Property deal statistics in Jūrmala municipality
Property deal statistics represent the activity related to real estate in any particular municipality in Latvia. They also show how agreeable the economic climate for property trading is, in general, in the country. The statistics below provide an overview of the real estate market in Jūrmala municipality
Residential property
Residential property is property primarily designed for living.
Apartment
An apartment (also a flat or a unit) is a self-contained part of a larger building (an apartment complex), designed to be fully functional by itself, as a single unit. In the last year the most expensive apartments have been sold for 546 400.00 EUR.
One-room apartments
In 2017, 183 one-room apartment deals have been analyzed for the purposes of gathering property deal statistics in Jūrmala municipality. The most expensive apartment of this kind has been sold for 816 485.00 EUR, whereas the least expensive has cost 290.00 EUR. The average price of a one-room apartment was 290.00 EUR. Most of the apartments sold have had a price of about 290.00 EUR, and this is the value one can reasonably expect to encounter when dealing with real estate in the municipality.
The statistics for 2018 are based on 169 deals. The prices of apartments ranged from 1 000.00 EUR to 546 400.00 EUR, whereas the average price was 290.00 EUR. Most apartments have been sold for around 1 000.00 EUR.
Investing in real estate in Jūrmala municipality real estate
When considering investing in real estate, Jūrmala municipality emerges as a promising prospect within Latvia. Property deal statistics in Jūrmala reflect the vitality of the local real estate market. For those interested in finding and buying property in Latvia, this municipality presents opportunities worth exploring. Whether you're looking for a residential property, an apartment, or a one-room apartment, understanding the specific dynamics of Jūrmala's real estate market is essential to make informed investment decisions.
Selling property in Jūrmala municipality
Jūrmala municipality is a part of vivid Latvian real estate market. For those considering selling property in Latvia, understanding the market nuances in Jūrmala is crucial. Sellers looking to maximize returns should pay attention to these fluctuations. By staying informed about the average price trends and the most frequently occurring prices (mode), property owners can strategically position their assets in this dynamic market. Jūrmala's real estate sector holds potential for those aiming to capitalize on their property investments.
Jūrmala municipality leasing opportunities and market
While buying and selling properties are key aspects of the real estate market, leasing properties also play a pivotal role in Latvia's overall economic landscape. Municipalities like Jūrmala offer attractive options for leasing property in Latvia. Whether you own residential property, apartments, or one-room apartments, leasing can provide a steady income stream. In Jūrmala property owners may find leasing to be a viable option to generate rental income. Similarly, Jūrmala's fluctuating property market can create opportunities for landlords looking to enter the leasing sector. Understanding local property deal statistics is essential for prospective lessors, to navigate these opportunities effectively.