Property Prices in Latvia

Index Info
Price to Income Ratio: 8.44
Mortgage as Percentage of Income: 54.20%
Loan Affordability Index: 1.85
Price to Rent Ratio - City Centre: 22.44
Price to Rent Ratio - Outside of Centre: 20.38
Gross Rental Yield (City Centre): 4.46%
Gross Rental Yield (Outside of Centre): 4.91%
Rent Per Month
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Apartment (1 bedroom) in City Centre 328.16 € 180.00-600.00
Apartment (1 bedroom) Outside of Centre 236.44 € 120.00-350.00
Apartment (3 bedrooms) in City Centre 611.94 € 300.00-1,000.00
Apartment (3 bedrooms) Outside of Centre 443.74 € 250.00-750.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 151.69 € 65.03-232.26
Price per Square Feet to Buy Apartment Outside of Centre 99.54 € 46.45-167.22
Salaries And Financing
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Average Monthly Net Salary (After Tax) 801.42 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.61 1.50-4.00

These data are based on 592 entries in the past 18 months from 104 different contributors.
Last update: June 2021
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages:

DeutschImmobilienpreise in Lettland
PortuguêsPreços de Imóveis na Letónia
ItalianoPrezzi delle proprietà immobiliari in Lettonia
FrançaisPrix de l'immobilier en Lettonie
EspañolPrecios de Inmuebles en Letonia