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Property for sale in Latvia

128,000 €
Total area: 64 m²
329,000 €
Total area: 125 m²
Apartment in Koukaki with a yield of 6.5%, Athens, Greece

Golden Visa

250,000 €
Total area: 75 m² 2 bedrooms 1 bathroom
159,000 €
Total area: 211 m²Land area: 1,054 m²
160,000 €
Total area: 164 m²3 bedrooms2 bathrooms
235,000 €
Total area: 102 m²
148,000 €
Total area: 121 m²
260,000 €
Total area: 255 m²Land area: 1,419 m²
183,000 €
Total area: 118 m²
295,000 €
Total area: 82 m²
156,000 €
Total area: 100 m²
270,000 €
Total area: 82 m²
152,000 €
Total area: 75 m²
190,000 €
Total area: 107 m²
1,300,000 €
Total area: 174 m²3 bathrooms
148,000 €
Total area: 65 m²
450,000 €
Total area: 256 m²
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Real estate in Latvia. Latvian property prices

Latvia is one of the most picturesque European countries. There are forests occupying over 50% of the land, the widest waterfall in Europe (Ventas Rumba) and about 2,000 lakes, which are mostly located in the south east of the country. Latvians speak foreign languages and the country has great air connections with many destinations. Riga, Jūrmala, Liepāja and Ventspils are the most sought-after real estate locations for foreign buyers. Many foreign investors buy property for sale in Latvia to lease it further. The average return on a flat in Latvia is about 2-3% per annum.

If you are buying real estate in Latvia for investment purposes, it is better to look for an apartment in Riga, especially in the Old Town favoured by tourists, students and business people. The buying prices of new Latvian real estate here is about €2,000–3,500 per square metre. Families with children generally choose apartments in the quiet green neighbourhoods of Kipsala, Zolitūde and Purvciems. €700–1,500 on average can buy a square meter here. Houses in the forested lake districts like Mezapark and Mārupe sell for at least €500,000–800,000.

The resort Jūrmala, some 25km away from Riga, is famous for its cultural life, broad sandy beaches and pristine pine thickets. Coastal properties sell for €500,000–1,500,000 here and prices for affordable housing start from €20,000 for one-bedroom apartments.

Foreign citizens buying properties in Latvia for over €250,000 are eligible for a five-year residence permit. The respective programme has been in place for five years and over 13,500 investors have already enjoyed its benefits.

Tranio's managers are here to help you select a property
Darya Stakanova
Darya Stakanova
Real Estate Expert Tranio in Latvia
+44 17 4822 0039
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