{"id":2194,"date":"2014-09-30T11:07:19","date_gmt":"2014-09-30T11:07:19","guid":{"rendered":"https:\/\/latviasothebysrealty.com\/?p=2194"},"modified":"2014-09-30T11:07:28","modified_gmt":"2014-09-30T11:07:28","slug":"increasing-interest-renovated-properties-centre-riga-transactions-worth-eur-8-5-million-seen-august-september","status":"publish","type":"post","link":"https:\/\/latviasothebysrealty.com\/en\/increasing-interest-renovated-properties-centre-riga-transactions-worth-eur-8-5-million-seen-august-september\/","title":{"rendered":"INCREASING INTEREST IN RENOVATED PROPERTIES IN THE CENTRE OF R\u012aGA &#8211; TRANSACTIONS WORTH EUR 8.5 MILLION SEEN IN AUGUST, SEPTEMBER"},"content":{"rendered":"<p><a href=\"https:\/\/latviasothebysrealty.com\/wp-content\/uploads\/2014\/09\/Jekaba_Meirovica_iela.jpg\"><img decoding=\"async\" class=\"alignnone size-post-image wp-image-2190\" src=\"https:\/\/latviasothebysrealty.com\/wp-content\/uploads\/2014\/09\/Jekaba_Meirovica_iela.jpg\" alt=\"Jekaba_Meirovica_iela\" width=\"722\" height=\"453\" srcset=\"https:\/\/latviasothebysrealty.com\/wp-content\/uploads\/2014\/09\/Jekaba_Meirovica_iela.jpg 722w, https:\/\/latviasothebysrealty.com\/wp-content\/uploads\/2014\/09\/Jekaba_Meirovica_iela-300x188.jpg 300w, https:\/\/latviasothebysrealty.com\/wp-content\/uploads\/2014\/09\/Jekaba_Meirovica_iela-360x226.jpg 360w, https:\/\/latviasothebysrealty.com\/wp-content\/uploads\/2014\/09\/Jekaba_Meirovica_iela-480x301.jpg 480w, https:\/\/latviasothebysrealty.com\/wp-content\/uploads\/2014\/09\/Jekaba_Meirovica_iela-602x378.jpg 602w\" sizes=\"(max-width: 722px) 100vw, 722px\" \/><\/a><\/p>\n<p>A new trend in the real estate market in Latvia in recent times has been restored interest in renovated buildings in the capital city of R\u012bga that have stood empty for some time.\u00a0 <em>Baltic Sotheby\u2019s International Realty<\/em> board member Ilze Mazurenko:\u00a0 \u201cInvestors are rather active in properties in the\u00a0Quiet centre and elsewhere in the city.\u00a0 The only obstacle at this time is that in some cases, current owners are demanding an inappropriately high price for their properties.\u00a0 This is a paradox \u2013 owners do not have money or resources to develop their properties, but the price thereof remains very high.\u00a0 This causes suffering in terms of the appearance of R\u012bga, because every building that is unrenovated and in poor shape is like a rotten tooth that damages the city\u2019s smile.\u201d<\/p>\n<p>And yet this is a segment in which some movement has been seen in recent times.\u00a0 In August and September, <em>Baltic Sotheby\u2019s International Realty<\/em> handled the sale of two buildings opposite the Latvian National Theatre \u2013 at Zigfr\u012bda Meierovica Street 2 and J\u0113kaba Street 30 \u2013 for nearly EUR 5 million.\u00a0 Buildings at L\u0101\u010dpl\u0113\u0161a Street 11\/13 were sold for EUR 3.65 million, and the plan is to build a block of high-quality apartments there.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new trend in the real estate market in Latvia in recent times has been restored interest in renovated buildings in the capital city of R\u012bga that have stood empty for some time.\u00a0 Baltic Sotheby\u2019s International Realty board member Ilze Mazurenko:\u00a0 \u201cInvestors are rather active in properties in the\u00a0Quiet centre and elsewhere in the city.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":2190,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-2194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/posts\/2194"}],"collection":[{"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/comments?post=2194"}],"version-history":[{"count":1,"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/posts\/2194\/revisions"}],"predecessor-version":[{"id":2195,"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/posts\/2194\/revisions\/2195"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/media\/2190"}],"wp:attachment":[{"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/media?parent=2194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/categories?post=2194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/latviasothebysrealty.com\/en\/wp-json\/wp\/v2\/tags?post=2194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}