“The average price of series type apartments
in neighborhood was
“The offer of the rental apartments hasn’t decreased, but average rental
prices in February have felt down a little. The average price for two-room apartment is
The sector of the private houses and
land prices are still the same, but offer has decreased. Average price for
standard land area with infrastructure is
Offer of the rental spaces still exceeds demand. Space owners are ready to give
a discount for tenants and to offer rent fee holidays to 6 month.
Increases tenant’s interest to sign the
beneficial tenancy contracts about convenient prices and chance to change
location, setting the additional requirements, for example easy
opportunities for drive up, additional parking places, canteen near by ect.
Still more companies have started to engage these freely available trade areas
from 100-250 per square
meter in the
center of the Riga and Old Riga”, reports Aigars Zariņš. Average rental price
for offices in the center of Riga is 5–
“The spring of the year 2010 characterizes with market stabilization, without sharp price drop our rise. A little price rising can be caused by lack of cheep apartments in few segments, but still activity from buyers hasn’t decreased. Buyers understand, that this is the best time, for purchasing themselves the desired residence or to invest free money resource”, forecasts Aigars Zariņš.