It is precisely this category of housing prices is the most demanded. However, such a sum into an a

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The most expensive real estate in Latvian acquired in exchange for a residence permit was paid 1 million 194 thousand. These transactions have been three. Mostly residence pretenders invariably estimated value of my home CIS citizens, but also observed a new trend - real estate, we started to buy Chinese citizens. But while experts fixed the foreigners from the newly acquired residence permits already going to refuse, on Sunday informed LNT broadcast "Top10". Aliens "brings to life" the real estate market
In order to obtain a residence permit, Latvian injected amount invested almost two years since this option allows Immigration Law, reached nearly 200 million, the bulk of them - nearly 140 million - invested directly in real estate.
Company Support Board Aigars Zarins broadcast "Top10" admits: "I estimated value of my home like Real Estate Association representative can tell you that most of the real estate business is viable only because of this law, the following permissions. Around 200 million - they do not disappear, it is an export product! We sell property to foreigners, but the money stays here. "
Also "Real Estate Jurmala Igor Daņiļevičs representative is of the opinion that the changes to the Immigration Act were once accepted "the right time", the Latvian were at the very bottom of the economic crisis estimated value of my home and the money will not flow outside reality here was spent on the site. "On average, the money that we have analyzed estimated value of my home have gone loan redemptions," he added.
As heralded broadcast, estimated value of my home residence permits are becoming more coveted. The demand for them has grown rapidly during the past year. Initially, since the opportunity arose, they were 30 applications per month. Now, from 70 to 90th December last year to reach a record - 100 requests in one month.
At the moment of investments already issued more than 2,500 residence permits. Demanded and the reason for residence permits for prayer estimated value of my home is a real estate purchase. In exchange for a residence permit for themselves and their family members who are spouses and minor children, purchased 947 real estate.
The purchased property location is mainly Jurmala, Riga and Greater. But not smādēti the Latvian regions, although there's little interest. The minimum amount to be invested in the property, there are 100 thousand - that the Riga planning region or in the main cities, but outside these areas - 50 thousand.
It is precisely this category of housing prices is the most demanded. However, such a sum into an alien now no longer possible. Couples only left large areas of the apartments much higher prices. Other sold out.
"Therefore, those who came to this country and looking to meet these minimum standards, leaving back. Investors will not buy low-quality estimated value of my home apartments in the bedroom - it is not the product estimated value of my home of what is required. But those who are willing to spend more - 200 to 300 thousand, they can find a decent property, "he said Colliers International Representative Dennis Kairāns. This applies to both the housing market in Riga.
If it is a resort city, then there customers have even more disappointing. The market as a more active, but it is difficult to satisfy the customer. Aliens Jurmala estimated value of my home house prices seem astronomical. They believe that the price does not reflect quality.
Daņiļevičs explains that out of 100 customers, only 5% have no limit on spending for housing, while the vast majority, or 70% of the transaction estimated value of my home in Jurmala are willing to devote 300 to 400 thousand euros and the amount wants to buy 100 square meters of new flat, which would be a fully furniture, multiple bedrooms, and a necessary condition - proximity to the sea. But the client's dream apartment costs twice as expensive - 500 to 600 thousand euros.
"I believe that prices have been overestimated by at least 30%. To pass something to a time when we will see who is right. I believe that the market must be alive, and I think that i