Luxury apartments for sale in an exclusive project -

€670 000
ID 98574 Uploaded 08.07.2025
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We offer an exclusive apartment in the new Gypsum Factory project!

The residential project "Gypsum Factory" is located in a cozy green part of Kipsala Island on the left bank of the Daugava River. The project with an internal garden includes 58 luxury apartments and 4 exclusive villas. A quiet coastal center of Riga, a unique loft of high architecture, style and comfort of the XXI century. The project was commissioned in 2013. From here you can enjoy a beautiful view of Old Riga, the port and the Presidential Palace. A few steps from the apartment there is a private pier for boats and yachts.

On Kipsala there is the Riga International School, which exists for the education of children of ambassadors and other foreign specialists and accepts children from 2 to 14 years old. In addition, on Kipsala, just a few minutes from the Gypsum Factory project, you will find the Swedbank central office building, the Islande Hotel with 5 halls for holding conferences and banquets. For shopping, you can go to the Olimpia shopping center, where in addition to the big RIMI there are also clothing stores, shoes, perfumes, etc. For big purchases, you can go to the largest shopping center in Latvia, SPICE, located just 6 km from Kipsala. And also you will definitely be pleasantly surprised by visiting the market on Kalnciema Street. This street is part of the unique heritage of wooden architecture in Europe. Cultural and business events are often held here. For sports lovers on Kipsala there is a sports center with a swimming pool „Kipsala”, as well as a sports club „City Fitness Olimpia”.

The apartment is located on the third floor of a four-storey building. The apartment is decorated with the best quality materials from leading manufacturers. An air conditioning system and an alarm system are installed. The apartment consists of a living room with a kitchen area (Bulthaup kitchen with built-in Gagenau appliances), three bedrooms, two bathrooms and two balconies (total area 4.4 sq.m.).

Underground parking is included in the price.

Agency: Mercury Group Ltd
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