Latvia’s real estate market of the premium segment in 2019 has demonstrated growth in terms of the number of transactions, as well as the total value, reaching the highest point of growth since 2014. The premium segment market last year was characterised by a total of 671 transactions to the total value of EUR 180.6 million, […]
Yesterday, Sotheby’s, the auction house, announced a definitive agreement to be acquired by Patrick Drahi, the French entrepreneur and art collector. In a transaction valued at $3.7 billion, the acquisition would result in Sotheby’s returning to private ownership after 31 years as a public company traded on the New York Stock Exchange. This is very […]
Renovation works are coming to an end in the historical building at 13 Street Lacplesa, Riga, which is one of four objects of the new Baznicas Street block, Club Central Residence, where Rigans will be able to buy already furnished apartments for attractive prices — starting from 1,900 euro per square meter. The six-storey building, […]
Blaumaņa residence fulfils your dream about living space in the centre of Riga – in a beautiful, renovated building created in an eclectic style, from which you can quickly and conveniently reach any destination by foot. It is a dream not only of many Riga inhabitants, but also of guests of Riga to live in […]
TOP5 recommendations you need to know about the status of your ownership rights To optimally maintain your property value and to successfully sell the property on the real estate market, you need to arrange all property related documentation. Whereas those who have found their new property, and to protect themselves from possible complications in the […]
Completion of the installation of the rafters for seven row houses and two twin villas at Mežaparka Rezidences has been celebrated. The event was attended by the designers of the buildings – American architect Vladimir Arsene (Westfourth Architecture) and Gatis Didrihsons (Didrihsons Arhitekti). Construction was completed by SIA PLASTIK. The buildings are scheduled to be […]
Beginning from May of this year real estate company Baltic Sotheby’s International Realty operating in the highest level of comfort or premium real estate segment offers a new service in the real estate market – management of premium real estate. The new service offered by the company will not only expand the range of services available to […]
Local customers are the driving force for the premium residential market development in Riga; the growth trend will continue this year as well The highest comfort level, or premium, properties are becoming more accessible to the local customer, who mainly chose existing houses in the Riga Center and often – as the objects for investing their funds. […]
Agenskalns neighbourhood in Riga, Pardaugava, has gained in popularity as a residential area during the last years. It is now in the 4/5th place on the list of Top 10 most popular districts of Riga. This is due not only to the particular aura of the place present in the lime-tree lined streets and numerous […]
In the annual Baltic Sotheby`s International Realty event results of previous year were summarized Previous year, 2017, in the premium-class real estate market in the Baltic States showed positive growth. With this conclusion, the annual event of the Baltic Sotheby`s International Realty representations of the all three Baltic States ended in Riga in the […]
Last year (2017) was stable in the highest comfort level or premium property market – in terms of business activity, it was equivalent to 2016 and marked by “sorting out” of prices. This year, no significant changes are forecasted in the premium property rental market situation; however, in the summer, the entire rental market, not only […]