Five Inexpensive European Capitals to Buy an Apartment
February 25, 2022
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What type of real estate can you choose to invest in if the budget is not very large? Consider inexpensive apartments in several European capitals. Surprisingly, square meters in many capital cities are cheaper than resort properties. At the same time, you can still make money on such an investment.
Why Capital Cities?
The main cities of every country usually are considered for investment and residence. An apartment in Paris, Berlin, or Rome does not need to be a dream! From a practical point of view, there is always a demand for real estate in megacities.
Judge for yourself: universities, authorities, offices of large companies, medical centers are usually located in the capitals. The main attractions are most often concentrated there, together with the main airports, train stations, seaports. Human flows flock to them: tourists, students, immigrants, business travelers, and so on. They all need somewhere to live. Apartments for rent in large cities are constantly in demand. That is why real estate in the capitals, as a rule, increases in price.
However, real estate is already prohibitively expensive in the main cities of many European countries. You will have to pay more than half a million euros for a good apartment in Paris or London! Investors are already turning away from some European capitals for that reason.
We are used to looking at Eastern Europe counting on low prices, but investors' interest in the tidbits in recent years has been so great that prices there have soared! For instance, prices have doubled in Budapest over the past eight years. Prague has already turned into a city for the rich.
Fortunately, there are still places on the map of Europe where you can buy real estate in the capital city relatively inexpensively.
Podgorica, Montenegro
A square meter of housing in the capital city costs on average €1,000, real estate prices reach €2,000 in prestigious areas.
Investors and tourists are primarily interested in the famous resorts of Montenegro, like Budva, Bar, Herceg Novi. Meanwhile, about a quarter of the country's population lives in the capital city – 150,000 people. Podgorica has a university, offices of large companies, the airport, and a train station, so it is better to consider real estate for long-term rental here.
If you are going to move to Montenegro, it is worth exploring the capital city option. Yes, you will have to give up the sea view from your balcony. But theaters, clinics, and even large shops are worth looking for in Podgorica. Resort towns often have only a minimal set of services. By the way, it will be possible to get to the sea from the capital in half an hour.
The history of Podgorica is ancient but sad: the city was destroyed during the Second World War. Therefore, almost the entire housing stock is post-war, and the houses of the socialist period are typical Soviet buildings. Active construction of modern buildings began already after the declaration of independence of Montenegro.
Real estate in Podgorica:
130 000 €
Flat in Podgorica, Montenegro
89 sq.m2
Residence
The object code is 1.27.13.8204For sale a two-bedroom apartment in Podgorica, in the Brotherhood of Unity, street No. 3.
The apartment has an area of 89m2, with a garage of 13 m2.
The apartment consists of: living room with dining area, kitchen, two bedrooms, bathroom, hallway and terrace.
The apartment is sold fully furnished.
Ready to move in....
DOO TradeGoria
180 000 €
Flat in Podgorica, Montenegro
65 sq.m2
Residence
The object code is 1.27.13.8935
Description: For sale two-bedroom apartment City Kej, Podgorica. The apartment is oriented to the east.
The house is built of high quality materials.
In the living room and bedrooms, the floor is made of three-layer parquet of the Tarkett type - brushed oak, ceramic tiles of the first class are installed in the...
DOO TradeGoria
350 000 €
House in Podgorica, Montenegro
390 sq.m1175
ResidenceRemote Transaction
5978. Podgorica, Toloshi area. Three-storey house built in 1998. House area 390 sq m: 1st floor - independent: corridor, three bedrooms, kitchen-living room, bathroom, terrace; 2nd floor - separate entrance, corridor, two bedrooms, kitchen-living room, two terraces, bathroom + separate toilet; 3rd floor - entrance from the second floor via an...
Real Estate & Building Company «ADRIATIC SEA EXPERT»
285 000 €
House in Podgorica, Montenegro
310 sq.m
Residence
The object code is 5.27.11.10436
We offer for sale a house in Podgorica, Zlatitsa district, with a total area of 310m2, a land plot of 700m2Structure of the house :
Basement with 4 rooms
Ground floor: corridor, living room, kitchen, 3 bedrooms , bathroom, storage room
Internal staircase to the second floor and basement
Second floor: corridor,...
DOO TradeGoria
199 000 €
Flat in Podgorica, Montenegro
65 sq.m322
ResidenceRemote Transaction
7034. Capital Podgorica, a prestigious place of the city.
Excellent modern three-room apartment in a new house.
Located on the 6th floor / 9-storey building.
