After the successful completion of our project at Silāju iela 3 in Baloži, Norge House and its financing arm, Norge House Capital, are now fully focused on the next development: Vecāķu Priedes, a project of 13 townhouses.

What makes our pace possible is the way Norge House Group works. We operate without intermediaries or other companies involved. We are the developer, we manufacture and install the buildings ourselves, and the sales process is handled in-house. This gives us 100% control over every stage of the process, which is what allows us to work so efficiently.

Thanks to very favourable conditions, production and assembly have moved well ahead of the planned schedule. We haven't been intimidated by this. We have been able to double our production pace, and our assembly team is keeping up.

At a recent management meeting we discussed the situation and decided to keep the speed we have gained and continue building at this tempo. The interest in the new project also gives us confidence that sales will go well and move quickly.

The Norge House team has therefore decided to shift into the next gear. We are calling this stage the Power Round: we are ahead of schedule, and to complete Vecāķu Priedes even faster, we have prepared a new offer on the Norge House Capital platform with a high interest rate of 18%, and we will keep adding to it with regular campaigns.

Looking ahead

In the coming weeks we will announce another very exciting project. We are currently finalising the process of securing the land and the building permit, so for now we can only reveal that this project will not be in Latvia, but in a sunnier place close to the sea.

¡Síguenos y no te pierdas las novedades!

What's next

We will keep sharing updates as Vecāķu Priedes moves forward, from production milestones to assembly progress on site. If you would like to follow the project or take a closer look at the current offer, visit the Norge House Capital platform.

Thank you for being part of our journey. We are only getting started.