€723.000
Confirmation
38,41 ha land by the sea in Latvia, Ķurmrags
Property Details
Owner
For sale
38,410 ha
Freehold
Residential
19,200 m²
Single-family dwelling construction is allowed.
In the land registry, a servitude for access to the sea over the dune has been secured for these properties.
Investment Overview
3 adjoining properties 150m from the Baltic sea in Vidzeme's coastline (Gulf of Riga) in Latvia, Kurmrags, just behind the dune. The total area is 38.41 ha. Three separate properties, each with its own land registry - 10.6 (10.58+0.02) ha, 10.07 ha, and 17.74 ha. Exclusive, scenic, and very spacious properties with a large forest area for construction near the sea. Extraction of building authority's notices for permitted construction has been done, topographical surveying is completed, and planning is underway. Electricity connections have been established. Private access road to the plot. 70km to Riga via the European route E67. It's possible to divide the properties into smaller plots by adjusting the boundaries. The area surrounding these properties has experienced and continues to experience a very rapid (multiple) increase in land market prices in recent years. For one property (10.6 ha), a house project has been approved in the Construction Information System BIS (https://bis.gov.lv) - the buyer can obtain a building permit after purchase. In the other two properties, single-family dwelling construction is allowed.
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