Nordale

Property details
  • Developer
    Developer Invego
  • Property type
    Property type Apartments
  • Bedroom
    Bedroom 1, 2, 3, 4
Amenities
  • Parking Spaces
    Parking Spaces
  • Balcony
    Balcony
  • Green Area
    Green Area
  • Shopping Mall
    Shopping Mall
  • Restaurants & Cafes
    Restaurants & Cafes
  • Schools
    Schools
  • Kindergarten
    Kindergarten
About property

Nordale is a district-scale residential development located in Mežciems, one of Riga’s greenest and most established residential areas. Positioned next to the historic Riga Film Studio and directly adjacent to Biķernieki Forest, the project represents a transition from traditional residential construction toward a structured urban district concept. Unlike standalone apartment buildings, Nordale is planned as a multi-phase development spanning several hectares, designed to evolve into a new residential and mixed-use zone within the city.

The development concept is centered on integration between built environment and natural surroundings. The project is embedded within a forest setting, which defines its spatial identity and differentiates it from typical urban developments in Riga. This positioning supports long-term residential demand driven by environmental quality, while maintaining accessibility to the city’s infrastructure and services.

The first phase of Nordale includes approximately 19,500 square meters of built area, comprising 159 residential units and around 10% commercial space. This commercial component is a critical element of the project’s structure, as it introduces services and daily-use functions directly within the development. The architectural concept for this phase has been developed by SIA “Zenico Projekts,” with future phases planned to involve different architectural teams. This approach creates variation across the district, avoiding uniformity and contributing to a more diverse urban environment.

Nordale is designed as a pedestrian-oriented district. The master plan includes designated no-car zones between buildings, prioritizing safety, reduced noise, and usability of outdoor space. This is reinforced by the inclusion of a central promenade, which will connect the development internally while also linking it to nearby infrastructure such as the Akropole Alfa shopping center. The promenade is planned to include cafés, shops, and service-oriented spaces, forming the functional core of the district.

Residential units within Nordale are designed with a focus on functionality and adaptability. The layouts emphasize efficient use of space and natural light, supported by large balconies and terraces that extend living areas outward. Green inner courtyards are integrated into the building structure, creating protected and usable outdoor environments for residents. These elements align with the project’s broader positioning as a long-term residential environment rather than a short-term or speculative development.

The surrounding infrastructure further strengthens the project’s positioning. Nordale benefits from proximity to Akropole Alfa, one of Riga’s major retail centers, as well as sports and wellness facilities including MyFitness, an ice arena, and tennis courts. The presence of Jugla Lake and Biķernieki Forest provides direct access to recreational and outdoor activities, while nearby schools and kindergartens support family-oriented demand. Connectivity to Riga city center remains functional, ensuring accessibility without sacrificing environmental quality.

From a pricing perspective, the project offers a structured range across unit types. Starting prices are positioned as follows: approximately €99,900 for 2-room apartments (typically 1-bedroom), €174,900 for 3-room units (2-bedroom), €289,900 for 4-room units (3-bedroom), and €389,900 for 5-room units (4-bedroom). This pricing structure places Nordale within the mid- to upper-mid segment of Riga’s residential market, with variation reflecting unit size, layout, and positioning within the development.

From an investment standpoint, Nordale should be understood as a long-term urban district development rather than a single asset. Its value is derived from scale, planning structure, and integration of residential and commercial functions. The presence of green surroundings, infrastructure, and phased architectural development supports long-term demand and gradual value formation rather than immediate short-term yield optimization.

Properties within Nordale may be relevant for Latvia’s real estate-based residence framework depending on unit value and cadastral alignment, particularly around the €250,000 threshold. However, eligibility depends on the specific unit and transaction structure and must be assessed individually.

Overall, Nordale represents a new generation of residential development in Riga, combining district-scale planning, environmental integration, and functional urban design. It is positioned for buyers seeking structured residential environments with long-term usability, rather than isolated apartment units or purely investment-driven products.

Map
  • Location
    Mežciems
  • City
    Latvia

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