Geographic Information

Description of Latvia
The property market in Latvia is ticking over quite nicely with no evidence that any kind of boom or bust is on the imminent horizon. Property values once again began rising in 2011 after three years of painful declines, with 2013 having brought along further gains in the region of 3 per cent. Rental yields in Riga are impressively high and tend to vary between 5.5 per cent and 8 per cent, while the call for short-term rents by vacationers is high for most of the year. Seasonal rent yields in the summer resort of Jurmala and the winter hotspot of Sigulda are also extremely promising, but in both cases offer little for the rest of the year during their respective off-seasons.

Current Property Prices in Latvia

3 properties listed for sale in Latvia

1 bed apartments:

18 listed for sale
£45,422 to £275,153
Average: £97,088

2 bed apartments:

94 listed for sale
£55,729 to £393,075
Average: £249,831

3 bed apartments:

44 listed for sale
£86,477 to £454,220
Average: £277,943

2 bed houses:

14 listed for sale
£130,938 to £1,747,000
Average: £491,130

3 bed houses:

104 listed for sale
£122,290 to £2,183,750
Average: £463,052

4 bed houses:

106 listed for sale
£148,495 to £3,057,250
Average: £649,528

5 bed houses:

31 listed for sale
£235,845 to £2,445,800
Average: £782,289

Studios:

1 listed for sale
£45,422 to £45,422
Average: £45,422

How to Buy Overseas Property Safely

Italy's Flag

Key Facts:

Currency: EURO
Time Zone: Eastern European Time Zone
DialCode: 371
Languages: Latvian
Capital: Riga
Population: 2,070,371
GDP: $34.118 billion

Popular Destinations in Latvia

Top Regions in Latvia

Welcome! Register or Login for the best international property experience.
Welcome Back ! Access your profile, saved searches, property shortlist, and more! Logout