Area 65 sq m: two bedrooms, kitchen-living room, two bathrooms, large balcony.
Multi split system "Samsung without wind". 90% furnished.
Good panorama. South side.
The...
Real Estate & Building Company «ADRIATIC SEA EXPERT»
895 000 €
Villa in Podgorica, Montenegro
435 sq.m54
ResidenceOnline ViewingRemote Transaction
New luxury project in Podgorica overlooking the city. An exclusive village consisting of individual villas, villas with apartments, 3 or 9 apartments. apartments with one, two or three bedrooms. The settlement will have everything necessary for life, transport accessibility to the city center and the entire infrastructure of the city. Private...
Monte Condos
310 000 €
Flat in Podgorica, Montenegro
109 sq.m31
Residence
Living area: 109 m2 Terraces: 3 Bedrooms: 3 Bathroom: 1 Storage room in the apartment + utility room in the house Location: Podgorica, Roman Square The layout of the apartment: a spacious living room combined with a dining area and a kitchen, 3 bedrooms, 1 bathroom, 3 terraces, a pantry + utility room in the house. Location: the apartment is...
Galeo
310 000 €
Flat in Podgorica, Montenegro
109 sq.m3
Residence
The object code is 1.27.13.11355
We offer for sale a luxury apartment in the very center of Podgorica in the houseon the Roman Square.Features:Living area: 109 m2Terraces: 3Bedrooms: 3Bathroom: 1Storage room in the apartment + utility room in the houseLocation: Podgorica, Roman SquareOne of the most pleasant areas of the city: near 2 large...
DOO TradeGoria
130 000 €
House in Podgorica, Montenegro
116 sq.m532
Residence
7172. Podgorica, nearest suburb (countryside) Tolosi.
Two-storey house at the base 58 sq. m, gross area 116 sq. m. Internal area (excluding walls and partitions) 90 sq. m (2 x 45 sq. m). Ground floor: corridor, living room, kitchen, bathroom (furniture available, accommodation possible). Internal staircase to the second floor. Second floor:...
Real Estate & Building Company «ADRIATIC SEA EXPERT»
370 000 €
House in Podgorica, Montenegro
260 sq.m7
Residence
House in Podgorica, 4 floors, 7 bedrooms.
Large plot with fruit trees, garage.
Suitable for permanent residence and rental.
Ground floor: living room and two bedrooms, corridor, bathroom.
Second floor: living room and three bedrooms, separate kitchen, bathroom.
Third floor: two bedrooms, bathroom.
Galeo
170 000 €
Flat in Podgorica, Montenegro
65 sq.m1
Residence
The object code is 1.27.13.11608
SALE €170,000
Podgorica, Montenegro. The area is 65 m2. Bedroom 1, another room for an office or a second bedroom, a living room with a kitchen, a hall, 2 bathrooms. Access to the terrace from the living room and from the bedroom. Panoramic view of the city and mountains.
The perfect location. City Key House,...
DOO TradeGoria
310 000 €
Flat in Podgorica, Montenegro
109 sq.m3
Residence
DescriptionSpacious apartment 109m2 with 3 bedrooms in the very center of Podgorica
Living area: 109 m2
Terraces: 3
Bedrooms: 3
Bathroom: 1
Pantry in the apartment + utility room in the house
Location: Podgorica, Roman Square
Price on request
Apartment layout: spacious living room combined with dining area and kitchen, 3...
Tradegoria Global Estate
195 000 €
Flat in Podgorica, Montenegro
65 sq.m2
Residence
DescriptionPodgorica, Montenegro. Area 65 m2. Bedroom 2, another room for an office or a second bedroom, living room with kitchen, hall, 2 bathrooms. Exit to the terrace from the living room and from the bedroom. Panoramic views of the city and mountains.
Ideal location. City Key house, just 10 minutes to the center. Nearby there is a park and...
Tradegoria Global Estate
155 000 €
Flat in Podgorica, Montenegro
93 sq.m3
Residence
DescriptionApartment with 3 bedrooms in Podgorica near Mount Ljubovic. 93m2, 2 levels, 2 bathrooms, parking space.
Tradegoria Global Estate
1 600 000 €
Villa in Podgorica, Montenegro
600 sq.m85
Podgorica, Velje Brdo -Riverside Family Villa Riverside, eight-bedroom family villa in Velje Brdo, Podgorica. Layout by floors: Basement: two bedrooms, gym, laundry room and technical room First floor: spacious living room, separate kitchen with dining room, bedroom, bathroom, exit to the terrace and yard Second floor: five bedrooms, four...
