Latvia, Real Estate
International Internet Magazine. Baltic States news & analytics
Friday, 19.04.2024, 07:08
Real estate prices in Jurmala increased by 20% to 45% in 2011
Nina Kolyako, BC, Riga, 27.01.2012.
Print version
Print versionAfter a quiet 2010, the real-estate market in the Latvia coastal resort town of Jurmala was very active in 2011 and neared the level of records set in 2006 and 2007, according to information from the Jurmala City Council's financial specialists.
 |
|---|
The head of the Jurmala City Council's Budget Department Inga Braca pointed out that the situation in the real-estate market in Jurmala has for some time differed to the situation in the rest of the country, and that Jurmala has already recovered from hitting rock bottom. In 2011, real-estate prices in Jurmala increased by an average of 20 to 45%, writes LETA.
Thanks to the successful summer 2011 season, there has also been an increased demand in apartments in new apartment projects.
«The Baltic Course» Is Sold and Stays in Business!
