A real report on the Latvian real estate market, based on VZD-registered deals.
Older buildings and newer developments don't just cost differently — they also make up very different shares of the total deal count. This chart shows what percentage of all this period's apartment deals happened in each era.
| Building era | % of deals | Deals | Average price | Avg. €/m² |
|---|---|---|---|---|
| Vecbūve (līdz 1945) | 16.5% | 368 | 53618 € | 1186 €/m² |
| Padomju sērijveida (1946–1993) | 66.4% | 1480 | 28197 € | 618 €/m² |
| Jaunā celtne (1994–2014) | 10.9% | 244 | 75374 € | 1571 €/m² |
| Jaunākie projekti (2015+) | 6.1% | 137 | 130327 € | 2657 €/m² |
How it's calculated: the building era is determined by the year VZD registered the building as put into service (not the \"building series\" mentioned in listings — that's available for real transaction data too rarely to base reliable statistics on). Eras: Pre-war — {% trans "līdz 1945. gadam" %}; Soviet-era prefab — 1946–1993 ({% trans "galvenokārt tipveida paneļu un ķieģeļu mājas" %}); New building — 1994–2014; Newest developments — 2015 and later. Percentages are calculated from deals where the building year is known; eras with fewer than 5 deals in the period aren't shown separately.
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Čiekurkalns | 1224 €/m² | ▲ 57.9% |
| Aplokciems | 1492 €/m² | ▲ 46.2% |
| Imanta | 1315 €/m² | ▲ 34.8% |
| Daugavgrīva | 714 €/m² | ▲ 24.5% |
| Krasta ielas rajons | 764 €/m² | ▲ 14.4% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Bolderāja | 416 €/m² | ▼ -28.6% |
| Teika | 1324 €/m² | ▼ -27.4% |
| Maskavas priekšpilsēta | 899 €/m² | ▼ -21.2% |
| Torņakalns | 708 €/m² | ▼ -17.5% |
| Dārzciems | 882 €/m² | ▼ -17.5% |
Filter by price, area, room count, neighborhood and building era.
Data from the State Land Service's (VZD, data.gov.lv) open data. Calculations are done automatically, without AI-generated analysis.