ARCO REAL ESTATE

ID: 76717 Edited: 20.04.2018.

Felicity Apartments is a modern and sustainable, seven-floor building. The apartment house is located in the historical center of Riga, close to the beautiful park, sophisticated restaurants, theatres and cinema.

The 62 comfortable apartments (35 to 101 m2) are on offer with high-quality full interior finishing, energy efficiency, an underground carpark and storage for your property.

Each apartment is all the more charming because of French balconies, while residents on the sixth floor will enjoy a large roof terrace with a great view of the Rīga skyline. A particular advantage for the building is private gardens for people who live on the first floor.

The layout is such that larger flats can be split in two, thus making them advantageous both as homes and as investments.

The romantic yard of the building is the historical pedestrian street along Upītis Passage. It is improved and greened, and it links E.Birznieka-Upīša Street to Dzirnavu, Čaka and Lāčplēša streets. The building main courtyard is done as the ‘Upīša Passage’ continuity- both as spatial uniqueness and commercial potential.

There are commercial spaces located on the first floor from the courtyard side as well as from the street side.


SUSTAINABILITY AND SOCIAL RESPONSIBILITY

This is the very first residential building in Latvia built in compliance with the requirements of BREEAM, the internationally recognized sustainable building assessment method.

BREEAM (British Research Establishment Environmental Assessment Method) certified buildings are generally recognized as environmentally and user-friendly, resource efficient construction models. Due to careful and thorough planning, construction, selection of materials and technologies, the building performs as a unified efficient system demonstrating best practices by far surpassing requirements stipulated by the law.

These buildings are of higher property value and demand in the market. According to the worldwide market practice, market value of sustainable buildings, if compared with regular buildings, can be up to 16% higher, management costs - about 8-10% lower and rental costs - about 4% higher.