Oferta FinanceOferta Finance
    Piekrasta Rezidence, Riga: aerial view

    Real estate development

    Financing for real estate development in Latvia

    From €100,000 to €30 million, 12–36 month terms, up to 85% LTV. We structure the deal and raise funding from several Latvian lenders in parallel.

    Request a financing consultationSee completed projects

    Financing terms

    €10.76M
    Raised for real estate development
    €100K–€30M
    Financing range
    12–36 months
    Term
    up to 85%
    Security / LTV

    Financing types: development loans, bridge financing, refinancing of development projects.

    Who it's for and what we finance

    Who it's for

    • Real estate developers
    • Real estate investors
    • Construction companies
    • Project development companies

    What we can finance

    • Residential and apartment projects
    • Office buildings and commercial space
    • Warehouse projects
    • Mixed-use development projects

    How the financing process works

    1. 01

      Project assessment

      We analyse the project, the budget and the security package.

    2. 02

      Financial structuring

      We prepare the deal structure and documentation.

    3. 03

      Talking to lenders

      We take the project to several lenders at the same time.

    4. 04

      Negotiating terms

      We push for the best rate, term and LTV.

    5. 05

      Closing

      We see it through to drawdown and later refinancing.

    Completed development projects

    €10.76 million raised across four real estate development projects in Riga and the surrounding area.

    Piekrasta Rezidence: Kojusalas iela 15, Riga · Krasts district

    Piekrasta Rezidence

    Kojusalas iela 15, Riga · Krasts district

    A modern riverside residential quarter near the Daugava, made up of three buildings: Paula, Elīza and Barbara. The project combines well-planned apartment layouts, generous parking and a landscaped courtyard with a fast connection to the city centre. Oferta Finance assessed the project, prepared the financial structure and raised €5,000,000 in development financing for construction.

    Location
    Kojusalas iela 15, Riga · Krasts district
    Property type
    Residential
    Development type
    New build: a quarter of three residential buildings
    Scope
    Apartments 31–85 m² (1–4 rooms); 119 parking spaces
    Financing raised
    5 000 000 EUR
    Status
    Under construction
    piekrastarezidence.lv(opens in a new window)
    Island Park: Zaķusalas krastmala 27, Riga · Zaķusala

    Island Park

    Zaķusalas krastmala 27, Riga · Zaķusala

    The first residential development on Zaķusala, with direct access to the Daugava embankment and a view of the Old Riga skyline. The complex consists of two apartment buildings with underground parking and large terraces; apartments in the second building meet energy class A. Oferta Finance secured €1,960,000 in development financing, released in tranches against construction progress and sales.

    Location
    Zaķusalas krastmala 27, Riga · Zaķusala
    Property type
    Residential
    Development type
    New build: two apartment buildings (No. 27 and No. 29)
    Scope
    Building No. 27: 24 apartments (28–70 m²); building No. 29: 21 apartments (energy class A); underground parking, terraces
    Financing raised
    1 960 000 EUR
    Status
    Under construction, building No. 27 in handover phase
    islandpark.lv(opens in a new window)
    Pipariņi: Jaunolaine · Olaine municipality

    Pipariņi

    Jaunolaine · Olaine municipality

    An energy-efficient townhouse village in Jaunolaine, built for family living: modern architecture, practical layouts, private outdoor space and low running costs. Oferta Finance structured €2,500,000 in development financing, released in tranches by construction stage, which let the developer keep cash flow stable throughout the project.

    Location
    Jaunolaine · Olaine municipality
    Property type
    Residential
    Development type
    New build: townhouse village
    Scope
    Energy-efficient family homes with private outdoor space; total area over 1,000 m²
    Financing raised
    2 500 000 EUR
    Status
    Construction started in 2025; reservations open
    piparini.lv(opens in a new window)
    Renovation Real Estate: Etnas iela 5, Riga · Teika

    Renovation Real Estate

    Etnas iela 5, Riga · Teika

    A 1960s building in Teika that once served as the technical base of Riga's district heating network, bought at auction and fully converted into a modern, energy-efficient property with eight apartments and commercial space. Underfloor heating with individual meters was installed, cutting running costs significantly. Oferta Finance raised €1,300,000 for the conversion and later refinanced the deal on better terms.

    Location
    Etnas iela 5, Riga · Teika
    Property type
    Mixed use: residential and commercial
    Development type
    Conversion and renovation (former district heating technical base, 1960s)
    Scope
    Eight apartments (47–103 m²) and commercial space; total area ~1,000 m²
    Financing raised
    1 300 000 EUR
    Status
    Completed, units being leased and sold
    View the project(opens in a new window)
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    Planning a real estate development project?

    We assess the project, prepare the financial structure and raise funding from several lenders at once.

    Request a financing consultation+371 22088827