house buying eu logo

latvian flag Latvia

Hotspots

Riga

Riga is one of the largest capital cities in the Baltic’s boasting a population of 874,000. Due to the large Russian influence in Riga's history, up to a half of inhabitants speak Russian as their first language.

Since Latvia's accession into the EU in 2004, property prices in Riga have risen with huge demand for city centre apartments. Indeed, many of the older office buildings in the city are beginning to be renovated into plush city apartment blocks. It is expected that these new apartments will provide the lowest risk investment in Latvian property.

Riga is served by Riga International Airport and there are a number of low cost airlines servicing the city from most European capital cities.

The city enjoys high numbers of tourist visitors and there is a lively nightlife in the capital. There is also one of the finest collections of art nouveau buildings in Riga, which helps to maintain the cosmopolitan and sophisticated atmosphere of the city.


Jurmala

Jurmala is a term that is used to encapsulate the three coastal resorts of Majori, Dzintari and Bulduri, which are, located a short distance West of Riga.  The area was exclusively used as a getaway for rich residents of Riga, but the appeal has widened and house buyers from many nations now take advantage of the benefits of owning property in the Jurmala region.

The largest resort in Jurmala is Majori, which consists of small cafes and a small shopping region. Dzintari is similar to Majori but on a smaller scale, whilst Bulduri is a quieter retreat compared with the other two resorts.

Property in Jurmala consists mainly of holiday homes and charming wooden housing. There are a number of unspoilt pine woods, spas and beaches and this helps to maintain the relaxed, pleasant atmosphere of the area.

There is a strong summer rental market, mainly between May and September and you could expect to rent a family home for €500 per week during the high season.

| Back to Top | Home | About Us | Site Map | Privacy Policy | Contact Us | ©2007 housebuying.eu |