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12.09.2025

The real estate market in Latvia is recovering – people are choosing loans instead of renting.

Latvia’s real estate market has experienced a significant increase in activity, reaching the highest number of transactions in Riga this July since the pre-crisis period. Market optimism and the rise in buyer activity indicate positive trends driven by several important factors. In this rapid growth, the real estate agency AVER stands out as a market leader, becoming the first agency founded in Latvia to plan the opening of international franchises.

12.09.2025

Where and what information should you check before purchasing a building plot

The construction of a residential building is an important decision, so the process must be approached with special care from the very beginning - from the moment of purchasing the land to be built on.

12.09.2025

Soviet-Era Apartment Buildings in Riga and Pierīga Are the Most Popular Choice Among Buyers

While real estate prices in new multi-apartment housing projects are gradually stabilizing or slightly increasing, the average price per square meter in Soviet-era apartment buildings has been decreasing over the past 12 months, making these apartments an affordable purchase in the current market conditions.

12.09.2025

Selling and buying real estate – what can we learn from natural disasters?

This month, the torrential rains caused by the devastating storm "Boris" affected much of Central Europe, causing significant damage to real estate and infrastructure, which could be estimated at approximately 2-3 billion euros.

12.09.2025

Changes in the real estate market. Is it time to buy a home?

When purchasing real estate, it is important to choose the right moment. In previous years, apartment and house prices have been growing rapidly, and it may have seemed that there would never be a better time to purchase real estate. However, the situation has now started to change. Has the right moment come to “break the piggy bank” for the first payment and go to the bank to take out a mortgage loan, or should we still wait?

12.09.2025

Opinion: Has real estate market activity in Liepāja decreased?

We often hear that the real estate market is going through difficult times, that it has slowed down a bit - Oskars Dombrovskis, head of the AVER Kurzeme real estate agency, explains the reality.

12.09.2025

53% of all real estate transactions currently take place in Soviet-era apartment buildings

While prices for real estate in new multi-apartment projects are gradually stabilizing or slightly increasing, the average price per square meter in Soviet-era apartment buildings has decreased over the past 12 months. This makes these apartments a more accessible purchase for buyers in the current market. In Riga and the surrounding area, 53% of all property transactions occurred specifically in Soviet-era buildings, whereas only a quarter were in new developments, according to data compiled by the real estate agency “AVER Real Estate.” On average, it takes about three months for an apartment in Riga or its vicinity to be sold to a new owner, with the most in-demand and expensive being apartments in the 119th and 104th building series.

12.09.2025

The number of apartments offered for sale is increasing, both in older buildings and in new projects.

Real estate prices in new apartment building projects are gradually stabilizing or increasing slightly, while the average price per m2 in serial apartment buildings has been decreasing over the last 12 months, which makes these apartments an affordable purchase for buyers in the current market conditions.

12.09.2025

Buying a house that is already built or building it yourself – which is the smarter choice right now?

Many families dream of their own home, with or without a green garden. However, when the time comes to make a decision about choosing a new place to live, the question arises: is it wiser to buy a ready-made home or create your own project and cooperate with a construction company?

12.09.2025

TOP 8 Tips for Any Real Estate Buyer

Buying real estate is a significant decision that requires careful consideration, whether you're a first-time buyer or have previous experience. From location and amenities to financing and resale value, Ritvars Sebris, franchise owner of the real estate agency “AVER Real Estate,” shares valuable advice that will be useful to any homebuyer.

12.09.2025

Buying an apartment using cryptocurrency – a utopia? The first transactions have already taken place in Latvia.

While cryptocurrency is no longer new to the financial world, a lot is still unknown about its use outside of the digital space – for purchasing real, tangible things. Cryptocurrency is a digital currency with a floating or relatively stable crypto exchange value that operates independently of banks and other financial institutions and can be used to purchase goods and services, send and receive money, and invest.

12.09.2025

Oskars Dombrovskis: Supply is not yet large enough to affect property prices

Soaring energy prices have brought adjustments in almost all areas of life. The real estate sector has also seen changes, albeit small ones.