Latvia, Real Estate

The prices for Soviet-era non-renovated 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, writes LETA.

Local residents were mostly the ones interested in purchasing apartments in Riga's suburbs in July, especially apartments up to 50 square meters in area priced at EUR 35,000 (LVL 25,400) or less.