Real Estate for Sale: Riga, Latvia, Prime Property Villa in Riga LATVIA - Smilga street 26

Asking Price: $1,700,000
Location: Smilga street 26
City: Riga
State/Province: Riga
Country: Latvia
Type: Business

The property is located in one of the most beautiful and colouring places of Riga in close distance from city center.
Professional reconstruction research and architectural works have been performed in the building with an aim to stress the value of the building up to the maximum and at the same time – to add the convenience of use characteristic for nowadays.
In the framework of the project a full reconstruction with long-term guarantees of construction works has been performed, including the basic repair works and improvement of both buildings.
A completely new construction corresponding to the EU standards, as well as construction and connection of all outer and inner communications have been performed. Also, the basic works of facade and inner finish have been executed.
In accordance with the development plan of Riga City for the year 2006-2016, the basic exploitation of the property is living area with additional functions:
administrative body,
object of trade and services,
business transactions body,
institution of culture,
institution of medical treatment,
sports centre.
The value of the property confirmed by the credit institution is 1. EUR at the moment and its value in future, after the planned inner finish works and improvement has been fully implemented, is 1. EUR. The property is not subject to special bans and it is free to be purchased by the natural or legal persons of residents and non-residents.

E-Mail: http://www.citima.com/realestate.php?view=smilga%2026