The ‘Riga Waterfront’ project, led by UAE real estate developer Eagle Hills and Mohamed Alabbar, aims to revitalize Riga’s waterfront along the Daugava River. This ambitious project seeks to transform the city’s skyline by offering luxury residential buildings, green spaces, and vibrant community life with direct views of the waterfront. With a €3 billion investment, Alabbar’s vision goes beyond financial gains to establish a lasting legacy of social and cultural enrichment.
Alabbar’s strategic vision for ‘Riga Waterfront’ focuses on positioning Riga as a new center of Europe through sustainable economic growth and community engagement. The project will feature over 8,000 thoughtfully designed residential units accommodating over 30,000 residents, offering stunning panoramic views of the river and the city. Additionally, prospective buyers have the opportunity to obtain EU residency through a €250,000 investment, making Riga Waterfront a competitive opportunity for investors.
The project includes a diverse range of luxury amenities such as hotels, ice-skating rinks, a marina, a shopping center, and public green spaces, setting new standards for upscale living and leisure in Riga. Education and community are also emphasized, with advanced schools and community centers integrated into the development to foster innovation and well-being. By leveraging technology and luxury, Riga Waterfront aims to create a harmonious blend of living experiences for residents and visitors.
‘Riga Waterfront’ represents a new era for the city, combining its historical heritage with modern lifestyle amenities to create a vibrant hub of luxury, innovation, and community. As the development progresses, Riga is poised to become a desirable destination for those seeking unmatched living experiences and competitive opportunities for EU residency. To learn more about the project, interested parties can visit https://rigawaterfront.com for additional information.