Sotheby's Montenegro
797 500 €
Villa in Podgorica, Montenegro
162 sq.m32
Modernly furnished, three bedroom villa with gross area of 234 m2, consisting of the ground floor and first floor. The Ground floor has 3 spacious bedrooms, built-in closets, bathroom with a bath. The master bedroom has its own fireplace (LED), private shower + its own toilet, and direct access to the outdoor jacuzzi. All 3 bedrooms have direct...
Sotheby's Montenegro
70 400 €
Flat in Podgorica, Montenegro
44 sq.m1
Residence
DescriptionApartment in Podgorica
Zabielo district
Area 43.8 m2
The garage space is sold separately at a price of 8,000 euros.
Price 1600 euro/m2
Tradegoria Global Estate
189 000 €
Apartment in Podgorica, Montenegro
72 sq.m
Residence
For sale a furnished one-bedroom apartment with a total area of 72 m2, completely renovated, located on the ground floor in a great location near the Temple and the college, on Vasa Raichkovich Street in Podgorica.
According to official documents, the apartment has an area of 61 m2, but the real area is 72 m2.
The apartment consists of two...
The apartment is located in a modern building near the Moraca River and Gorica hill, Zagorica district. Just 3 minutes by car from the center or 10 minutes on foot. The area is ideal for family holidays. The apartment offers a fantastic view of Gorica hill and the old part of Zagorica, full of greenery.
The area of the apartment is 64m2. The...
Belyj Slon
330 000 €
House in Podgorica, Montenegro
480 sq.m8
ResidenceOnline ViewingRemote Transaction
ID 1310 Apartment building for sale in Podgorica The house has two one-bedroom apartments and two three-bedroom apartments, a garage, and a basement.
Each apartment has its own separate entrance
After the builders
Location: Podgorica, Donja Gorica district
Area: 480 m2, plot 950 m2 Cost 330,000 euros
The small number of ancient monuments is also explained by large-scale destruction. The Millennium Bridge over the Moracha River, which was opened in 2005, is one of the new points of attraction.
Podgorica is located in an earthquake-prone area, so you will not find high-rise buildings here. Apartment buildings of five to seven floors predominate. New facilities are high-quality economy or business class housing. Prices in the capital are significantly lower than in cities by the sea since most of the investors are into resorts.
The most prestigious neighborhoods are in the center and near the large Delta City shopping complex. There are also many private houses in and around the capital.
The average cost of a square meter in the capital city is €1,100; prices range from €700 in residential areas to €4,000 in new houses in the center.
About 500,000 people live in Tirana, and about 1 million - in the metropolitan agglomeration. That makes up to a third of the total population of the country.
Unlike Podgorica, Tirana avoided massive destruction during WWII. It is the capital city of Albania for more than a century, therefore, you can admire ancient monuments since Ottoman times. Nevertheless, there are many buildings from the time of socialism. The city has a lot of interesting examples of modern architecture nowadays. The transformation of Tirana became especially vivid in the '90s, when the professional artist Edi Rama, now the Prime Minister of Albania, became the mayor of the city.
The center of Tirana is Skanderberg Square. The famous boulevards of the capital depart from the square: Boulevard Zog I, Zhan D'Ark Boulevard, Dëshmorët e Kombit Boulevard – one of the most beautiful places in the city. The oldest districts are Bam, Mukho, and Pazari i Ri. In the other direction from the square begins the New Tirana: an elite central area that extends to the university campus.
Real estate in Tirana:
150 000 €
Apartment in Tirana, Albania
120 sq.m432
Spacious apartment, 4 rooms 2 bathrooms. Apartmnet is facing south and has sun light all day.
Habita International Estates Ltd
135 000 €
Apartment in Tirana, Albania
88 sq.m111
Open space premises with possibility to be used as business or living premises with surface 56.6m square.
Habita International Estates Ltd
165 000 €
Apartment in Tirana, Albania
113 sq.m321
Fully renovated and furnished apartment for sale in Tirana.
VENTURE PARK
City Vilas Residence
The project is composed of 32 Vilas.
Its a very well thought design being built with the highest standarts.
For more info: +355 694 040 723
Polaris Construction
220 000 €
Flat in Tirana, Albania
70 sq.m211
ResidenceRemote TransactionCryptocurrency payment
Turquoise Marina From the boat to the house… The residence of innovations brings for the first time in Albania the residential marina with mooring port & parking place for watercraft. A grand project situated in the coast of albania by the adriatic sea. The flat is located on the ground floor and has an area of 69.9. and has a...
