Comparing the number of transactions in the
center of Riga
in April this year with the previous year, it has has grown by 100%. Such
tendencies shows a clear improvement in the market. .
the last months tendencies, as well as the Land Registry data, theres expected
a further increase in number of transactions. In February 2011 the number of
transactions was 36% higher than in January 2011,and relevant - March 2011 it
was 24% higher than in February 2011.
the summer, Russia's
citizens has a increased interest in the Latvian real estate. More and more
foreigners are interested in presentation of a residence permit.
the segment of apartments, average prices have not changed. They are 645 / m2
for apartments in housing estates and1100 / m2 for apartment in the center of Riga.
In the segment of rentals,shows a slight
increase in prices by 5-10%, associated with the expiry of the heating season
and the potential increase of tenant activity. Already, for the summer season
are reserved all of the best deals in Jurmala. For this reason, there is a
possibility that the remaining offers for rental prices will rise
significantly, because many will be willing to pay more for the allow to settle
down near the sea in summer months.
information you will get:
Mob.: + 371 67076191
Fax: + 371 67076199