Property Prices in Latvia

Index Info
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
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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
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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
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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
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