08-05-2026
The sale of a land plot in a prime location next to Riga Waterfront was ranked among the TOP 5 largest real estate transactions in Latvia in February 2026.
The buyer, a private developer from the UAE, acquired land plots with an approved technical project for the construction of two residential buildings.
The project includes:
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72 apartments
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3,486 m² of residential space
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a contemporary residential development format
For the investor, this acquisition was not simply the purchase of an asset, but an entry into a development project with a clear architectural, commercial, and investment logic.
The Mercury Group team provided comprehensive transaction support — from asset analysis and negotiations to structuring and closing.
The next stages include pre-sales consulting, marketing strategy, project implementation, and sales.
The transaction was led by Mercury Group sales expert Anastasia Zavatskaya:
[email protected], +371 26688919
The sale, acquisition, and development of investment projects in Latvia require precise calculation and impeccable expertise. Mercury Group is a professional real estate team with experience dating back to 2000, where strategic approach, confidentiality, and results are the standard.
