Latvia property investment guide
Prices, price growth and rental yields, region by region
Home prices in Latvia rose 7.9% a year on average from 2016 to 2025, the 12th fastest of 35 European countries. Renting out on 12-month lets earned a gross yield of 8.8% of the price a year, falling from 11.4% in 2016 to 7.5% in 2025 as prices outpaced rents. A square metre cost €945 in 2025.
Updated 2026-10-28 · Data 2015–2026 so far
Areas of Latvia
| Kurzeme | +10.8% | 8.8%* | €577 |
|---|---|---|---|
| Latgale | +10.0% | 8.8%* | €304 |
| Vidzeme | +8.8% | 8.8%* | €603 |
| Zemgale | +8.5% | 8.8%* | €529 |
| Rīga | +6.3% | 8.8%* | €1,157 |
Price growth: 2016–2025, compound average per year, in the country's own currency, before inflation. Rental yields: 12-month lets, gross. Price per m²: latest year, from the best published source for each area. * Figure of the larger area: no local data. – no data.
Price growth by year
% change on the year before
How Latvia compares
Median of 35 countries with a price index, 2016–2025.
Questions
What is the average property price per m² in Latvia?
€945 per m² in 2025, from State Land Service (VZD). It ranges from €304 in Latgale to €1,157 in Rīga.
How much have property prices risen in Latvia?
+7.9% a year on average from 2016 to 2025, and +10.8% in 2026 so far.
What rental yield can you get in Latvia?
8.8% of the price a year on average for 12-month lets in 2016–2025, and 7.5% in 2025. These are gross figures, before costs, fees, empty months and tax.
Which area of Latvia had the highest price growth?
Kurzeme, at +10.8% a year from 2016 to 2025, ahead of Latgale at +10.0%.
Sources
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