Merko Ehitus: Start of the construction of the first stage of Merks Magnolijas residential project (Riga, Latvia)

Merko EhitusSIA Merks Mājas, part of AS Merko Ehitus group, has started the construction of the first stage of Merks Magnolijas residential project in Pārdaugava area in Riga. Two three-storey buildings at Skrines St. 6 and 8 with 96 apartments will be completed in the summer of 2023.

Merks Magnolijas (merksmagnolijas.lv) residential buildings will have energy class B rating. The size of the apartments ranges between 58 to 103 square metres and the price per square metre ranges from 1,955 to 2,535 euros.

The residential development is located in the quiet and peaceful Sampeteris, which now stands out for its low-rise buildings, lovely mansions and well-kept gardens. The development will have outdoor parking spaces, a children’s playground and a bicycle stand. Fenced yard together with security cameras will provide privacy and additional security for apartment owners. All apartments will have spacious balconies and high-rise ceilings, both buildings will have common storage rooms area.

SIA Merks Mājas (www.merksmajas.lv) is a residential development subsidiary of SIA Merks.
SIA Merks (www.merks.lv) is a Latvian construction company, which offers construction services in the fields of general construction, civil engineering, and residential construction.

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06.-08.09.2022 Kinnisvara ABC