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) | 17.7% | 381 | 46002 € | 1088 €/m² |
| Padomju sērijveida (1946–1993) | 62.7% | 1350 | 29856 € | 646 €/m² |
| Jaunā celtne (1994–2014) | 8.9% | 191 | 87713 € | 1766 €/m² |
| Jaunākie projekti (2015+) | 10.7% | 230 | 115340 € | 2630 €/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 |
|---|---|---|
| Purvciems | 1405 €/m² | ▲ 33.7% |
| Pļavnieki | 1576 €/m² | ▲ 33.2% |
| Teika | 1640 €/m² | ▲ 24.5% |
| Vecmīlgrāvis | 759 €/m² | ▲ 19.2% |
| Ziepniekkalns | 1368 €/m² | ▲ 18.0% |
| Neighborhood | Avg. €/m² | Change |
|---|---|---|
| Aplokciems | 1249 €/m² | ▼ -45.7% |
| Daugavgrīva | 440 €/m² | ▼ -40.6% |
| Krasta ielas rajons | 1815 €/m² | ▼ -25.1% |
| Šampēteris-Pleskodāle | 1002 €/m² | ▼ -13.4% |
| Jugla | 914 €/m² | ▼ -9.6% |
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.