Property in Latvia
Our company works in field of real estate in market and territory of republic of Latvia. We provide the best solutions and render professional advices to our clients what helps easier to make decision and what will satisfy client specific needs.
We are specialized in various fields of real estate businesses. We work for your desires and our purpose is to offer and ensure absolutely safe services and high quality services willing to make long term cooperation.
!!! The lowest average price for one sq.m. is in Latvia and on October 2011 it is 939 eur/sq.m. and it is lower for 59,6% than on peak on May 2007. !!!
It means that average flat with area 70 sq.m. (3 rooms) costs approximately 65.730eur.
Our main services in Latvia are:
- sales of real estate;
- rent and lease of property (flat, house, land, office etc);
- finding the best real estate (property) according to demands and interests of client;
- Registration of real estate in the Land Register, preparing of the required documents;
- Legal services, consultations and preparing all necessary documents for deal as well as making contracts on behalf of client and representing client;
- Planning and administration of real estate on behalf of client;
- Representing our client interests in governmental institutions.
Services
Our company ensures all necessary services related with purchase, sale, rent and lease of real estate as well as preparing other important documents (deals) related with legal and financial demands and needs of client.
Legislation and regulations
As a member of the European Union, Latvia operates under Europe-wide legislation. To further stimulate investments, Latvian Government is implementing many state support programs via EU Structural funds for private business development.
Operations with real estate in Latvia are prescribed by several laws. Main law which prescribes operations with real estate is Civil law. Ownership of real estate is prescribed in Law of Land Register. This law also interprets registering and other operations of real estate in Land Register.
There is some specific legislation which prescribes reform of real estate in towns, which are provided to retain development of agricultural lands in rural area and which provide special rules for foreigners. For example, Law of privatization in rural area, Law of reform of lands in towns of Republic of Latvia.
