Riga is the cultural, political and economic centre of Latvia. Foreign investors buy apartments in Riga in the rapidly developing upmarket districts around the city centre.
The average buying prices of flats in Riga are
People buy flats in Riga for residential or investment purposes as real estate prices have been growing by
Foreign citizens can qualify for permanent residence in Latvia by buying property worth at least €250,000 since 1 September 2014.