Available soonStage 2Skrīnes street 61234

Features

What is included in the price?

Apartment with full interior finishing, including wall paint, flooring, and plumbing (bathroom and toilet facilities). Some apartments may already have a built-in kitchen unit (indicated in the information about the specific apartment); if so, it is also included in the price.

Fully finished apartments

All apartments are rendered to the purchaser with full interior finishing. For apartments under construction, you have the opportunity to choose from five modern finishing collections developed by our interior designers.

Smart apartment design

The project offers 2-4-room apartments with an area of 58-103 m2. Carefully considered apartment layouts, high ceilings (2.90 m), spacious windows, a balcony for each apartment or a private terrace for the 1st-floor apartments – it’s a great choice for a fresh start.

Closed and secure area

For residents’ convenience and safety, the project area will be closed and equipped with video surveillance systems. An attractive environment and the opportunity to spend time in the courtyard is an integral part of everyday life.

All amenities in one place

Nearby you’ll find everything you need for a modern lifestyle: educational institutions for different age groups, sports clubs and healthcare institutions, office complexes and shopping centres.

GET TO KNOW THE NEIGHBOURHOOD
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Apartment financing

If you need financing for the purchase of a new home, please find out about possibilities to receive a mortgage loan before signing the reservation agreement. The oral reservation period is intended for such purposes. We cooperate with AS "SEB banka", AS "Swedbank", and AS "Luminor Bank" and AS "Citadele bank", but you can also choose another bank to receive a loan.

Elegant interior

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
  • Classic
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  • Contemporary
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  • Vintage
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  • Nature
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  • Rustic
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Frequently asked questions

Can I choose my apartment’s finishing?

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.

When will the building be completed and when can I view the apartment?

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.

Can I regulate the heat in my apartment?

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.

How much sunlight does the apartment get?

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. But it’s also important to evaluate the layout of the apartment and its rooms; for instance, if the bedroom does not have a study, and you are not planning to spend all day in it, there is no need for concern if it faces east and the sun only shines in the morning.

At what point when purchasing an apartment do I need to contact a bank?

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.

When do I need to start paying my mortgage if the building is under construction?

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.

ALL QUESTIONS

8 steps to your new home

  1. Selection and application

    Take a look at apartments available in our projects, choose the one most suitable for you and make an online reservation request or an appointment with one of our sales consultants.

  2. Apartment reservation

    After choosing an apartment, you can make an oral reservation with one of our sales consultants, valid for 5 working days.

  3. Home financing

    If you need financing for the purchase of a new home, please find out about possibilities to receive a mortgage loan before signing the reservation agreement.

  4. Choice of finishing

    Free or paid finishing solutions are available for projects under construction. They may be selected up until a specific time in the construction process.

  5. Onsite apartment inspection

    When construction of the project is completed and it’s possible to see all the nuances of the new apartment, you will be able to evaluate it onsite together with our sales consultant and sign tranfer deed.

  6. Purchase agreement

    After the transfer deed is signed, we will start the procedure of concluding the purchase agreement, performing all the necessary documentation

  7. Receipt of keys

    After paying the full purchase price and completing all formalities, you will become a full-fledged owner of the apartment!

  8. Guarantee

    For interior finishing, we provide a 2-year guarantee from the moment the building is put into operation or from the moment of signing the purchase agreement.