Thinking about sustainability, Merks Magnolijas will be one of the first residential house projects in Latvia, which will have solar panels and collectors installed on the roof. This will result in lower monthly utility bills for residents. This is the first residential project of the construction company Merks in Pārdaugava – in the Šampēteris neighbourhood!
Merks Magnolijas has a great location in Šampēteris Forest, which is part of the historic Šampēteris Manor. This residential area stands out with its harmonious low-rise structures, attractive private houses with manicured gardens, and green surroundings, creating the feeling of a quiet and cosy small town just a stone’s throw from the city centre.GET TO KNOW THE NEIGHBOURHOOD
The project offers modern 2-4-room apartments with full high-quality interior finishing. A feeling of spaciousness will be created by the 2.90 m ceiling height and balconies or terraces in each apartment of up to 11.8 m2. Currently, apartments in the 1st building of the 1st stage of Merks Magnolijas are available for reservation.VIEW APARTMENTS
Each Merks Magnolijas apartment will be rendered to the purchaser with full interior finishing. Our team of interior designers has developed five modern collections of interior finishing materials in line with the latest global design trends.VIEW THE COLLECTIONS
It’s possible to choose the apartment finishing in the initial stage of project construction. We offer five different finishing collections, so that every potential apartment owner can find something suitable, as well as a selection of plumbing. Our sales consultants will inform you about the deadline for choosing the finishing; it will also be indicated in the apartment reservation agreement.
Merks Magnolijas is expected to be completed in the first half of 2023; the apartment can be viewed after the building is put into operation. You can follow the building’s progress in the section “About the project” on the project website.
Yes, it’s possible to regulate the heat in each apartment. Radiators with thermostats will be available in every apartment of Merks Magnolijas. This will enable you to maintain the desired temperature in each room. Expenditure on heat will be calculated according to the amount consumed, as each apartment will have its own individual heat meter.
The amount of sunlight depends on where the apartment is located in the building and on which floor. If the apartment windows face east, the sun will shine in the morning; if the windows face west, you can enjoy the evening sun. Windows on the south side ensure the longest sunlight.
Our sales consultants recommend that you contact a bank as soon as you have decided to look for an apartment to find out what precisely your loan options are and how much money you can count on for the purchase. Merks cooperates with the leading Latvian banks, and possibilities of granting a loan are also evaluated during the project’s construction phase.
Mortgage payments are necessary only after the property is re-registered in your name in the land register. First the building is completed and put into operation, then the apartments are registered in the land register and a cadastral number is assigned to each. Next, the client enters into a loan agreement with the bank and a purchase agreement with us, and after both agreements are signed, the property is re-registered in your name, and it becomes necessary to start paying the mortgage.
Merks is a leader in the development of residential housing in Latvia. In our more than 24 years of operation, we’ve proven our competence in the construction of high-quality public and residential buildings. We’ve demonstrated our expertise by building more than 1,500 homes for families throughout Latvia. The projects implemented are our guarantee of quality in words and deeds, and this is also confirmed by local and international industry awards. In residential housing projects, we are both a developer and a builder and both a vendor and a guarantor. This means that you will have one reliable partner in the process of purchasing an apartment.ABOUT MERKS MĀJAS