A mansion in Riga or its region or a plot of land for construction of a private house in a picturesque place in Latvia – that is what the absolute majority or 81% of our population wants. Men would prefer building a house of their dreams in the countryside, while women would gladly buy a villa […]
Baltic Sotheby’s International Realty specializing in premium real estate marks the first anniversary of its presence in Tallinn. The impressive portfolio of objects worth 110,000 to 6,900,000 euro and the steady demand for real estate in Estonia by foreign buyers matches the chosen strategy, which is to give clients the access to services of the international premium […]
In the first five months of 2012 the number of premium-class real estate offers in Riga worth up to 250,000 euros fell considerably, only one new project was put into service. Deficiency was caused by the high level of activity of foreign buyers, thus by the end of the year a price increase by 10% […]
The possibility of receiving a temporary residence permit (TRP) in exchange for buying real estate in Latvia has aroused the interest for premium-class objects among third country residents. However, the criteria prioritised by foreign buyers are highly selective and very dissimilar. For some this is a recreational option, for others a source of potential profit. […]
To foreign companies, Latvia’s real estate market represents a slew increasingly unprofessional and chaotic offers from some local realtors. These are relatively new enterprises that want to earn quick money on the wave of foreign demand. To break the “better steer clear of Latvian companies” stereotype that has started to form with foreign players, on […]
In May and June each year, premium real estate along the coastline of the Gulf of Riga traditionally enjoys great demand from potential buyers. This spring has seen demand increase 15% year-on-year. And, in the opinion of experts from Baltic Sotheby’s International Realty (a company operating with high-quality residential real property), foreign customers have started […]