Polaris Construction
199 000 €
Flat in Tirana, Albania
89 sq.m211
ResidenceRemote TransactionCryptocurrency payment
Palladium Residence Located in Tirana, near the "Liqeni Thate", one of the best zones of Tirana. The project is organized as a Residence, with Security, Fitness, SPA, Underground Parking and Social Building. The apartament is organized as 1+1 typology, with living quarters and 1 bedroom. The property comes with 1 underground parking...
Now the capital is being transformed following the "Tirana-2030" plan. Within its framework, the development will become more orderly and modern, and the city itself will become greener, with new parks, bike paths, and an emphasis on electric vehicles.
Albania is one of the cheapest countries in Europe, and real estate prices are no exception. Perhaps that is why foreign buyers have come to love it so much: about a third of transactions are conducted by foreigners. However, they rush to the resorts, and the capital remains in the shadows.
Nevertheless, from the point of view of investment, this is a good choice. In addition to the standard set - universities, museums, theaters, stadiums, banks, business centers - Tirana remains the center of the country's industry. The largest factories are here, which means that specialists and line employees flock here. Real estate prices in Albania continue to rise, the pandemic has not stopped them, which means that the investor will be able to receive income from the resale.
The average price per square meter in the city is €1,200, the most expensive apartments in the center are €2,000, the cheapest in the campus area are €900 thousand per sq.m.
About 1.5 million people live in the Bulgarian capital - about a quarter of the total population. Although most tourists go to the Black Sea resorts, there is also something to see in Sofia.
There are two dozen universities, many theaters, and museums. Buses, trolleybuses, and trams travel around the city, three metro lines operate.
Although the history of Sofia goes back to antiquity to the times of the Roman period can be found in the city, the part of the development appeared after WWII, during which the Bulgarian capital suffered significantly.
Real estate in Sofia:
124 000 €
Flat in Sofia, Bulgaria
75 sq.m321
The complex has its own park and panoramic mountain views
About the residential complex
project area
1.4 ha
the area of the park
4000 m2
number of apartments
264
number of parking lots
268
This is the largest comfort-class club complex in the rapidly developing area of Sofia, Malinova Valley with a closed protected area with...
A unique project in Sofia at the stage of closed sales, in a well-maintained area that is dynamically developing, already has a ready-made infrastructure suitable for both living and investing.
The house itself is already ready with Act 14. Delivery of the 4th quarter of 2024.
I will send the presentation and the website on request.
***...
Invest Cafe
136 350 €
Flat in Sofia, Bulgaria
75 sq.m21
Rental property
Malinova Valley Quarter
Malinova Valley, where the NAKAMA PARK RESIDENCE complex is located, is a prestigious southern quarter of Sofia, which has all the amenities, entertainment and developed infrastructure - a business park, large shopping centers, grocery stores, schools, kindergartens, hospitals, etc. A 5-minute drive away is the...
Sofia is a very green city which differs it from many other European cities. The main city park is on Vitosha Mountain, there is also a popular ski resort.
Although there is noticeable tourist traffic in the city, realtors recommend focusing on long-term rentals. That is both more reliable and less troublesome. For the same reason, it is best to choose locations near universities, business districts, or large enterprises, of which there are many in Sofia. Real estate in the city center brings an income of about 4-6% per annum. On-campus, you can get up to 7%.
A square meter of apartments in the city center costs €1,500–2,500, in rich suburbs - €2,500-4,000, liquid economy class options cost around €1,000per sq.m.
The Greek capital is the undisputed leader. It is the largest city (3 million people) and a world-famous landmark, an open-air museum. Indirect confirmation of this is that real estate in Athens is not cheaper than in Greek resorts.
Athens is a large city that lives in a rhythm familiar to residents of megacities. There are a lot of museums, theaters, clubs, restaurants, well-developed transport, including metro and high-speed tram. At the same time, the Greek capital has typical problems of large cities: dilapidated houses in some districts, dirt, high crime rates, clusters of illegal migrants.
Urban architecture is a mixture of epochs and styles, but it is possible to distinguish several major waves. In the XX century, Athens developed rapidly, the population grew several times. Mass construction of inexpensive multi-story houses began in the city. Another milestone was the 2004 Olympic Games when the transport infrastructure was significantly improved. Nowadays, many advanced construction projects are being implemented in Athens, the largest and most famous of which is the construction of the former Ellinikon International Airport.
