Latvia, Real Estate

International Internet Magazine. Baltic States news & analytics Friday, 14.03.2025, 13:08

Arco Real Estate:Apartment prices in Soviet-era standard design houses off 1.2% in July

BC, Riga, 06.08.2020.Print version
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In July this year, apartment prices in Soviet-era standard design houses in Riga dropped 0.7% from June and declined 1.2% from the beginning of the year, Arco Real Estate said in its latest report on the market of standard-design apartments referred LETA.

 The average price of the standard-design apartments in July 2020 was down to EUR 809 per square meter, or about 50% lower than in July 2017 when the average price of a non-renovated Soviet-era apartment hit all-time-high of EUR 1,620.

 

The highest prices at EUR 950 per square meter remain in Teika, while the lowest prices at EUR 585 were recorded in Bolderaja.




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