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Latvia
🇱🇻 A country. We have 118 states and 125 cities, 0 streets and 0 properties registered in our database.
Insights About Latvia
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Cost of Living in Latvia
Eating and Drinking
Budget-Friendly Meal at Restaurant
$ 10.89
3-Course Meal for 2 at Mid-Range Restaurant
$ 63.19
McDonald's McMeal or Similar Combo
$ 7.66
Cappuccino (Normal)
$ 3.14
Coke/Pepsi (0.33 Liter)
$ 1.55
Transport
Single Way Ticket (Local Transportation)
$ 1.63
Monthly Pass (Standard Price)
$ 32.64
Taxi Starting Price (Standard Tariff)
$ 2.31
Taxi 1 KM Price (Standard Tariff)
$ 0.96
Taxi 1 Minute Waiting Price (Standard Tariff)
$ 10.77
Fuel (1 Liter)
$ 1.84
Volkswagen Golf 1.4 Trendline (Or a Same Segment Vehicle)
$ 25,572.84
Toyota Corolla Sedan 1.6l Comfort (Or a Same Segment Vehicle)
$ 25,836.26
Leisure & Hobbies & Sport
Fitness Club
$ 44.72
Tennis Court (Weekend, 1 Hour)
$ 26.28
Cinema (1 Seat)
$ 10.60
Clothing
Jeans (Levis 501 or a Same Quality Jeans)
$ 82.03
Summer Dress (From Chain Stores like H&M, ZARA, etc.)
$ 46.03
Nike Running Shoes (Middle Segment)
$ 87.80
Men’s Leather Business Shoes
$ 124.12
Apartment Prices
M2 Price in City Centre
$ 2,593.00
M2 Price Far From City Centre
$ 1,577.63
20 Years Fixed Rate Mortgage Interest Rate (%, Annual)
$ 3.99
Grocery Shopping
Beer (Domestic, 0.5 Liter)
$ 4.37
Beer (Imported, 0.33 Liter)
$ 2.82
Milk (1 Liter)
$ 1.24
Fresh White Bread (500 Grams)
$ 1.43
White Rice (1 kg)
$ 2.84
Chicken Eggs (12 pcs)
$ 2.76
Local Cheese (1 kg)
$ 10.65
Chicken Meat (1 Kg)
$ 7.16
Beef Meat (1 Kg)
$ 11.42
Apple (1 Kg)
$ 1.41
Banana (1 Kg)
$ 1.75
Orange (1 Kg)
$ 2.27
Tomato (1 Kg)
$ 3.09
Potato (1 Kg)
$ 0.84
Onion (1 Kg)
$ 0.98
Lettuce (1 Piece)
$ 1.57
Water (1.5 Liter)
$ 0.84
Wine Bottle (0.7 Liter, Mid-Level)
$ 7.62
Cigarette (20 Pcs Pack, Marlboro)
$ 4.93
Monthly Bills
Basic Bills (Heating, Cooling, Water, Electricity, Garbage) for 90 m2 Apartment
$ 322.94
Prepaid Mobile Tariff Local for 1 Minute (Standard Price without Discount or Monthly Plan)
$ 0.12
Internet Service (50 Mbps or Higher, Unlimited, ADSL)
$ 17.19
Childcare
Kindergarten (Private, Full-Day, Monthly)
$ 455.58
Primary School (Yearly, International, for Single Child)
$ 14,348.10
Rent
1 Bedroom Apartment Far From City Centre
$ 489.94
1 Bedroom Apartment in City Centre
$ 335.96
3 Bedrooms Apartment in City Centre
$ 875.28
3 Bedrooms Apartment Far From City Centre
$ 584.51
Salaries
Average Salary (Net, Without Taxes)
$ 1,157.20
Air Quality Details of Latvia
A colorless, odorless gas emitted from incomplete combustion of carbon-based fuels, posing a health risk when inhaled in high concentrations.
A reddish-brown gas produced by combustion processes, particularly in vehicles and power plants, contributing to air pollution and respiratory issues.
A reactive gas present in the atmosphere, beneficial at higher altitudes but forming ground-level smog when concentrated, potentially harmful to respiratory health.
A gas resulting from burning fossil fuels containing sulfur, contributing to air pollution and respiratory problems.
Fine particles smaller than 2.5 micrometers in diameter, able to penetrate deep into the lungs, associated with respiratory and cardiovascular issues.
Coarser particles with a diameter of 10 micrometers or smaller, contributing to air pollution and potential health problems.
The United States federal agency tasked with safeguarding human health and the environment by regulating pollutants and implementing environmental laws.
The UK government department responsible for overseeing environmental protection, food production, and rural affairs.
