on deal safety
Local Latvian company with excellent knowledge of the market
Representative office in London
Full legal assistance and deal registration
Final price of real estate is approved before signing the agreement. No hidden fees
Personal manager for each customer
(native English speaker)
This is the right moment to buy real estate in the most convenient European market. With the euro adoption as at January 1, 2014, Latvian market has become even more attractive and stable because it eliminates currency risk for investors. As a result of the crisis, Latvian real estate prices are still 49 % lower than in 2007. Prices on real estate in Latvia will grow because Latvia is a member of the EU. In some time, they will be the same as in other European countries, therefore purchasing real estate in Riga, Jurmala and other Latvian towns, cities or villages is a great investment.
Latvia is a really unique country – geographical situation in the middle of Europe on the coast of the Baltic Sea, large space and low density of population, calm life in the countryside and modern cities, friendly hospitable people and safe life. Latvia is experiencing growth in tourism industry and interest for apartments, houses or villas for holiday usage is gradually increasing.
The climate of Latvia, especially that of Jurmala, is particularly favourable for people with heart diseases because this resort town offers a brilliant combination of the Baltic Sea, sandy beaches, pine tree forests, absence of industry and minimum of auto traffic, and, as a result, the clarity of air and untouched nature. Due to highly developed private healthcare market, Latvia has been a popular medical tourism destination for more then 10 years. Also, it has been providing SPA and beauty services on exceptionaly high level even to the most demanding customers.
Latvia is a newly formed ecotourism destination. It can boast of numerous things that people from megapolises lack – fresh air, deserted beaches, clean rivers and lakes, variety of mushrooms and berries and fish. Even if products are not labelled as “eco”, they are definitely fresh, tasty and natural.
Latvia offers a wide variety of competitive advantages for investors, which make Latvia a perfect place for doing business. Cost effectiveness, highly skilled workforce, well-developed infrastructure and macroeconomic stability are some of the key elements that provide for dong business comfortably and successfully. Also, investors enjoy easy accessibility to other markets in the region, as well as access to EU Structural Funds.
Riga is already a venue for cultural events on an international scale, but in 2014 it has become the cultural epicentre of Europe. During its year as European Capital of Culture, hundreds of special events are taking place representing culture in its broadest sense. This year, cultural personalities are already warming up for Riga as European Capital of Culture 2014 with a variety of interesting events.
Riga International Airport is a modern facility that unites several airlines offering cheap, often and comfortable flights to and from London, Cambridge, Birmingham and other cities of the UK.
Good infrastructure has made Latvia attractive to foreign investment. The country has well-developed public transport, good roads, all the necessary public facilities, accessible energy and water and advanced communications.
Unlike the UK, Latvia can boast of fast Internet. Due to its relatively small size, Latvia had an easy time piping fast internet out to most of the country. While many European countries are barely meeting the global average, Latvia is providing some of the fastest internet speeds in Europe. Broadband lines reach an average peak speed of 37.5 megabits per second, placing the country in the top 5 of the world.
Latvian mentality is reserved but, at the same time, people living there are very friendly. It is also worth mentioning that most Latvians speak at least some English and most of the educated population speak it fluently.
Experienced drivers and dispatching team know the city in- and-out, which means that all the terms will be fulfilled. Eating out in Latvia is a great experience – both local and international cuisine is available everywhere in Riga. Whatever is your reason why you consider purchase real estate in Latvia we are ready to help you fight now!