Hoffmann Rezidence

Project type

Residential

Location

Kugu 13, Riga

Area

3,512 m2

Expected return

6-8% annually

Invest

Hoffmann Rezidence is a residential renovation project in Riga, Latvia. The project is located at a prime neighbourhood – Klīversala, at the waterfront of river Daugava, providing a panoramic view over the Old Town of Riga. The historic centre of Riga is included in UNESCO World Heritage list. Klīversala is one of the most sought-after neighbourhoods in Riga, with easy access to both the Old Town and the city centre of Riga, making it an attractive location for both locals and tourists. Hoffman Rezidence has convenient access to the public transportation, shopping centres, schools, as well as several parks and green areas.

The development of the project started in 2019 and by now, it is fully completed, has received the usage permit and is move-in ready. The purpose of the initial project development was to renovate an eclecticism building, which was built in the beginning of the 20th century. The finished real estate preserves the historical value of the building and modernizes it with efficient engineering solutions, thus creating unique living experience.

This project is the perfect opportunity for investors looking to capitalize on the rising demand for high-end properties in Riga. Hoffmann Rezidence is a 6-storey building divided into 50 premium apartments, 3 lofts and 7 exclusive penthouse apartments. Each of the apartments has been meticulously designed and furnished with all the amenities, including highest quality materials and high-end appliances that provide modern living conditions. The apartments are ready for future tenants or owners to move in and enjoy the new home right away.

Prospectuses

AS TWINO Properties shares tied to property Hoffmann Rezidence - 21 (category B)
AS TWINO Properties shares tied to property Hoffmann Rezidence - 40 (category C1)
AS TWINO Properties shares tied to property Hoffmann Rezidence - 40 (category C2)
AS TWINO Properties shares tied to property Hoffmann Rezidence - 40 (category C3)
AS TWINO Properties shares tied to property Hoffmann Rezidence - 40 (category C4)
AS TWINO Properties shares tied to property Hoffmann Rezidence - 20 (category D1)
AS TWINO Properties shares tied to property Hoffmann Rezidence - 20 (category D2)