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Foreign investors prefer to buy a house in the center of Riga

22.05.2013
Homesoverseas.ru editorial office
34
The most popular area in Riga for buying real estate among foreign investors is the Embassy district, which includes the following boulevards and streets: Elizabetes, Antonias, Alberta, Kalpaka, Rupniecibas, Auseklya, etc., according to an online source Newsec Latvia with reference to the data of the Land Register.

Investors are ready to invest in real estate in the central part of Riga for future reconstruction in order to transfer them to apartment buildings or apartment sales.

Buyers, as a rule, conclude real estate purchase and sale transactions in Riga in the amount of 140,000 to 250,000 euros, and apartments with two and three rooms are most in demand.

The lowest demand among foreign investors is for real estate on the streets of the Latvian capital, which are located at a significantly remote distance from the central squares, especially on Avotu, Pernavas, Chaka, Baron, Stabu and others located nearby, where typical Soviet buildings prevail.

The company's experts "EuroLandRielty" note that the decentralization of customer demand has recently occurred. Investors began to actively purchase housing in new residential districts under construction, which are located far from the center of Riga, one of which is the Marupa district. In general, the Riga real estate market is expected to see an increase in demand in 2013, mainly from foreign investors.

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Bibikova Aliya Harisovna
Good afternoon! I want to buy an apartment in Riga or Jurmala to obtain a residence permit.What could you suggest to me for today. Sincerely, Aliya
23 of May 2013, 13:24:44
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505 000 €
build area 139 sq. m
seller: Mercury Group
from 1 500 000 €
2 bedrooms
build area 473 sq. m
plot area 2019 sq. m
negotiable price
garage
air conditioning
selling by owner
520 000 €
build area 238 sq. m
seller: Mercury Group
21 of Mar, Friday 11:00
Foreign real estate Salon: March 21-23 in St. Petersburg! The Great St. Petersburg Real Estate Fair invites buyers and private investors interested in buying properties abroad to a foreign Real Estate Salon. The event will take place on March 21st and 23rd, 2025 at the Expoforum.