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Main » Articles » Real Estate » Apartments

Riga apartments go up in price

In March, the cost of standard-type apartments increased by 2,5% on the previous month.

Over the past six months, this figure rose to 17,5%, according to The Baltic Course, citing data from a real estate company Arco Real Estate.

According to the Head of Valuation Company Maris Laukaleysa, now for the growth of prices for apartments there is reason, since the end of winter fell utilities. In addition, the economy has reached some stability, as evidenced by ratings from international rating agencies.

The volume of new supply of secondary flats Latvian capital rose in March at 7.8%. The biggest demand is for objects in the center of Riga, which cost € 2,3-3 thousands of square. m

Note that comparable data on price movements leads real estate agency Latio.

Category: Apartments | Added by: Дмитрий (17.04.2010) W
Views: 349 | Rating: 0.0/0

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