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International Internet Magazine. Baltic States news & analytics Tuesday, 15.10.2019, 22:07

Apartment sales in Riga rocketed by 28% in January-October

Nina Kolyako, BC, Riga, 12.11.2012.Print version
Compared to the corresponding period in 2011, apartment sales in Riga increased 28% in the first ten months of 2012, according to information from the real-estate company Ober-Haus.

The average price of non-renovated Soviet-era apartments in Riga remained unchanged in October and amounted to EUR 578 (LVL 404.6) per square meter, writes LETA/


The prices of non-renovated Soviet-era apartments in Riga's most popular suburbs, such as Teika, Purvciems, Plavnieki, Ziepniekkalns, Imanta and Agenskalns, ranged from EUR 18,000 to EUR 27,000 (LVL 12,600 to LVL 18,900) for one-room apartments, from EUR 24,000 to EUR 36,000 (LVL 16,800 to LVL 25,200) for two-room, from EUR 30,000 to EUR 43,000 (LVL 21,000 to LVL 30,100) for three-room, and from EUR 40,000 to EUR 47,000 (LVL 28,000 to LVL 32,900) for four-room apartments.


In October, the greatest activity was recorded among local buyers who were interested in two-room apartments for an average price of EUR 30,000 (LVL 21,000).

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