Real estate in Athens:
1 200 000 €
Maisonette in Athens, Greece
205 sq.m532
Residence
Duplex for sale with an area of 205 sq.m in Athens. The duplex is located on 2 levels. The ninth floor consists of 2 bedrooms, a living room, one kitchen, one bathroom, one bathroom. The attic consists of one bedroom, living room, one bathroom. The duplex apartment has a corner location. The windows offer a magnificent view of the sea, the...
GREKODOM DEVELOPMENT A.E
350 000 €
Flat in Athens, Greece
90 sq.m431
Residence
Apartment for sale with an area of 90 sq.m in Athens. The apartment is located on the sixth floor and consists of 3 bedrooms, a living room with a kitchen, one bathroom. The windows offer a magnificent view of the mountains, the city. The facility has solar panels for water heating, air conditioning, awnings, heating. The property is sold...
GREKODOM DEVELOPMENT A.E
500 000 €
House in Athens, Greece
128 sq.m541
Residence
For sale 1-storey cottage with an area of 128 sq.m in Athens. The cottage consists of 4 bedrooms, a living room, one kitchen, one bathroom. The cottage has a corner location. The windows offer a magnificent view of the sea, the mountains, the city. The property is sold furnished. The cottage is located in the Piraeus - Castela area. The cottage...
GREKODOM DEVELOPMENT A.E
950 000 €
Flat in Athens, Greece
176 sq.m432
Residence
For sale apartment of 176rs in Athens. The apartment is situated on the 3rd floor. consists of 3 bedrooms, living room with kitchen, 2 bathrooms, one WC. Flat has front layout. A magnificent view of the city, the sea, the mountain opens up from the windows. There are solar panels for water heating, a fireplace, air conditioning, awnings, heating...
Mercury Group
600 000 €
Townhouse in Athens, Greece
218 sq.m864
Residence
For sale maisonette of 218rs in Attica. The maisonette has 2 levels. The semi-basement consists of 3 bedrooms, living room with kitchen, one bathroom, one shower WC. The ground floor consists of 3 bedrooms, living room with kitchen, one bathroom, one shower WC. There are solar panels for water heating, a fireplace, heating and a barbecue area....
Mercury Group
2 100 000 €
Flat in Athens, Greece
345 sq.m533
Residence
For sale apartment of 345rs in Athens. The apartment is situated on the 1st floor. consists of 3 bedrooms, 2 living rooms, one kitchen, 3 bathrooms, 2 WC. Flat has interior layout. There is a fireplace, air conditioning and heating. The owners will be leaving the furniture with the sale. Extras included with the property: parking space.
Mercury Group
490 000 €
House in Athens, Greece
282 sq.m42
Residence
For sale 3-storey house of 282rs in Attica. The ground floor consists of living room with kitchen, living room, one WC. The first floor consists of 3 bedrooms, 2 bathrooms. The semi-basement consists of one bedroom, living room. There is a fireplace, air conditioning and heating. The owners will be leaving the furniture with the sale. Building...
Mercury Group
860 000 €
Townhouse in Athens, Greece
220 sq.m322
Residence
For sale maisonette of 220rs in Attica. The maisonette has 2 levels. The first floor consists of living room with kitchen, one WC. The second floor consists of 2 bedrooms, 2 bathrooms. A magnificent view of the sea, the mountain, the forest opens up from the windows. There is a fireplace, air conditioning and heating. The owners will be leaving...
Mercury Group
2 000 000 €
House in Athens, Greece
380 sq.m964
Residence
For sale 2-storey villa of 380rs in Attica. The ground floor consists of 2 bedrooms, living room with kitchen, living room, 2 bathrooms. The first floor consists of 4 bedrooms, living room with kitchen, 2 bathrooms. A magnificent view of the city, the sea, the mountain, the forest opens up from the windows. There is a fireplace, air...
Mercury Group
1 050 000 €
House in Athens, Greece
204 sq.m1
Residence
With beautiful landscaped garden of 840 sq.m. private pool 5x10m. and barbeque, apartment - house is set on twond floor: Large living room, dining room for 10 persons, large living room with fireplace, built-in bar, guest WC, separate kitchen with dining area for 6 persons. Large terraces with living and dining room with sea views and access to...