Latvia Geographical Information
ISO2
: LV
ISO3
: LVA
Phone Code
: +371
Currency
: EUR
Population
: 1,884,490 (2021)
Learn More About Latvia
Welcome to the Latvia page of TrustLocale.com, the go-to platform for property reviews and ratings around the world. Latvia, a small country located in the heart of the Baltic states, is known for its stunning natural views, rich culture, and historic cities.
One of the main attractions of Latvia is its capital, Riga. With a population of around 700,000 people, Riga is the cultural and financial hub of the country. Its charming Old Town, recognized as a UNESCO World Heritage Site, is a popular tourist destination, lined with colorful buildings, cobblestone streets, and a mix of Gothic, Baroque, and Art Nouveau architecture. Riga also offers an array of museums, art galleries, and restaurants, serving up traditional Latvian cuisine.
Latvia is also famous for its breathtaking nature. The country is home to a diverse range of natural wonders, including dense forests, serene lakes, and scenic beaches. The Gauja National Park, located just a short drive from Riga, is the largest national park in Latvia, boasting stunning views, hiking trails, and a variety of wildlife. Meanwhile, the Jurmala Beach, situated on the Gulf of Riga, is a long white beach dotted with traditional wooden houses and chic resorts, perfect for a summer getaway.
Aside from its natural beauty, Latvia is also a developed and progressive country. The economy is growing, and the government is investing in infrastructure projects, making Latvia an attractive destination for businesses. Property prices are relatively affordable, with a range of options available for different budgets.
With its combination of natural beauty, rich culture, and investment opportunities, Latvia is a promising destination for both travelers and property investors. If you are looking for reliable and honest property reviews, TrustLocale.com is here to help. Join our community today and discover the best properties in Latvia.
One of the main attractions of Latvia is its capital, Riga. With a population of around 700,000 people, Riga is the cultural and financial hub of the country. Its charming Old Town, recognized as a UNESCO World Heritage Site, is a popular tourist destination, lined with colorful buildings, cobblestone streets, and a mix of Gothic, Baroque, and Art Nouveau architecture. Riga also offers an array of museums, art galleries, and restaurants, serving up traditional Latvian cuisine.
Latvia is also famous for its breathtaking nature. The country is home to a diverse range of natural wonders, including dense forests, serene lakes, and scenic beaches. The Gauja National Park, located just a short drive from Riga, is the largest national park in Latvia, boasting stunning views, hiking trails, and a variety of wildlife. Meanwhile, the Jurmala Beach, situated on the Gulf of Riga, is a long white beach dotted with traditional wooden houses and chic resorts, perfect for a summer getaway.
Aside from its natural beauty, Latvia is also a developed and progressive country. The economy is growing, and the government is investing in infrastructure projects, making Latvia an attractive destination for businesses. Property prices are relatively affordable, with a range of options available for different budgets.
With its combination of natural beauty, rich culture, and investment opportunities, Latvia is a promising destination for both travelers and property investors. If you are looking for reliable and honest property reviews, TrustLocale.com is here to help. Join our community today and discover the best properties in Latvia.
Popular Questions About Latvia
The cost of buying a property in Latvia depends on various factors such as location, size, and condition. As of now, the average price per square meter in Riga, the capital city, is around $1,700.
Yes, foreigners can buy property in Latvia without any restrictions. However, it is advisable to consult with a legal professional to ensure a smooth purchase process and understand any necessary documentation or procedures.
Riga, the capital city of Latvia, is a popular choice for property buyers due to its vibrant lifestyle and economic opportunities. Other cities like Jurmala and Liepaja are also known for their real estate investment potential.
In Latvia, you can find a variety of property types including apartments, detached houses, villas, and land for development. Each property type comes with its own advantages and price range, catering to different buyer preferences.
To buy property in Latvia, you will need a valid passport or ID, as well as an official translator for non-Latvian documents. It is highly recommended to hire a local notary and a lawyer who can guide you through the legal process.
Yes, there are property taxes in Latvia. The exact amount varies depending on the property's value and location. It is advisable to consult with local tax authorities or a professional tax advisor for accurate and up-to-date information.
The average rental yield in Latvia varies depending on the property type and location. In Riga, it typically ranges between 5% to 7%, but can be higher in certain areas or for specific property investments.
Latvia has a well-developed infrastructure with modern roads, airports, and public transportation systems. The quality of infrastructure is generally good, especially in major cities like Riga, ensuring convenient connectivity and transportation options.
Property owners in Latvia may be eligible for residency permits, providing them with certain benefits and rights. The specific requirements and conditions vary, so it's recommended to consult with immigration authorities or legal professionals for accurate details.
Before buying property in Latvia, consider factors such as location, market trends, legal procedures, and potential returns on investment. It is crucial to conduct thorough research, visit properties in person, and seek professional advice to make an informed decision.
