Real Estate in Riga, Latvia

Last updated on Feb 05, 2023

Summary: The average cost of a nice 2 bedroom home in Riga, Latvia is around €150,000, while a nice 3 bedroom home is around €200,000. These properties typically include modern amenities such as central heating, air conditioning, and modern appliances. Some may also include a balcony or terrace. There are no restrictions on foreign ownership for properties in Riga. Expats should search for a home to buy in Riga by using online real estate portals such as City24.lv or by contacting a local real estate agent. The most desirable neighborhoods in Riga include the Old Town, the Central District, and the Quiet Center. These areas are known for their historic architecture, vibrant culture, and convenient access to amenities.

How do I find a place to live in Riga?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in Riga is to use online rental websites such as Airbnb, Booking.com, or HomeAway. These websites offer a variety of rental options, from apartments to houses, and can provide detailed information about the location, amenities, and cost of each property. Additionally, you can search for rental properties on local real estate websites such as City24.lv or Arco.lv. These websites provide listings of available properties in Riga, Latvia, and can help you find the perfect place to live," said one expat in Riga.

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About the Author

Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.