Real estate investments in Latvia provide a number of opportunities for any type of investments and property. As of 2017, the most lucrative type of property to invest into is retail property, amounting to approximately 50% of the total investment value. The second most profitable area is office buildings: last year, 3 out of 5 most valuable deals were related to leasing office spaces. Several groups of analysts note that, due to the activities of major Latvian real estate investors, the next two years are especially suitable for selling large property portfolios, as it will probably be easier to do so in the nearest future, rather than later in time. Major Latvian banks also note that in the nearest 20 years investing in stable assets, such as property and especially land, is a very advisable decision. This is mainly because of the current economic growth, which promises an increase in real estate value.

In terms of more general statistics, Latvia, along with the rest of Central and Eastern Europe is the 2nd most popular location for real estate investors in Europe, and 3rd most popular in the world. The average return values range from 5% to 10%. As of 2017, residential property building is one the rise, and it is projected to remain so at least until 2019. This means that a significant number of new residences will be available for investing in the nearest future.

https://propertyguide.lv/en/investing/