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Found 41 object(s)

Monrepo
Monrepo
Riga, Latvia
From 2400$ / m2
ID: 18954 | 4 floors
Raunas residencies
Raunas residencies
Riga, Latvia
From 2000$ / m2
ID: 18952 | 5 floors
Harmony
Harmony
Riga, Latvia
From 1790$ / m2
ID: 18939 | 3 floors
Plavas
Plavas
Riga, Latvia
From 2600$ / m2
ID: 18619 | 3 floors
Alfresco rezideces
Alfresco rezideces
Riga, Latvia
From 2400$ / m2
ID: 18618 | 2 floors
Hoffmann Rezidence
Hoffmann Rezidence
Riga, Latvia
From 3400$ / m2
ID: 18490 | 4 floors
Dainas street
Dainas street
Riga, Latvia
From 3400$ / m2
ID: 18489 | 6 floors
Merks Mezpilseta
Merks Mezpilseta
Riga, Latvia
From 1670$ / m2
ID: 18432 | 5 floors
Lucavsala
Lucavsala
Riga, Latvia
From 3400$ / m2
ID: 18431 | 15 floors
Merks Viesturdarzs
Merks Viesturdarzs
Riga, Latvia
From 2900$ / m2
ID: 18430 | 7 floors
Merks Duntes Ziles
Merks Duntes Ziles
Riga, Latvia
From 2215$ / m2
ID: 18429 | 5 floors
Elijas Nami
Elijas Nami
Riga, Latvia
From 4325$ / m2
ID: 18428 | 5 floors
ZUND City Gardens
ZUND City Gardens
Riga, Latvia
From 3745$ / m2
ID: 18427 | 6 floors
Bitera 6
Bitera 6
Riga, Latvia
From 3400$ / m2
ID: 18424 | 3 floors
Anninmuizas blvd 11
Anninmuizas blvd 11
Riga, Latvia
From 2500$ / m2
ID: 18423 | 3 floors
Adazi
Adazi
Adazi, Latvia
From 2040$ / m2
ID: 18420 | 2 floors
KULDIGAS PARKS
KULDIGAS PARKS
Riga, Latvia
From 2470$ / m2
ID: 18376 | 7 floors
BALOZU 9
BALOZU 9
Riga, Latvia
From 4400$ / m2
ID: 18374 | 3 floors
Strelnieku
Strelnieku
Riga, Latvia
From 4410$ / m2
ID: 18372 | 5 floors
MARUPES DARZS
MARUPES DARZS
Marupe, Latvia
From 2380$ / m2
ID: 18371 | 4 floors
MOHO PARK
MOHO PARK
Riga, Latvia
From 2240$ / m2
ID: 18168 | 10 floors
Hagen Quarters
Hagen Quarters
Riga, Latvia
From 3400$ / m2
ID: 18167 | 4 floors
Divi Krasti
Divi Krasti
Riga, Latvia
From 2100$ / m2
ID: 18136 | 5 floors
BLAUMAŅA RESIDENCE
BLAUMAŅA RESIDENCE
Riga, Latvia
From 3410$ / m2
ID: 18132 | 5 floors

New builds in Latvia

Location and the state of the economy

Latvia (officially the Republic of Latvia) is a state in Northern Europe, a member of the EU, NATO, the Council of Europe, the UN, the Council of the Baltic Sea States, and is a part of the Eurozone. Climate: temperate continental (inland regions) and maritime (Baltic coast).

The basis of the economy is: agriculture (production of grain, dairy products, honey), chemical industry (pharmaceuticals, biocosmetics), logistics industry, woodworking (timber, furniture), IT technologies, high-tech electronics.

 New build market in Latvia

Many Lithuanian and Estonian developers are actively implementing construction projects in Latvia, which to a certain extent confirms the presence of unsatisfied demand in the country. Accordingly, there are all conditions for market growth in the short term. Following demand, prices for almost all types of primary real estate are also increasing. True, experts are already pointing to the prerequisites for a cooling of the market for new builds, which can form a stable trend, at least towards stagnation (mutually exclusive geopolitical factors influence: on the one hand, high migration and growing demand, on the other hand, inflationary processes, rising interest rates and the loss of former attractiveness of mortgage loans, some actions that can reduce the migration flow, for example, the discussion about visa restrictions).

So far, the conditions for investing in new builds for sale are close to optimal. Buying an apartment from a developer in Latvia is attractive for foreign investors, as the country as a whole is interesting for living and doing business. Experts record an increase in construction activity and high annual growth rates of foreign direct investment. It is also believed that the market for new builds for sale in Jurmala will always stand apart, since general economic, geopolitical vicissitudes have less influence on it than in other regions (natural attractiveness and the tradition of relaxing here). To what extent such confidence is justified remains to be seen in the near future.

 Prices for new builds for sale in Latvia

According to the GEOLN.COM website, the minimum price for 1 sq.m of an apartment in a new build for sale in Latvia, handed over in a turnkey condition, in the cities of the country is as follows:

  •  Adazi — from 1560 USD,
  •  Marupe - from 2380 USD,
  •  Riga - from 1670 USD,
  •  Jurmala - from 3400 USD.

The high dynamics of price changes implies the need to obtain only reliable information at the time of the request.

Latvian real estate in the new homes(types)

  • residential (apartments, houses, cottages, villas, etc.),
  • commercial (shopping space, office, warehouse and industrial premises, etc.).

Real estate from the developers in Latvia (purchase details)

The intentions of investors to purchase real estate here in a new homes are associated with the following factors:

  • successful economic indicators,
  • location (many European countries are within driving distance),
  • developed infrastructure,
  • attractive tourist destination
  • comfortable natural and climatic conditions.

According to Latvian legislation, real estate without land plots is available for purchase and the number of purchased objects, both residential and commercial, is not limited. The GEOLN.COM website (the search interface is very convenient) is a big help to the investors, since it contains objects in new homes for sale. Residential complexes in Latvia, put into operation, comply with European building quality standards, as evidenced by customer reviews.

Before buying an object in a new homes for sale, it is useful to check the information:

developer's documents (valid building permit, expert opinion, project declaration with detailed information);

contract (required to be indicated - the completion date of construction, a detailed description, including the exact address, indication of the floor and area, the full price of the apartment and the payment procedure).

When deciding to buy an apartment in Latvia in a new development, a villa or commercial space, it is still advisable to use the advice of GEOLN.COM specialists.

Apartments from a developer in Latvia are a promising investment that allows you to receive income from the provision of housing for rent, live in a European country that is attractive for business and tourism.

Off-plan property and other buildings in cities in Latvia

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Average rating: 4.08. Votes: 353

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