Property description
- Latvia, Riga, Ilguciems
- Balta
A commercial property is for sale, ideally suited for warehouses, production, or a logistics center. The property is located at Balta Street 3, in an area with well-developed infrastructure. Convenient access roads and the ability for truck entry ensure easy transportation accessibility.
The property is located in the city of Riga, in the Iļģuciema neighborhood, in a block surrounded by Balta, Daugavgrīvas, and Riekstu streets. The surrounding area is historically developed with industrial and warehouse buildings, as well as private houses and multi-apartment residential buildings.
The city center is approximately 6 km away, or a 15-minute drive by car. Convenient public transport connections to the city center and other neighborhoods are provided by bus, trolleybus, and tram routes. The nearest tram stop is located approximately 100 meters away, on Balta Street.
Within a 100-1000 meter radius, there are schools, kindergartens, medical facilities, and shopping centers, making the location convenient for both business and staff.
The property is ready for use as a warehouse, production facility, or for other commercial needs. There is an active construction permit, allowing for adaptation of the property to meet any business requirements.
There is the option to purchase the property in parts. The entrance road to the property is asphalted.
Basic parameters:
Finance and management:
Location on Map
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
What you should know, purchasing a property in Latvia
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.