Buy real estate in Latvia and unravel its mysteries
The atmosphere of modern times and the Middle Ages, the measured rhythm of European life and echoes of the recent socialist past, Riga balsam and amber... Of course, we are talking about such a close and yet so mysterious Latvia. In order to unravel the mysteries of this country, it is not enough to come here on vacation. But those, who bought or will buy real estate in Latvia, are fully able to come into contact with the history and traditions of this country of "Scandinavian" climate and Slavic hospitality.
Real estate in Latvia - not only housing on the coast
When it comes to property in Latvia, many have thought that the houses in the country are being bought by those who prefer to spend their holidays on the Baltic Sea. Of course, Riga and Jurmala are considered to be leaders by both the number of tourists coming here and the number of buyers, including foreigners. But Latvia is also known as a country with a huge number of mineral springs and medieval castles, the amount of which is more than fifty. A small but very cozy town of Sigulda has a glory of "Swiss Latvia". Houses, cottages and farms here are in high demand not only for eco-tourists, but also for homebuyers in Latvia.
Real estate in Latvia at the sea - a holiday home or investment?
Certainly, the so-called holiday home, namely housing by the sea in Latvia, is quite popular among buyers, including not only among the fans of luxury rentals, but investors looking for protection of their capital from inflation. Moreover, private owners of these houses can always combine business with pleasure. So, having an apartment by the sea in Jurmala or apartments in Riga, or house in Liepaja, they may perfectly and, most importantly, continuously rest, and for the rest of the period to rent their housing, earning on its content and on the next vacation.
How to buy property in Latvia?
Buying a house in Latvia for both locals and foreigners is very simple. To make a deal with any real estate here will only need a valid passport. The whole procedure from registration to the transfer of ownership is carried out by a notary. A future owner only needs to transfer the necessary amount to the bank account of the seller-owner of the real estate – and that’s all!
