Description:

Investment opportunity in Olaine – real estate for sale in the center of Olaine, in a very developed area on Strazdu Street. The real estate includes a two-story building of 871m2 and land of 4371m2. The total area of the buildings after construction is planned to be 2008m2

A construction project has been developed - it envisages the complete reconstruction of the existing building into an apartment building, by constructing an additional 3rd floor to the building. A total of 21 apartments are planned in this building, ranging in size from 40m2 to 62m2 (from 1 to 3 rooms). The construction project for the second phase has been agreed in its minimum composition and it envisages a new residential building with a total area of 786m2, in which it is planned to place 15 two-room apartments.

However: Initially, it was planned to build apartment buildings on this property, for which a reconstruction project has been developed, but due to economic considerations, the project was directed towards the creation of a nursing home. The object has a valid Building Permit. The creation of the nursing home is also planned in 2 construction phases.

There are options!

There are all city communications. Connection to the central electricity network, centralized cold water supply and sewage. Heating - city centralized heating.

Very good infrastructure, public transport. Nearby schools, kindergartens, shops, train station or everything you need for a comfortable life. Riga center 30min drive away.

• Central heating
• Autonomous heating

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