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State of the Environment in Riga 2001
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  City economy
 

Table 28.  Real estate market in Riga, 2000


Apartment Prices in Riga
(USD/mē)

1 room

2 rooms

3 rooms

4 or more rooms

Riga City Centre:

New apartments in new buildings

1100-1600

1100-1600

1000-1600

1000-1600

Renovated apartments

700-1300

700-1300

600-1300

600-1300

Un-renovated apartments

450-500

425-510

380-500

320-480

Apartments in wooden houses

180

180

170

170

Riga suburbs:

250-375

240-375

225-375

200-350


 

Private house prices in Riga (USD/m2 )

New

Renovated

Un-renovated

Riga suburbs:

450-1200

300-950

400-600



Private house and apartment rents in Riga
(USD per month)

1 room

2 rooms

3 rooms

4 rooms

Private houses

Riga City Centre

300-400

400-600

650-1000

900-1500

-

Riga suburbs

-

300

700

800-1200

1000-1800

 

 

 

Commercial rents in Riga (USD/mē per month)

 

Office

Retail

Modern warehouse

Industrial

Riga City Centre

8-20

15-40

5-8

-

Riga suburbs

3-12

5-20

1.5-4

1.5-4

 


Source: Riga Economic Environment, 2002


 

 

 

This page was last updated: 2003.03.31.