Estonia, Good for Business, Investments, Latvia, Real Estate

Photo: hepsor.eu

In the three-storey building, seven two-room, five three-room and six four-room apartments with full finishing in the area from 40 to 87 m2 were offered for purchase. The building was designed by an architect Uldis Berzins, architectural bureau Tectum. 

The sale of the building's apartments started in September 2018 at the same time as construction. The project was fully finished within 24 months. The average selling price of apartments is 2,450 EUR per m2.

Member of the board of Hepsor, Martti Krass, expressed his satisfaction with achieved results in implementation of the first project in Riga. He said that soon buyers will be able to apply for purchase of apartments in another project nearby.

Hepsor has been operating in Latvia since the end of 2017 and in cooperation with the Estonian construction company Mitt & Perlebach implements several residential projects in the quiet center of the capital and Agenskalns, as well as develops commercial premises on the outskirts of Riga. In the coming years, Hepsor will make large-scale investments not only in the residential but also in the commercial segment, including the construction project Krasta City on the right bank of the river Daugava.

Hepsor was registered in 2017 and belongs to Estonian company Hepsor Latvia Investments. The true beneficiaries are two Estonian citizens.