This year started with strong turbulence on almost all financial markets. The inflation concerns were intensified by the talks about restraining of the monetary policy, and the expected rise in the interest rates created strong capital flows, which was particularly strengthened by the most tense atmosphere on the geopolitical arena of the century. The impact […]
Similar as elsewhere in the world, the post-pandemic trends emerge also in Latvia, as remote work opportunities are given preference more often, which has encouraged people to extend their living space and organise comfortable work environment at home. During the pandemic, people have also managed to create savings, which has allowed them to invest these […]
Latvia Sotheby’s International Realty has commenced the sale of unique plots of land within the urban environment Jurmala Dune providing an opportunity for those interested to build their future home in a private, exclusive, and safe environment surrounded by a nature park, and the sea. Jurmala Dune is a village in the vicinity of Ragakāpa […]
For the first time after commissioning, eight exclusive apartments of different sizes are available for sale on the 19th floor of the Z-Towers skyscraper in Pārdaugava. Until now, the high-rise building only offered apartments for rent, but now anyone interested can buy an apartment in the mixed-use building, including by paying with Bitcoin. The sale […]
The premium segment real estate market leader in the Baltics, Baltic Sotheby’s International Realty, has undergone restructuring and will hereafter continue its operations in Latvia as Latvia Sotheby’s International Realty, concentrating on the premium real estate market in and around Riga and Jurmala, which is the most dynamic segment in the country, as well as […]
Ten years ago, “Baltic Sotheby’s International Realty”: real estate business franchise of the world-famous brand Sotheby’s International Realty, started its operation in Latvia. Over the course of these years, the company has managed to achieve the leading position in the premium real estate market niche in the Baltic states and become the first choice of […]
We inform you that the management of Baltic Sotheby’s International Realty has made a decision to provide a possibility for all three Baltic office employees to work remotely, supporting national governments in their efforts to limit the spread of Covid-19 virus, and taking care of employees, customers, partners, and overall public health and safety. We […]
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 […]