Merko starts second phase of Gailezera Nami resi project in Riga

Merko starts second phase of Gailezera Nami resi project in Riga

Published at: 2018-12-13 10:54 | Author: CIJ Baltics
SIA Merks, part of AS Merko Ehitus Group, broke ground on the second phase of its Gailezera Nami residential project in Riga. This phase will include 96 apartments in three nine-story buildings as well as children's play areas, covered parking and storage rooms. The apartments will range between 63 sqm and 109 sqm. Prices will average €1,800 per sqm. Completion is scheduled for early 2020. The first phase of the project, which included three apartment buildings, was completed in February.

Similar Stories:

Berlin’s battle over resi rents heats up with referendum call
With a rise in rent provokes anger in Berlin, some residents are hoping to put the squeeze  »
Rising residential prices driving up Prague rents
Demand for rental apartments is growing rapidly, driving up the price of rents, according  »
Kovanda: Flats in Prague could double in price by 2030
Prague is missing 20,000 flats, writes the economist Lukáš Kovanda, and with 160,000 new  »
Apartment sales start at Jagodno project in Wrocław
Robyg has laid the foundation stone at the Jagodno scheme, going up between Buforowa and K  »
Investors from China, Russia and other countries are leading a growing influx of foreign f   »
Czech Republic  ♦  Round Hill plots European growth
The buildings are located in Helsinki and in regional towns near the south of the country.   »
The 340 apartments, built in a total of nine buildings, have long since sold out as Slovak   »
Emotions are running high on the Romanian residential market where demand is outstripping   »