Property Prices in Riga, Latvia

Index Info
Price to Income Ratio: 8.57
Mortgage as Percentage of Income: 65.58%
Loan Affordability Index: 1.52
Price to Rent Ratio - City Centre: 24.37
Price to Rent Ratio - Outside of Centre: 22.61
Gross Rental Yield (City Centre): 4.10%
Gross Rental Yield (Outside of Centre): 4.42%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 474.00 € 400.00-700.00
Apartment (1 bedroom) Outside of Centre 332.26 € 250.00-500.00
Apartment (3 bedrooms) in City Centre 930.88 € 700.00-1,400.00
Apartment (3 bedrooms) Outside of Centre 613.79 € 500.00-950.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 243.78 € 195.09-325.16
Price per Square Feet to Buy Apartment Outside of Centre 154.05 € 102.19-232.26
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,248.68 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.59 2.50-6.50

These data are based on 355 entries in the past 18 months from 61 different contributors.
Last update: February 2025

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