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An extraordinary residential project, the Gypsum Factory is located in an intimate green part of Kipsala Island, on the bank of the Daugava River. The project complex, with an inner garden courtyard, includes 58 upscale apartments and 4 riverside villas. There is a spectacular view from your windows of the Old Town, the Harbor and Riga Castle (the President’s Palace). In immediate vicinity, there is a private marina for your motorboats and yachts. The value of this project lies in its location—a quiet inshore center of Riga—and the distinctive, top-tier architecture that combines the comfort and style of the twenty-first century.

The Gypsum Factory complex comprises several buildings, including Riverside Villas, the Old Production House, the Red Ship Building, and the Black Coal House.

  • Private marina for yachts, motorboats, sailboats, and other marine craft
  • One of the Riga’s finest restaurants, located on the ground floor of the complex
  • Private underground garage, with convenient elevator access
  • Private storage space for apartments
  • Indoor bicycle storage facility
  • Green, intimate courtyards for relaxing and entertaining guests
  • Outside space—deck, terrace, or balcony—for all apartments
  • Comprehensive building security, including underground garage access and security cameras
  • Closed circuit TV (CCTV) with intercom at all entrance doors of the building
  • Floor-plans maximized for natural light
  • Exotic hardwood flooring—African Iroko, Brazilian Jatobá
  • Elegant fireplaces in apartment hallways
  • Top-quality built-in kitchens, with interiors by leading manufacturers, including Boffi, Bulthaup, and Poggenpohl
  • Kitchen appliances by Gaggenau and Kuppersbusch, refrigerator, electric stove, hood, oven, microwave, dishwasher, wine cabinet, coffee machine, warming drawer, and built-in TV
  • Bathroom appliances by Keramag, Duravit, and Dornbracht
  • Electric or hydronic under-floor heating, as well as bathroom mirror defoggers
  • Central air-conditioning, with independent control panels in each room
  • Built-in heating registers in front of windows, concealed behind decorative wooden grilles
  • Built-in sun blinds, operable by a remote control, installed on south-facing windows, as well as the glass penthouses
  • Heat, electricity, and hot/cold water meters

The project is an interior garden includes 58 apartments and 4 extra class exclusive villa on the shore of Daugavay, and heated underground parking for 80 cars.

 Just outside the apartments built pier for boats and yachts residents.

 Ranging in size from 46 to 247 square meters. meters, an area of villas - 280 m2 (not including balconies and terraces). Here are a compact apartments with one or two bedrooms, and spacious studio apartments, functional family housing, and exclusive duplex apartments and terraced penthouses with stunning views of the river Daugava and the panorama of the Old Town, the green Kipsala.

 All apartments come with full high-quality interior trim, including a built-in kitchens and appliances, built-in wardrobes and cupboards, lamps and equipped bathrooms, cozy fireplaces.

 For convenience and safety of the residents - closed area, round the clock security guards and video surveillance, concierge service, and a wide range of other services.

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.

Should you feel like enjoying a bit of a vibrant Riga night, do end your day about the city with a supper at the Fabrika Restaurant, complete with a fabulous panoramic view of the city as a backdrop. The restaurant being quite popular among the locals and visitors alike, you would be well advised to book a table with the best view of the River Daugava and Riga church spires in advance. This is a vantage point from which Riga is reminiscent of a lovely postcard—one that is constantly changing depending on the play of light and shade … Do spare a moment to go for a little walk in Kipsala; the island boasts some well-preserved examples of the unique Riga wood architecture, painstakingly renovated by Zaiga Gaile's studio. Besides, unlike the center of the city, it is incredibly peaceful and quiet in Kipsala. The best way to get back to the city center is definitely walking.

Contact person

Ilona Gorenko

Ilona Gorenko

Head of Real Estate Department Ideal Property +37126176578 Viber

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