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Property deal statistics in Rēzekne municipality

Property deal data represent the activity related to real estate in any particular municipality in Latvia. They also show how favourable the economic climate for property trading is, in general, in the country. The data below provide an overview of the real estate market in Rēzekne 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 2 800.00 EUR.

One-room apartments

In 2017, 14 one-room apartment deals have been analyzed for the purposes of gathering property deal statistics in Rēzekne municipality. The most expensive apartment of this kind has been sold for 5 500.00 EUR, whereas the least expensive has cost 300.00 EUR. The average price of a one-room apartment was 300.00 EUR. Most of the apartments sold have had a price of about 300.00 EUR, and this is the value one can reasonably expect to encounter when dealing with real estate in the municipality.

The data for 2018 are based on 15 deals. The prices of apartments ranged from 100.00 EUR to 2 800.00 EUR, whereas the average price was 300.00 EUR. Most apartments have been sold for around 100.00 EUR.

The maximum price of a one-room apartment in Rēzekne municipality over time
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The minimum price of a one-room apartment in Rēzekne municipality over time
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The average price of a one-room apartment in Rēzekne municipality over time
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The mode price (the most frequently occuring price) of a one-room apartment in Rēzekne municipality over time
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Investing in real estate in Rēzekne municipality real estate

When considering investing in real estate, Rēzekne municipality emerges as a promising prospect within Latvia. Property deal statistics in Rēzekne 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 Rēzekne's real estate market is essential to make informed investment decisions.

Selling property in Rēzekne municipality

Rēzekne municipality is a part of vivid Latvian real estate market. For those considering selling property in Latvia, understanding the market nuances in Rēzekne 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. Rēzekne's real estate sector holds potential for those aiming to capitalize on their property investments.

Rēzekne 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 Rēzekne 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 Rēzekne property owners may find leasing to be a viable option to generate rental income. Similarly, Rēzekne'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.