Grēnes

Investment property (10.66 ha) for sale for the development of a new village in Olaine.
Address: "Alfa", Grēnes, Olaines pagasts, Olaines novads.
Cadastral number: 80800030616
Total area: 10.656 ha
Price: 530,000 EUR

Opportunity to purchase a large, contiguous plot of land in a strategically advantageous location – in a green and peaceful environment, with convenient transport connections to Rīga and Olaine. The property is located next to an already developed residential area of private houses, bordering Grēnes iela. The area of over 10.6 hectares currently features a flat terrain without overgrowth, making it an excellent, readily available site for a large-scale real estate development project. Possibility to purchase the adjacent land plots "Beta" (2.53 ha) and "Gamma" (1.84 ha), thereby increasing the total developable area up to 15.03 ha.

According to the topography of the adjacent territories, the following is available:
City water supply and domestic sewerage;
Natural gas connection options;
Telecommunications (including optical fiber) and electrical networks;
Existing land reclamation (ditch) system for surface water drainage.

According to the spatial plan of Olaines novads, the property is located in a Low-rise residential development territory. Thanks to the availability of centralized networks at the property border, the most profitable subdivision scenarios are possible (calculating ~20% of the area for streets and infrastructure):

Detached house development: By building centralized networks, the land can be divided into plots starting from 600 m² (potentially ~140 building plots). Without networks – from 1200 m² (~70 plots).
Row houses: It is possible to build row houses, where each section requires 300 m² (potentially more than 250 sections).
Apartment buildings: Allowed to build buildings up to 3 floors (potential for several hundred apartments).
Public development: It is allowed to place offices, shops, recreation, sports, and educational institutions in the territory.
Main building parameters:
Maximum number of floors: 3 floors (up to 11 meters).
Maximum building density: 30%.
Multiple buildings can be placed on a single plot of land.

In case of questions, please call.