Project of a multi-storey residential building, Riga, Embassy Area. 

Ideal location for an elite apartment building, office building or hotel. The area of the plot is 961 m2, the main demolition work and preliminary works have already been completed. A building permit was obtained and a technical design was prepared. The total area of the planned building is 2382. 6 m2. According to the developed plan it is possible to build 2 buildings of 4 and 6 floors, the total number of apartments is 16. The project implementation period is 2 years. Estimated costs for construction - 1000-1100 euros per m2. The possible profitability in the case of the sale of apartments is 3,000-3,300 euros per m2. Parking - 40 000 euros per seat.