Latvia Real Estate Dealers Association LANĪDA price indicator continues to show a small increase in prices across almost all residential segments of Latvia.
In February, the average cost of apartments in new apartment buildings in the Riga downtown was EUR 2,717 per square meter. Not far from the downtown – EUR 1,271, on the outskirts of Riga – EUR 894, in Jurmala – EUR 2,840.
Secondary market apartment prices were the following: in the Riga downtown EUR 1,385 on average per square meter. EUR 714in microdistricts -, and EUR544 in the Riga area.
Secondary market home prices were EUR 1,101 per square meter in case it is located in the microdistricts of the capital, EUR 888 – not far from the downtown and EUR 1,400 - in Jurmala.