We offer a cozy apartment in a modern project in Kipsala.

About object

Description of terrain

Kipsala is an island on the left bank of the Daugava River. It is part of the protected buffer zone of Riga’s historic center, which is a member of the UNESCO World Heritage List. Kipsala’s key attraction is its location—only half a kilometer from Riga’s Old Town and within easy access of the city center. It also has the unique advantage of being a quiet island floating in the middle of a booming metropolis. Those seeking this serenity can reach the Gypsum Factory by bicycle, car or foot along Balasta Dam (Balasta dambis), after crossing the Cable Bridge (Vansu tilts). Balasta Dam is also a splendid promenade for walks along the Daugava riverside. Its cobblestone surface restricts car traffic—which is exactly the intention—preventing it from becoming a busy thoroughfare.

The location of Gypsum Factory may be its greatest amenity. The ever-changing, spectacular view of the Daugava River, the Harbor, and the church towers of Old Riga are right out your window and at your doorstep! Strategically placed on the bank of the river and simultaneously at the very center of the city of Riga, Gypsum Factory gives access to a wide range of amenities on both land and water. Kipsala is an island on the left bank of the Daugava River. It is part of the protected buffer zone of Riga’s historic center, which is a member of the UNESCO World Heritage List. The United Nations has deemed these sites “of outstanding universal value,” deserving of special preservation/conservation care. Kipsala’s key attraction is its location—only half a kilometer from Riga’s Old Town and within easy access of the city center. It also has the unique advantage of being a quiet island floating in the middle of a booming metropolis. Those seeking this serenity can reach the Gypsum Factory by bicycle, car or foot along Balasta Dam (Balasta dambis), after crossing the Cable Bridge (Vansu tilts). Balasta Dam is also a splendid promenade for walks along the Daugava riverside. Its cobblestone surface restricts car traffic—which is exactly the intention—preventing it from becoming a busy thoroughfare. Kipsala Island has in recent years become a prestigious residential address, and numerous foreign ambassadors live here. Kipsala’s International School of Riga (ISR), whose students include the children of ambassadors and foreign professionals, is an educational/cultural asset for residents. The school enrolls children aged 2–14, with plans to expand to grade 8 in 2012.

The project complex, with an inner garden courtyard, includes 58 upscale apartments and 4 riverside villas. Directly beneath the apartment windows, there is a private marina for your motorboats and yachts. The Gypsum Factory complex comprises several buildings, including Riverside Villas, the Old Production House, the Red Ship Building, and the Black Coal House.

An apartment is offered for sale in the new project „Gypsum Factory”. The building complex is located in an intimate green part of Kipsala Island, in the Riga centre, on the bank of the Daugava River. 

The finishing of the apartment made of high-class quality lining materials and equipment: top-class wooden parquet Iroko, wooden windows with aluminum lining and double-glass pack windows, air conditioning and alarm systems. 

The building has gas heating, while the apartment has the individual heat, power and water meter with remote reading facility. 

The residential project „Gypsum Factory” with an inner garden courtyard includes 58 upscale apartments and 4 exclusive villas, closed underground parking for 80 cars and storage premises. The safety and peace of the people living in the “Gypsum Factory” with closed territory is guaranteed 24/7 by security people, video surveillance cameras are installed as well. 

There is an elitist international school in a close vicinity to the „Gypsum Factory”, a cozy swimming-pool, SPA centre and fitness club. One of the fanciest restaurants „Fabrika” is located in the “Gypsum Factory” complex. A private marina for yachts and motorboats is in a distance of one minute`s walk. 

The project „Gypsum Factory” was completed in May, 2013.

We will help to get Residence permit in Latvia.

Other real estate offers. Residential complex: GYPSUM FACTORY.

• An apartment is offered for rent in the new project „Gypsum Factory” in Kipsala. ( Apartments in the residential complex GYPSUM FACTORY)


• We offer for a long-term renting an elegant, comfortable, spacious apartment in the new project ( Apartments in the residential complex GYPSUM FACTORY)

Other real estate offers. Kipsala.

• The two-storey private house on the river shore Daugava . (Kipsala , Balasta dambis )


• For sale or rent modern and fully furnished three room apartment with terrace. (Kipsala , Oglu)


• Very beautiful house in the best location for rent. (Kipsala , Kipsalas)


• An apartment is offered for rent in the new project „Gypsum Factory” in Kipsala. (Kipsala , Balasta dambis )


• Three rooms, bedroom with private bedroom and dressing-room, separate room, bathroom with shower, maintenance room, big living room combined with the kitchen. (Kipsala , Oglu)