At Someplace Else we have Baltic investment property in both Lativia and Lithuania, both highly desirable locations for overseas buy to let and fly to let property.

Since the fall of communism in the countries along the Baltic, investment property in Lativia, Lithuania and Estonia has become a lucrative source of income for overseas investors. Buying property in Lativia and Lithuania is both straightforward and relatively cheap, although prices for good quality accommodation in the capital cities of Riga and Vilnius respectively are increasing as demand outstrips supply.

That’s good news for foreign investors as new developments replace deteriorating Soviet era flats and a rising standard of living increases demand for better quality housing. Last year prices for off-plan apartments rose by 20 – 40%, while 2006 saw prices for property to buy in Latvia rise by according to Knight Frank – the highest in Europe.

With Estonia already having experienced something of a property boom, Latvia and Lithuania represent the biggest growth areas on the Baltic for investment property. With offices in both Vilnius and Riga, we’re well placed to help with all the paperwork involved in buying property in Lithuania and Latvia, with expert knowledge of the local market in helping you to find the best deals available.

Once you’ve found a property to buy we can help with additional services such as rental management, setting up a bank account, translating contracts and much more.
 

Baltic Investment Property