Investment object For Sale, Jelgavas street 5, Jūrmala, Bulduri / 235 000 €

Multifunctional Investment Property for Sale in Bulduri – Exceptional Development Potential

A unique investment opportunity in the heart of Bulduri, offering an excellent location and a wide range of development possibilities. The property has been officially commissioned and is connected to all modern city utilities. The JC3 zoning designation provides maximum flexibility for both residential and commercial development projects.

Property Details
Land area: 465 m²
Zoning status: JC3
Building coverage: 46%
Existing building: solid brick construction, 1 storey
Building area: 180 m²
Property officially commissioned and approved for use
Connected to all modern municipal utilities, including natural gas
Property is being sold in shell condition (without renovation)
Development & Investment Potential
Permitted building height: up to 12 metres
Existing foundations designed to support up to 5 storeys
Strong and durable brick structure
Private 14-metre-high chimney
Potential rental income: EUR 7–10/m²
Wide Range of Possible Uses

The JC3 zoning allows for numerous development concepts, including:

Apartments or residential units
Long-term or short-term rental projects
Hostel
Townhouse development
Guest house
Office building
Restaurant, café, or other food-service business
Medical centre
SPA, wellness, or rehabilitation facility
Sauna complex
Beauty and aesthetic services centre
Any other residential or commercial development project
Prime Location
Only 500 m from the sea
700 m from the river
Located in the centre of Bulduri
Well-developed infrastructure
Convenient access and transportation connections
Prestigious and highly sought-after neighbourhood

This property offers outstanding development potential in one of the most desirable areas of Jūrmala. With its commissioned status, solid construction, flexible JC3 zoning, and prime location close to both the sea and local amenities, it is an excellent opportunity for private development, income-generating projects, or large-scale investment ventures.