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Friday, 25.04.2014, 05:59
The new ''Palace of Light'' National Library building is expected to finally be open to the public from end-May, Culture Minister Dace Melbarde (All for Latvia!-For Fatherland and Freedom/LNNK) said during a press conference today, informs LETA.
Keyword tags: Construction, Education and Science, Latvia, Real Estate
Saeima of Latvia today turned down a proposal that amendments to the procedure of temporary residence permits issued to third-country citizens who buy real estate in Latvia should come into force at the beginning of 2015, which means that the amendments will once again return to Saeima committees so they could come into force on an earlier date, informs LETA.
The Saeima of Latvia today in the final reading adopted amendments to the Construction Law, which will come into force on October 1, 2014, not May 1 as stipulated in the original version of the law, informs LETA.
In comparison with 2013, this year in March, the average price for square meter of Soviet era suburban block apartments has increased 3.7%, but during this year – 1.8%, as a report, provided by Latio, shows, cites LETA/Nozare.lv.
During the first quarter of 2014, in comparison with an analogous time period last year, the total number of all real estate transactions in Latvia, has grown 3.1%, the summary of Land Register data analysis, provided by Latio, shows, cites LETA/Nozare.lv.
On Tuesday Prime Minister of Lithuania Algirdas Butkevicius presented the Government's report of the activities of 2013 to the Parliament. There were still more promises and plans mentioned than completed tasks, informs LETA/ELTA, referring to Lietuvos rytas.
Three persons are suspected of causing the fire at the Riga Castle in June 2013 – the three were responsible for fire safety during renovations, as State Police Criminal Police Administration Chief Andrejs Grisins told reporters yesterday, informs LETA.
According to Statistics Estonia, compared to the previous quarter, the construction price index took a downturn in the 1st quarter of 2014 after three years of growth. The percentage change of the construction price index in the 1st quarter of 2014 was –0.1% compared to the 4th quarter of 2013 and 2.3% compared to the 1st quarter of 2013.
Held under the leadership of SEB last week, a meeting of real estate buyers and sellers in Estonia confirmed that someone buying a new home today must both carefully consider their family's actual needs and compare real estate offers that meet those needs before making a decision; often, a family will establish their borrowing capacity at the bank before even inspecting property for sale, the press service of the banking group SEB said in a statement.
The Museum of the Occupation of Latvia, a major tourist attraction in Old Town Riga, is facing a delay in its major reconstruction of six months due to "breach of contract and irresponsible conduct on the part of Buvprojektu vadiba Ltd., as the State Real Estate (SRE) company reports, cites LETA.
This afternoon, as a result of an investigation experiment, the remaining roof construction of the Maxima supermarket in Riga-Zolitude, failed to bear the weight of water and collapsed, LETA was informed by Toms Sadovskis, the State Police's press representative.
Estonia-based construction company Pro Kapital Grupp approved the audited annual report for the financial year 2013, under which the company's audited and consolidated revenue for financial year 2013 amounted to 12.287 million euro, compared to the 2012 revenue of 16.078 million euro, Pro Kapital Grupp said in a statement, cites LETA.
The housing sale results of Q1 2014 in Lithuania exceeded the expectations of most market players. According to data from the Centre of Registers, in Q1 2014 the number of transactions involving houses in Lithuania was 27% higher compared to the same period of 2013. The number of apartment transactions in the same period was 48% higher than a year ago, informs LETA/ELTA.
One of the leading global travel search sites Skyscanner listed 20 most hipster neighbourhoods in the world. Among others, Kalamaja, one of the fastest developing neighbourhoods in Tallinn was also selected as one of the best choices, Tallinn Tourism board said in a statement, ciets LETA.
Latvian Justice Minister Baiba Broka (VL!-TB/LNNK) announced at a press conference today that the ministry estimates that EUR 59,000,000 will be necessary for a new federal prison, informs LETA.