchase process or obtaining residence permit in Latvia please reach out to Latvia Sotheby’s International Realty Sales Experts!