Property guides
Practical, impartial guides to selling, letting and buying a home in Latvia — from choosing an agent to the Land Register entry.
Calculators and tools
- Your home’s price nowBy address, no account needed
- Selling cost calculatorCommission, notary, tax
- Documents for a saleA checklist to tick off
- Is the agent registered?Check before you sign
- Rent out or sellRental yield calculation
- Viewing checklistWhat to check in the flat and building
- Asking price checkCompare with the town median
- Offer builderA written offer, ready to send
- How much cash you needDown payment and costs
- Borrowing powerHow big a loan you can afford
- Rental income calculatorWhat is left after tax
- Handover reportReadings, keys, condition
- Deposit checkAt most two months’ rent
- Warning letter to a tenantWith a deadline to pay
- Real estate taxRates in nine municipalities
For sellers
From the price and choosing an agent to the Land Register.
How to sell an apartment in Latvia, step by stepSelling an apartment in Latvia step by step: documents, price, listings on ss.lv and city24.lv, earnest money, the purchase contract, the notary, the Land Register and handover.Read the guide →
How to value your homeHow to find the realistic market value of your apartment or house in Latvia: registered sale prices and asking prices, the factors that move the price, cadastral value and property tax, and an agent’s or valuer’s opinion.Read the guide →How to choose a real estate agent in LatviaA practical guide to choosing a real estate agent to sell your home in Latvia: the intermediaries register, local experience, questions for the meeting, a written contract and the commission.Read the guide →
Selling an apartment in Latvia: with an agent or yourself?An honest comparison of selling a flat in Latvia with a real estate agent or on your own: commission, workload, earnest money (rokasnauda), the purchase contract, the notary and the Land Register.Read the guide →
The costs and tax of selling an apartment in LatviaWhat selling an apartment in Latvia costs: the agent's commission and VAT, the notary, the Land Register state duty, repaying the loan and 25.5% personal income tax. With a calculator.Read the guide →
What is a property valuation report and when do you need oneA property valuation report is a certified valuer’s document on a property’s market value. When a bank requires one in Latvia, what it costs, how long it holds and how to check a valuer in the LĪVA register.Read the guide →
For landlords
From the rent and the contract to recovering arrears.
How to rent out an apartment in LatviaA practical guide to letting your apartment in Latvia: the right rent, the agent’s commission, tenant checks, a written fixed-term lease, a deposit of up to two months’ rent and the 10% tax with VID.Read the guide →
The residential lease in Latvia: what it must containWhat an apartment lease in Latvia must contain: the mandatory terms, rent and how it may change, a deposit of up to two months’ rent, a fixed term, notice, Land Register entry and the handover act.Read the guide →
Tenant not paying rent in Latvia: what to doStep by step when a tenant in Latvia stops paying: talking, a written warning with a month’s notice, termination, fast-track eviction for a registered lease, the warning procedure up to €15,000 and the bailiff.Read the guide →
Rent it out or sell?How to decide between letting and selling an apartment in Latvia: rental yield, costs and empty months, the 10% tax on rent and the 25.5% capital gains tax, and when each option wins.Read the guide →
For buyers
From the inspection and the mortgage to negotiating the price.
First-time home buyer's guide in LatviaA guide for first-time buyers in Latvia: budget and down payment, the ALTUM guarantee, bank pre-approval, searching on ss.lv and city24.lv, checking the Land Register, earnest money, the contract, the notary and the Land Register entry.Read the guide →
Getting ready for a mortgage in LatviaHow to prepare for a mortgage in Latvia: the Latvijas Banka limits (40% of income, 6× annual income, 30 years), the down payment, ALTUM guarantees and the Balsts grant, and comparing bank margins.Read the guide →
What to check when buying an apartment in LatviaA buyer's checklist for Latvia: the building and its manager, the reserve fund, the building file in BIS, the flat itself, the Land Register, the manager's statement of debts, divided ownership and the energy certificate.Read the guide →
How to negotiate the property price in LatviaHow to make a well-grounded offer and negotiate a flat price in Latvia: asking prices against registered deal prices, leverage, a written offer, earnest money (rokasnauda) and the Land Register check.Read the guide →
For owners
Real estate tax and cadastral value.
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