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R53_Apartments_en
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earnings
Profitability:
of 10 % p.a. + 50 % increase

R53 APARTMENTS

NEW PROJECT
Status:

Investing

Location:

Jurmala, Latvia

Opening Date:

Q3 2025

Type:

apart-hotel

Capitalisation
forecast:

around 50%

Interest payment
schedule:

quarterly

Developer:
R53_Apartments_en

INFORMATION:

This concept includes the construction and improvement of an apartment building according to international standards, with 76 apartments the status of «flat ownership» with an area from 35 to 68 m², one-room studio type apartments, two-room apartments with one isolated bedroom and living room with a kitchen, and three-room apartments two isolated bedrooms and a living room with a kitchen. The larger apartments have two bathrooms. All apartments on the ground floor have access to the surrounding area and also have their own street terrace. The second and third-floor flats have balconies. The third-floor apartments have access to the roof terrace, which is the property of each of them.

From both staircases, it is possible to access the underground (basement) floor by lift or stairs. On the underground (basement) floor there are 65 parking spaces, 11 storage rooms or auxiliary parking spaces, and technical rooms for equipment. On the land plot, there is a surface car park for 20 parking spaces, which together with the underground parking spaces will provide 85 parking spaces. It is possible to equip 2 surface car parks with electric chargers. The surface car park will have racks for 5 bicycles.

The location of the property in Dzintari, a 10-minute walk from Jomas Street, which is a popular and major tourist destination in Jurmala, as well as some of the most attractive beach access in the city, the Dzintari Concert Hall, the nearby city park «Dzintaru Mezhaparks», the recently built Orthodox Church and excellent transport links to Riga and Riga International Airport make this location particularly suitable for the construction of an apartment block.

BENEFITS:

PROPOSED CONCEPT FOR THE LAYOUT DEVELOPMENT


• 76 apartments with efficient layouts and floor areas from 35 to 68 m²;
• One-room apartments - 43 apartments;
• One-bedroom apartments - 27 apartments;
• Two-bedroom apartments - 6 apartments;
• 65 underground and 20 surface car parks;
• 11 storages.

MANAGEMENT COMPANY


ElitApart takes over the management of the property until its full realisation and payback. Marketing strategy and PR-promotion. Technical specialists systematically monitor the serviceability of all systems (water supply, drainage, electricity, etc.).

PROFITABLE INVESTMENT - DISCOVER RESORTS-HOLIDAY APART-HOTEL


• Best location in the city of Jurmala, close to the main Riga-Jurmala highway;
• Located in Dzintari, close to Jomas Street, event venues and open landscaped beach accesses;
• Excellent choice of public transport and connections by bus, minibus and train;
• The size of the land plot is optimal for development in the city of Jurmala, which increases the liquidity of the property of the object of assessment;
• Strong dynamics of tourism segment development in Latvia in general, and in Jurmala in particular;
• Efficient project layout;
• Absence of competitive property projects;
• Property status: flat ownership;
• Rationality of project resources utilisation.

INFRASTRUCTURE:

Līvu Akvaparks (5 minutes away by car);
Riga historical centre (25 minutes away by car);
Dzintari beach (15 minutes away on foot);
Dzintari Concert Hall (13 minutes away on foot);
Dzintari Forest Park (10 minutes away on foot);
the main tourist street, Jomas (10 minutes away on foot);
Kazan Church (10 minutes away on foot);
Light House restaurant (18 minutes away on foot);
hotel and SPA complex Jurmala SPA (25 minutes away on foot);
Majori railway station (25 minutes away on foot);
Dzintari railway station (5 minutes away on foot).

INVESTMENT OPPORTUNITIES:

Comfortable apartments equipped with furniture and appliances with areas from 35 to 68 m²

THANKS TO OUR EXPERIENCE IN THE FIELD OF PROFITABLE REAL ESTATE WITH US YOU WILL BE EARNING MORE BY INVESTING IN ANY PROJECTS OF OUR COMPANY.

TIME TO INVEST IN PROFITABLE PROPERTY!

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