Property Prices in Riga, Latvia

Index Info
Price to Income Ratio: 8.66
Mortgage as Percentage of Income: 66.04%
Loan Affordability Index: 1.51
Price to Rent Ratio - City Centre: 23.56
Price to Rent Ratio - Outside of Centre: 21.51
Gross Rental Yield (City Centre): 4.24%
Gross Rental Yield (Outside of Centre): 4.65%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 490.90 € 400.00-700.00
Apartment (1 bedroom) Outside of Centre 335.41 € 300.00-425.00
Apartment (3 bedrooms) in City Centre 875.00 € 700.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 566.07 € 450.00-800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 233.42 € 185.80-301.93
Price per Square Feet to Buy Apartment Outside of Centre 142.12 € 92.90-204.38
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,167.17 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.56 2.50-6.50

These data are based on 364 entries in the past 18 months from 64 different contributors.
Last update: June 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far