The new housing project at Stabu Street is a home for a true city dweller that meets the latest high-standard requirements: the project has it all – from Class A energy efficiency (high-class windows, adjustable, subfloor heating and a fresh air recuperator in every living room) to the best present-day indoor improvement solutions - contemporary design, window walls in some apartments, 3-meter high exposed concrete ceiling that create the aura of the ideal city apartment and the mood of a premium property.

Furthermore, the building’s architecture competes with the best and most modern examples of European architecture in the residential segment, fits perfectly into the urban environment and stands out among the recent uniform prefab buildings. Reinforced concrete foundation piles, building frame and coverings guarantee durability of the building. Aluminium windows and glazed facade system is integrated into the building, which is not a common solution in residential developments in Latvia. What's special is that none of the apartments in the building face the north, receiving plenty of natural light. The bulk of the apartments come with balconies or terraces.

Additional advantages!

High rental yield! Taking into account the ever-current demand in downtown rental apartments, the purchase of property in this building will serve as a profitable instrument for gaining a passive income with an ever-stable cash flow. Most of the new office centres are emerging right there in the neighbouring Skanste, so the location at the contact point of the city's historic and new centre ensures an even higher demand in rental apartments. It can already be seen that household spending is increasing not only for housing maintenance due to the increase in energy prices, but the change in habits is also influenced by the overall cost of living and inflation. This means that tenants will gladly choose smaller apartments, and investors are offered compact rental apartments, which allow to gain a significantly higher rental price per square meter. The rent of studio apartments in the project will surely exceed 20 EUR per square meter.

Great location! The building stands at the peaceful intersection of Skolas and Stabu Streets, right here you can live according to the 15-minute city concept – all daily necessities are found at a walking distance. The two streets that the facades of the building face are one-way streets, hence there is a low traffic along the streets. On the other hand, the noisiest arterial streets of Riga - Brīvības and Valdemāra Streets - are located far enough away to not hear the noise reigning there, yet they lie a few minutes' walk away at the same time. Excellent public transport service is available next to the building, as well as Riga's best bicycle lanes along Skolas and Bruņinieku Streets.

Outdoor space in the very centre of the city! You can feel the taste of the city both while looking out the large windows and sipping coffee on the balconies or terraces. The upper floors of the building have terraces offering a unique view of Riga including both the historical architecture and the modern skyscrapers.

BUILDING

7 floors, 33 apartments and two commercial premises on the ground floor

Reinforced concrete foundation piles, building frame and coverings

Class A energy efficiency (heating consumption only 39 kWh /m 2 per year), the best among buildings with a partially glazed facade.

The latest solutions – floor convectors allow optimal use of space, the latest generation Schindler elevator

On the ground floor - bright and comfortable commercial premises

APARTMENTS

Modern design, fully furnished apartments

Exposed concrete ceiling, some walls and columns

Wide plank parquet flooring, large-size design tiles 120x60cm in the bathrooms, veneered wooden doors

Balconies or terraces throughout the building except 2 apartments

The ceiling height is 3 meters, some of the apartments have window walls

Adjustable heating

Fresh air recuperator in each living room

ARCHITECTURE

Unique and modern architecture
Triple-pane aluminium windows and glazed facade system (U value on average 0.91 W/m2K)
Excellent insolation, plenty of natural light

LOCATION

Silent area of the city, the building standing between one-way streets with low traffic

Both the lively centre of the city and Skanste District is a 5 to 10 - minute walk away

Easy access to public transport and bike lanes