Apartments located in Latvia can earn gross rental yields ranging from 4.15% to 11.68%, with a national average of 8.06% in Q2 2024, up from 7.81% in Q3 2023, according to research conducted by the Global Property Guide.
Riga: Apartments offer an average rental yield of 8.47% in Q2 2024.
Jurmala: Rental yields averaged 7.66% over the same period.
Both the European Commission and the IMF expect Latvia’s economy to expand by 1.7% this year, mainly driven by increased household purchasing power supported by real wage growth, higher public investment, and stronger external demand.
Source: https://www.globalpropertyguide.com/