20% average annual growth in property prices predicted for the next 10 years

Interest rates in Latvia are incredibly low in real terms and outstanding mortgage loan figures in Latvia are at least 40% lower than in other EU countries.

Latvia currently has some of the lowest property prices in the whole of Europe with prices starting at 17,000 euros

20% annual returns

In 2006 in Latvia wage growth began outpacing productivity and this divergent trend is actually a long term negative factor for sustainable growth

The government taxes capital gains made from real estate to slow speculation and to slow the overall speed at which property is growing in a bid to slow the entire economy down

Latvia is not a tourism hotspot and not a country trying to target tourism