+371 2547 2727(Latvia)
Looking for commercial property in Latvia with a steady income, but can’t find a suitable option?
Our database contains only the most relevant offers, including those that are not publicly available.
Why to invest in commercial property in Latvia?
This is a traditional tool to ensure the safety and steady growth of capital.
Evgeny Shikhman
The founder of Silver Fox, Chairman of the Board
- 16 years in real estate
- 15 years in banking
- entrepreneur since 1989
- postgraduate degree from the USSR Academy of Sciences
Some advantages of Latvia in comparison with other countries
- The real estate market is transparent and clear: any property can be checked in public databases.
- The system of registration of titles to real estate is well established.
- The languages of business communication are Latvian, English and Russian, which are spoken by the majority of the population.
- Non-residents of Latvia may obtain loans in Latvian credit institutions for the acquisition of real property; interest rates on loans are relatively low.
- Corporate income tax is lower than in other EU countries.
- Real estate tax is not calculated based on the purchase price, but based on the cadastral value of property that is usually lower than the market value.