Riga Waterfront by Eagle Hills is opening a new residential phase for sale in June 2026 — 70 apartments in a building where one entire side faces the water. For investors and future residents who have been waiting for a 1-bedroom entry point, this is the moment.
What Makes This Phase Different
Unlike the previously released buildings — Club, Courtyard, Park and Plaza — this new residence has a distinct advantage: a full waterfront-facing side. Apartments on this elevation will have unobstructed views of the Daugava River from the moment the building opens.
The phase includes 1-bedroom apartments — a type that has not been available in earlier phases. For investors looking for a lower entry price point with strong rental appeal, 1-bedroom waterfront units in this location represent exactly that opportunity.
This is the first time 1-bedroom apartments with direct water views are available at Riga Waterfront. The phase opens for reservations in June 2026.
Why Timing Matters More Than You Think
At Riga Waterfront — as with all Eagle Hills developments — prices are tied to construction milestones. Each phase that completes, each new building that opens, moves the price index up. Buyers who enter in June 2026, at the opening of sales, are buying at the bottom of this building's price curve.
The Riga real estate market has been appreciating at 5–6% per year. Combined with the leverage effect of a 25% down payment — where the full asset value grows while you've committed only a quarter of it — the potential return on initial investment can reach 80% before handover.
The 1-Bedroom Opportunity
In markets like Riga, 1-bedroom waterfront apartments are in particularly high demand from two groups: young professionals relocating to the city, and short-term rental investors. Both segments consistently pay a premium for water views and a prime central location.
With Andrejsala developing into Riga's most talked-about urban district — restaurants, promenades, a private marina, and direct city access — demand for quality 1-bedroom units here is only going to grow as the development matures.
How to Secure a Unit Before the General Release
Reservations for the new phase will open in June 2026. Units are reserved on a first-come basis with a 25% down payment in euros. Given the limited supply — 70 apartments — and the specific advantage of waterfront views, early interest is expected to be high.
Our team is already preparing the priority list. If you want to be contacted before the general release with available units and pricing, reach out now.