Latvia was the first emerging market for property we began operating in so we’re extremely familiar and experienced with the market there. When we opened our office in Riga in early 2005, UK investors were quick to cotton on to the nascent fly to let property market in the capital and that’s a trend that continues, with refurbished flats in the Old Town still a popular choice among investors from the UK, Europe and Russia.

Good quality accommodation in the capital is in short supply - last year prices for off-plan apartments rose by 20 – 40%, while 2005 saw prices for property to buy in Latvia rise by as much as 30%. That’s good news for foreign investors in Latvia as investment property promises both high capital growth and good rental incomes from either holiday lets or long-term lets to local residents.

We have a diverse range of property for sale in Latvia, with investment property available in new developments in and around the capital, built to replace deteriorating Soviet era flats and to deal with the demand for better quality housing.

To find out more about property to buy in Latvia and in other growth areas in Eastern Europe, including Bulgaria and Montenegro browse Someplace Else now.

Click to view Property Listings in Latvia