Mercury Group
650 000 €
House in Athens, Greece
330 sq.m85
Residence
For sale 3-storey house of 330rs in Attica. The ground floor consists of 3 bedrooms, living room with kitchen, living room, 2 bathrooms. The first floor consists of 2 bedrooms, living room with kitchen, one bathroom, one WC. The second floor consists of 3 bedrooms, 2 bathrooms. A magnificent view of the city, the sea opens up from the windows....
Mercury Group
400 000 €
Townhouse in Athens, Greece
277 sq.m742
Residence
For sale maisonette of 277rs in Attica. The maisonette has 4 levels. The semi-basement consists of living room, one WC, one playroom. The ground floor consists of living room with kitchen, living room, one WC. The first floor consists of 3 bedrooms, one bathroom, one WC. The second floor consists of one bedroom, one bathroom, one dressing room....
Mercury Group
190 000 €
Flat in Athens, Greece
85 sq.m2
An apartment of 85 sq.m is for sale in Athens. The apartment is located on the floor
GREKODOM DEVELOPMENT A.E
2 100 000 €
Flat in Athens, Greece
820 sq.m
Residence
Apartment for sale with an area of 820 sq.m in Athens. The apartment is located on the floor and consists of a property sold furnished.
GREKODOM DEVELOPMENT A.E
360 000 €
Flat in Athens, Greece
75 sq.m321
Residence
For sale apartment of 75rs in Athens. The apartment is situated on the 2nd floor. consists of 2 bedrooms, living room with kitchen, one shower WC. Flat has front layout. A magnificent view of the city opens up from the windows. There are solar panels for water heating, a fireplace, air conditioning, awnings, heating and a barbecue area. The...
Mercury Group
850 000 €
Flat in Athens, Greece
165 sq.m432
Residence
For sale apartment of 165rs in Athens. The apartment is situated on the 4th floor. consists of 3 bedrooms, living room, one kitchen, 2 bathrooms, one WC, one storeroom, one office. Flat has front layout. A magnificent view of the sea opens up from the windows. There are solar panels for water heating, a fireplace, air conditioning, awnings and...
Mercury Group
310 000 €
Flat in Athens, Greece
83 sq.m321
Residence
For sale apartment of 83rs in Athens. The apartment is situated on the 3rd floor. consists of 2 bedrooms, living room with kitchen, one bathroom, one WC. Flat has double-frontage layout. There are solar panels for water heating, a fireplace, air conditioning, awnings and heating. Building has a lift. Extras included with the property: garage....
Mercury Group
140 000 €
Flat in Athens, Greece
70 sq.m321
The apartment is 70 meters, in good condition
It is located near the Athens University of Economics and near the city park, there is a metro and a swimming pool nearby.
Suitable for family living or renting to students.
Invest Cafe
498 000 €
Maisonette in Athens, Greece
101 sq.m31
Residence
The project is located in the suburbs of South Attica, in Gerakas
ABOUT THE PROJECT
Armored/Fireproof door
Solar Water Heater
Modern real estate with minimal aesthetics
Fully installed alarm system
The central antenna
Large windows for maximum visibility.
Autonomous cooling and heating system.
Automatic lighting system...
GLYFADA GOLF PROPERTIES IKE
180 000 €
Flat in Athens, Greece
73 sq.m321
An apartment of 73 sq.m is for sale in Athens. The apartment is located on the fourth floor and consists of 2 bedrooms, a living room, one kitchen, one bathroom. The facility has solar panels for heating water, air conditioning, awnings, heating. There is an elevator in the building. The facility has an alarm system installed. The apartment is...
The most popular areas are, of course, in the center. In the Plaka, you can see the Acropolis from the windows. But real estate there is the most expensive. Some neighborhoods in the center of Athens have a bad reputation. For example, it is not recommended to enter the Omonoia and Exarcheia districts. Seaside locations such as Glyfada, Elliniko, Palaio Faliro, Alimos, IIlioupoli are considered prestigious.
Since the tourist flow in the city is intense, investors have focused on short-term rentals. It provides a stable income. When foreigners disappeared from Greece, the tourist rental market collapsed even though the country stimulated domestic tourism. Although there is a recovery now, the pre-pandemic indicators remain unattainable.
For this reason, for those who are not ready to take risks, it is better to choose an object for long-term rent. Here, as in other cities, you will have to look at the proximity to universities, train stations, and business districts or focus on prosperous suburbs. The rental yield is 4-6% and depends on the region. For small objects, it will be larger. With skillful delivery, you can achieve 10%.
Apartments in the center cost €2,000-4,000 per sq.m, in residential areas - €1,000-2,000, typical buildings of the Soviet period - from €700 per sq.m.
