Property Prices in Latvia

Index Info
Price to Income Ratio: 8.60
Mortgage as Percentage of Income: 55.69%
Loan Affordability Index: 1.80
Price to Rent Ratio - City Centre: 21.73
Price to Rent Ratio - Outside of Centre: 20.25
Gross Rental Yield (City Centre): 4.60%
Gross Rental Yield (Outside of Centre): 4.94%
Rent Per Month
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Apartment (1 bedroom) in City Centre 344.18 € 200.00-600.00
Apartment (1 bedroom) Outside of Centre 246.91 € 150.00-400.00
Apartment (3 bedrooms) in City Centre 594.44 € 300.00-1,000.00
Apartment (3 bedrooms) Outside of Centre 425.70 € 200.00-700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 148.80 € 65.03-232.26
Price per Square Feet to Buy Apartment Outside of Centre 99.40 € 46.45-167.22
Salaries And Financing
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Average Monthly Net Salary (After Tax) 776.28 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.69 1.50-4.00

These data are based on 602 entries in the past 18 months from 114 different contributors.
Last update: February 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