International Internet Magazine. Baltic States news & analytics
Monday, 27.03.2017, 17:38
The Latvian Finance Ministry supports the proposal of the Justice Ministry, providing that the property tax hike may not exceed 10%, Finance Minister Dana Reizniece-Ozola told LETA.
Keyword tags: Financial Services, Latvia, Real Estate, Taxation
According to Statistics Estonia, the Dwelling Price Index increased by 4.7% in 2016 compared to the average of 2015. In the annual comparison, the prices of apartments increased by 4.5% and the prices of houses by 5.4%.
Baltic Horizon Fund (the Fund) announced on 19th of January 2017 a plan to sign a sales purchase agreement to acquire Duetto I office property in Vilnius, Lithuania, reportds funds representative.;.
Only persons with knowledge of Latvian language will be permitted to purchase agricultural land in Latvia23.03.2017
Saeima today supported amendments to the Law on Land Privatization in Rural Area, which foresees that agricultural land can only be purchased by persons with the knowledge of the Latvian language, writes LETA/BNS,
This year’s Concrete Day took place at the Estonian National Museum where the Estonian Concrete Association announced the winners of the ‘Concrete Building of the Year Awards 2016’, the Estonian Concrete Association representative informed BC.
More than half of Latvians, or 57%, believe that buying housing is more economical than renting, a poll by Swedbank reveals.
Hot water temperatures in all apartment blocks in Vilnius will be temporarily raised to carry out a thermal disinfection of the hot water systems after three people infected with Legionnaires' disease have died in the Lithuanian capital, the local authority's Emergency Commission decided on Wednesday, reports LETA/BNS.
Three Lithuanian and foreign companies or consortia have passed the pre-selection stage of the bidding process for a concession to build and operate a 90-million-euro national stadium in Vilnius. The fourth potential bidder, Italy's Pessina Costruzioni, missed the deadline for submitting its application.
An emergency has been declared in Vilnius after Legionella bacteria were found in the water systems of several apartment buildings in the Lithuanian capital, writes LETA/BNS.
The home improvement and gardening retailer Bauhaus opened on Friday morning its second store in Estonia in Tallinn's Rocca al Mare neighborhood that represents an investment of more than 20 mln euros, reports LETA/BNS,
The board chairman of Valsts Nekustamie Ipasumi (VNI), the manager of Latvian public properties, Martins Tols has stepped down, write LETA.
Housing affordability in Lithuania's major cities declined in late 2016 despite accelerating wage growth, according to Swedbank's latest housing affordability index (HAI) released on Thursday, writes LETA/BNS.
Finland’s Realia Group, the largest service provider in real estate management and brokerage services in the Nordic countries, has acquired Swedish real estate management company Hestia, Iveta Ozolina, a representative of Ober-Haus Real Estate Latvia, a member of the Realia Group, told LETA.
Eften Real Estate Fund III, the Baltic real estate fund for private investors set up by the investment company Eften Capital in June 2015, is to pay dividends worth a total of 1.5 mln euros this year, writes LETA/BNS.
Managing urban areas has been always one of the most important development challenges for city planners. During last decades, cities have been developed in a strictly “human & sustainable” way: everything for city’s dwellers! However, nowadays it’s easy to evaluate the “optimal city” –its development has to be in line with the sustainability concept adopted by the UN and in effect from January 2016.