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Latvian real estate market continues to grow

15.02.2013
Homesoverseas.ru editorial office
31
In January 2013, 16.1% more real estate purchase and sale transactions were concluded in Latvia than in the same month of 2012, while the volume of residential real estate transactions increased by 29.2% during this period, the online publication The Baltic Course with reference to Latio company data.

According to the source, during this period, 35.3% more apartments were sold in the country compared to 2012, and the volume of transactions for the purchase and sale of private houses increased by 6.3%.

In the capital of Latvia, the number of apartment purchases increased by 45.5% over the year, and private houses – by 41.7%. Compared to the previous month, in January 2013, the number of transactions with apartments and private houses increased by 14% and 37%, respectively. Almost 90% of the total volume of transactions with real estate in Riga consists of apartment transactions.

The real estate market in the Riga region remained unchanged during this period, and compared to December 2012, the number of transactions in January 2013 decreased by 2%.

HomesOverseas.ru

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650 000 €
build area 305 sq. m
plot area 1292 sq. m
seller: Mercury Group
from 1 100 000 €
build area 670 sq. m
plot area 2000 sq. m
mortgages available
seller: Mercury Group
price by request
build area 149 sq. m
seller: Mercury Group