Riga is a world-class tourist gem, the historical center of which is included in the UNESCO World Heritage List.
In addition, it is the largest city and the main industrial and scientific center of the country. 600,000 people live in Riga – a third of the total population, most universities and research centers are located here.
All this makes the city promising for both short-term and long-term rentals. The real estate market in Latvia in general and Riga, in particular, is doing well today. Prices were rising in 2021: in the third quarter, apartments in Riga rose by 5.13% year-on-year. The yield is about 4%, although small objects in the center can bring 6%. Realtors promise up to 10% with professional management.
Riga is more than 800 years old, and the oldest buildings on the territory of the city date back to about this period. Many attractions in the center also appeared in the XIII-XIV centuries, although most of them were rebuilt. But those objects that are available for purchase to an ordinary investor, of course, belong to the last century.
Real estate in Riga:
190 000 €
Apartment in Riga, Latvia
113 sq.m3
Latvia
City of Riga
Apartment in a quiet center + residence permit
Bright, large 3-room apartment in the quiet center of Riga.
The condition is excellent, the apartment is after a high-quality repair.
2nd floor of a 4-storey building, there is a balcony
The house is after reconstruction, the entrance is in excellent condition.
The...
INDOM
350 000 €
Flat in Riga, Latvia
104 sq.m211
Residence
We offer for sale sunny one-bedroom apartment with a terrace in a new project in the heart of the city of Riga. The apartment is offered with full high quality finishing - wooden double-glazed windows with a view to the courtyard, parquet floors, marble bathrooms, exclusive plumbing, sophisticated and elegant interior design. Built-in kitchen,...
Mercury Group
359 000 €
Flat in Riga, Latvia
118 sq.m322
Residence
Mercury Group
451 050 €
Flat in Riga, Latvia
200 sq.m322
Residence
For sale a 3-room penthouse apartment in a new project in Mezhapark.This apartment, located on the top floor, is unique for its impressive terrace, which overlooks the green surroundings of the Mezapark.There are 22 apartments with an area of 60-200 sq. m. The apartments are designed in a not exaggerated decorative manner, with respect for...
Angel Properties
1 490 000 €
House in Riga, Latvia
291 sq.m543
A historic private house for sale at 6 Emilia Melngaila Street, in the quiet center of Riga.
The building was built in 1934 by the order of the outstanding Latvian surgeon Pavils Mucenieks, and its author is Nikolas Nords, an Art Nouveau architect.
- land plot of 300 sq.m
- a three-storey private house with an area of 291.4 sq.m.
-...
Metropolis Riga
690 000 €
Flat in Riga, Latvia
178 sq.m433
Fully furnished townhouse in the prestigious River Breeze Residence project.
4-room apartment:
- Living area: 135.4 m2
- Terrace area: 42.6 m2
- High-quality finishing of the apartment
- Large living room and dining room with open kitchen have access to the terrace, 3 bedrooms, 3 bathrooms
- Equipped with mobile sockets, USB port and...
Metropolis Riga
350 000 €
Flat in Riga, Latvia
217 sq.m432
"Tomsona Terrases" - apartment with 3 bedrooms and 2 bathrooms.
Living area: 130 m2
Terrace on the south side: 57 m2, balcony on the north side: 30m2
Great view from the living room.
Large living room with kitchen and access to the terrace.
Wardrobe and pantry.
Individual heating meters.
Natural parquet floor.
At the...
Metropolis Riga
690 000 €
Flat in Riga, Latvia
660 sq.m23124
Residence
A manor with a log building and a second residential house in the territory. Well-maintained green area 15339 m2, paved driveway, fenced area, space for several cars, guarded area. Pool, sauna, showers. 8 rooms on the second floor. Large facade windows. Pond. Pellet heating. A good residential house with the possibility to separate it from the...
Habita International Estates Ltd
2 700 000 €
Flat in Riga, Latvia
2182 sq.m5
Residence
We offer for sale exclusive apartments in the Blue Sky Apartments project in Bierini.
The territory of the Blue Sky Apartments project includes half a hectare, which is intended only for the use of residents of the project, which makes it exclusive and as private as possible. There are only 5 buildings on the territory and only two apartments...
Mercury Group
450 000 €
Flat in Riga, Latvia
108 sq.m322
Metropolis Riga
250 000 €
Apartment in Riga, Latvia
150 sq.m643
2 apartments for sale with a common entrance door and a small corridor. Each apartment has a separate layout and door. Both apartments are spacious three-room apartments, 2 of which are bedrooms. Two bathrooms in one apartment, one bathroom in the other. Studio-type kitchen - together with the living room. There is a parking lot nearby. There is...
