Property Prices in Latvia

Index
Price to Income Ratio:	7.68
Mortgage as Percentage of Income:	49.41%
Loan Affordability Index:	2.02
Price to Rent Ratio - City Centre:	23.06
Price to Rent Ratio - Outside of Centre:	18.82
Gross Rental Yield (City Centre):	4.34%
Gross Rental Yield (Outside of Centre):	5.31%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	333.64 €	200.00-600.00
Apartment (1 bedroom) Outside of Centre	249.15 €	120.00-450.00
Apartment (3 bedrooms) in City Centre	608.63 €	300.00-1,250.00
Apartment (3 bedrooms) Outside of Centre	424.38 €	250.00-800.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	156.92 €	55.74-275.46
Price per Square Feet to Buy Apartment Outside of Centre	92.73 €	37.16-185.80
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	874.30 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.62	2.00-3.80

These data are based on 570 entries in the past 18 months from 116 different contributors.
Last update: June 2022
Our data for each country are based on all entries from all cities in that country.

Sources and References

What are sources and references?  

Sources and References:

• Statistics Bureau of Latvia - Personal Income Average Rates

Add a new source here:

URL:
Description: