Latvia Merks plans Riga estate

In the first project stage, three five-storey buildings with 117 apartments are to be built with construction to be completed by the end of the year. It is planned to complete the construction of the buildings by the end of 2021. Merks is acting as both the developer and as the general contractor

Merks Mežpilsēta will be located in one of the greenest neighbourhoods of Riga – Mežciems, which is where young families like to live. The plot is in a unique place, between Dreiliņupīte stream, which is to be cleaned up, and a forest, which is a nice place for walks. In the three energy-efficient buildings of this project 2- and 3-room apartments with living areas of 35-70 sqm will be available. The planned price of the apartments is EUR 1,750-1,950 per sqm. This residential project will be our first project for young families – it will have compact apartments with well thought-out and comfortable layouts at affordable prices while maintaining the quality of Merks real estate projects.
Mikus Freimanis the head of real estate development at Merks