Hepsor Jugla SIA's New Construction Milestone
Hepsor Jugla SIA, part of the Hepsor AS Group, has recently made waves by signing a construction contract valued at 8.2 million euros for their latest residential project. This remarkable initiative involves the development of the Za?? Jugla residential estate, a project that promises to transform the living landscape in the area.
What to Expect from the Za?? Jugla Project
The first phase of the Za?? Jugla residential development will feature two apartment buildings, providing a total of 70 brand-new homes. With a sellable area of 4,262 m², the project aims to meet the growing demand for modern living spaces. Anticipated completion is set for the second quarter of 2027, marking another step forward in enhancing residential offerings within the region.
Comprehensive Development Plans
The overall vision for the Za?? Jugla project includes three apartment buildings, amounting to 105 new homes with a combined sellable area of 6,393 m². Exciting developments are on the horizon as the second phase of construction is projected to kick off in 2026. Together, both phases carry a total estimated cost of 15 million euros, reflecting the substantial investment in high-quality urban living.
Living in Harmony with Nature
Positioned in a serene environment by Lake Jugla, the Za?? Jugla development offers the allure of green living. Future residents will enjoy contemporary energy-efficient apartments classified as A+ class, boasting spacious balconies. Additional amenities include playgrounds, recreational areas, and facilities for electric vehicle charging. The project aims to create a secure and family-friendly atmosphere, complete with bicycle storage and fenced community spaces.
Hepsor's Track Record of Success
Hepsor has a solid history in the construction industry, having successfully completed 404 homes in Latvia, with an impressive 96% sell-through rate. Moving forward, the company anticipates completing over 500 new homes in the forthcoming years, further establishing itself as a key player in the residential real estate market.
Connecting with Hepsor
If you're interested in learning more about Hepsor's projects or have any inquiries, Martti Krass, a member of the Management Board, is readily available. You can reach him at +372 5692 4919 or via email at martti@hepsor.ee.
Frequently Asked Questions
What is the total value of the construction contract?
The total value of the construction contract for the Za?? Jugla residential project is 8.2 million euros, excluding VAT.
When is the expected completion date for the first phase?
The first phase of the project is expected to be completed in the second quarter of 2027.
How many homes will the entire Za?? Jugla development include?
The entire project will consist of three buildings, offering a total of 105 homes.
What are the main features of the Za?? Jugla apartments?
The apartments will be modern, energy-efficient, with spacious balconies and include amenities such as playgrounds and electric vehicle charging stations.
What has been Hepsor's track record in housing?
Hepsor has completed 404 homes in Latvia, achieving a 96% sales rate and is set to complete over 500 more homes in the upcoming years.
