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Emerging Property in Europe This section of the forum aims to highlight new and emerging property markets that are opening up within Europe. Join us to discuss some of these future European property hotspots.

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latvia property investments

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  #1  
Old 18-01-2008, 12:39 PM
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Default latvia property investments

what do people think of the latvian market not just riga but the country as a whole i see alot of people look at the capital but i have always found second tier cities are amoung the best to invest in
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Old 19-03-2008, 06:06 PM
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Riga has outgrown it's affordability for the moment and prices, especially in Old Town are dropping slightly, nothing to panic about but there is a definite slowdown in the larket accompanied by the expected levelling off of prices.

I believe that elsewhere in the country there are some great opportunities. I am part owner of 300ha near Dobele. We are only a few months way now from getting the land re-zoned to allow for a golf course and hotel development along with some very exclusive housing plots. We have been working on this project for nearly three years and there is light at the end of the tunnel!
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Old 19-03-2008, 06:13 PM
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hi thats good yto know i am doing a number of developments in daugavpils which is near to the border of belarus i am working directly with the city officals with them which is making it alot simpler to get whats needed done and also there are plans to develop and open the old airport for international useage i have also tied in with some of the larger land and property owners in the area to secure as much as i can before the airport becomes offical
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Old 14-11-2008, 07:57 PM
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peter, see my post under Riga V's Moscow for an idea of where my experiance has led!

jason
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