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News News in Brief Prices for apartments in Riga increased by 5%

Prices for apartments in Riga increased by 5%

11. 02. 2010
Written by rus.db.lv

In January of this year, standard-type apartments in Riga in the neighborhoods have risen in price, and price of the apartment in the heart of Riga and in new buildings have not changed.

According to Ober Haus Real Estate for sale in the number of apartments in Riga continued to decline and it becomes a cause of rising prices. In the city center apartments are rented in anticipation of increase in house prices.

In January, type apartment with no repair in districts of Riga were sold at an average price of 520 euros per square meter, which is 5% more than in December 2009. The average price per square meter in a studio apartment in Riga, without repair of 579 euros (grew by 6.7%), and two-bedroom apartment - 529 euros (increased by 7.3%).

Price of apartments with a small living area continues to approach the price of three bedroom apartments, to inform the Ober Haus. The most expensive apartments in Riga sold in the neighborhood Teika (620 euros per square meter), and in Mezciems (560 euros per square meter). Cheapest offer - Bolderāja (406 euros per square meter) in Vecmilgravis (445 euro per square meter. M) and Sarkandaugava (472 euros per square meter).

Buyers generally are interested in the apartments renovated. However, the apartment without repair if the price is 500 euros per square meter, are sold relatively quickly. In new buildings in Riga prices in January 2009 have not changed. New apartments in the city center can be purchased at the price of euro per square meter 1100-1800, in the districts of Riga - 800-1200 euros per square meter. metr.{linkr: bookmarks; size: small; text: nn; separator: +; badges: p}

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