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Most sought-after real estate in Latvia

Apartments in new projects


Apartments in new projects have always been sought after by locals, non-residents and among investors.


Since year 2000 the center of Riga and the most popular suburbs with good traffic and infrastructure have seen the rise of many new, high quality apartment buildings with modern apartments. Apartments are available with interior finishing or without, or with exclusive designer interiors – fully furnished.


 


Advantages of buying an apartment in a new project


Modern apartment layout, for example, with a wardrobe and bathroom for every bedroom, large living room and kitchen, high quality interior furnishing. It possible to purchase apartments with underground parking lot, spacious terrace and a beautiful view of the city.


The average apartment price from 2500 to 3500 €/m2


 


Historic apartment buildings– apartments in pre-war buildings


These buildings are usually found in the most exclusive suburbs of Riga – quiet center or embassy district, the Old Town or on some of the most popular and most gorgeous streets of Riga center.


These buildings stand out with their architectural value, for example, Art Nouveau buildings, admired by visitors from all over the world, or other exclusive buildings with spacious apartments, once owned by wealthy burghers.



Advantages of buying an apartment in a pre-war building



The main advantages are their historical importance, status and excellent location. Besides, these apartments usually are very large, with high ceilings. There are not many buildings like that in Riga, but the demand is very high, thus the value of these apartments will only grow.


The average apartment price from 2500 to 3500 €/m2


 


Apartments in renovated buildings


Apartments in renovated apartment buildings of historical importance are the most exclusive properties in the center of Riga. This is determined by the location of the buildings, and the combination of their historical value and modern requirements. Most of these apartments are exclusive.


Advantages of buying an apartment in a renovated building


Completely new heating system – usually gas, as well as all other communications, parking lot, elevator, modern apartment layout, high ceilings, large windows, good insulation, spacious rooms. Very good location.


The average apartment price from 2500 to 3500 €/m2


 


Residence permit in Latvia


By purchasing an apartment in a new project, pre-war or renovated apartment building, you may obtain a residence permit in Latvia, if the purchase price of the apartment exceeds 250 000 euro.


Learn more about residence permits in Latvia.


During the time you are not in Latvia, we can ensure apartment management: cleaning, settlement of bills, renting the apartment etc.


Learn more about apartment management.