Habita International Estates Ltd
550 000 €
Apartment in Riga, Latvia
237 sq.m632
Residence
Renovated Jugendstil house, entrance and staircase. Fully furnished apartment with high-end finishes, beautiful kenzo stone tiles and all the necessary appliances for immediate occupancy. Two apartment entrances; Neighbors - quiet, businessmen and serious SIA companies; Fireplace, heated floors, air conditioner, controlled gas heating. Quiet...
Habita International Estates Ltd
590 000 €
Flat in Riga, Latvia
197 sq.m742
Residence
A stunning 4 bedroom apartment constructed to the highest standard situated on a respectable area in the centre of Riga on street Alberta with overall area of 197 square meters. Apartment is conveniently located on the 2nd floor of the 5- story building. The apartment consists of 4 bedrooms, large living room with fireplace, kitchen, guest...
Mercury Group
137 000 €
Apartment in Riga, Latvia
103 sq.m532
Exclusive apartment for sale in Ziepniekalni. In the new project. Comfortable and modern layout. Apartment on two floors, with wooden stairs, on which anti-slip composites are installed on each step. 5 rooms, 3 of which are bedrooms. A studio-type kitchen, which is separated from one side by the stairs and from the other by a half-wall with a...
Habita International Estates Ltd
412 000 €
Flat in Riga, Latvia
105 sq.m3
Residence
For sale beautiful and exclusive apartment in the center of Riga!
Residential complex Art Luxury House - a worthy example of the best real estate in Europe for people who are accustomed to luxury and are not going to live differently.
We offer a nice exclusive apartment in the most expensive place in Riga, the embassy district.
Near the...
Mercury Group
1 500 000 €
Flat in Riga, Latvia
145 sq.m6
Residence
Exclusive apartment in one of the most important architectural monuments in Riga, in the quiet center.
The apartment consists of a living room with a beautiful fireplace, three bedrooms, a kitchen with a dining room, three bedrooms. knots, wardrobe.
+In the apartment, it is possible to regulate the temperature in each of the rooms separately....
Mercury Group
1 500 000 €
House in Riga, Latvia
1384 sq.m67
Residence
A comfortable and elegant private house in Darziems is offered for sale.On the ground floor of the house there is a spacious living room with panoramic windows, a sitting area with a fireplace, a swimming pool, an office, a separate kitchen, a dining room, a cinema room, a guest bathroom, dressing rooms, utility rooms. On the second floor there...
VIP Real
62 000 €
Apartment in Riga, Latvia
54 sq.m211
Contact a Habita representative for more information about this facility.
Habita International Estates Ltd
257 000 €
Flat in Riga, Latvia
71 sq.m2
Residence
An apartment is offered for sale in the center of Riga, in the project "SKANSTES VIRSOTNES".The project is located in one of the most prestigious areas of Riga with developed infrastructure nearby.The apartment consists of a corridor, a living room combined with a kitchen, a separate bedroom, one bathroom and a large glazed terrace with a...
VIP Real
555 000 €
Flat in Riga, Latvia
216 sq.m32
Residence
For sale a unique 3-room penthouse apartment with the best panoramic view in Riga, located in the project "SKANSTES VIRSOTNES".The project is located in one of the most prestigious areas of Riga with developed infrastructure nearby.The duplex apartment is located on the upper floors of the building - on the 23rd and 24th.Convenient layout - a...
At the beginning of the XX century, Riga became the center of European Art Nouveau, which forms the face of the city. In the post-war years, typical Soviet buildings spread here. There is a lot of such housing in present-day Riga, it is often unpresentable, but cheap. In the past year, such housing has grown in price in the wake of high demand.
The most prestigious areas are considered to be Old Riga and the embassy district, also known as the Quiet Center. Due to the low price of the square, you can buy an apartment there even with a limited budget. In this case, it is worth focusing on tourist rentals. Also among the best districts of Riga are usually mentioned Mezaparks, Kipsala, Zolitude, Vecaki. Good sleeping areas include Imanta, Pļavnieki, Teika, Jugla, Ziepniekkalns.
After gaining independence, modern buildings are being erected in the capital of Latvia. Construction is also underway in the center: as a rule, architects carefully fit new buildings into historical quarters, so that they look like a modern variation on the theme of the same Art Nouveau.