Why invest in real estate in Jurmala?

Jurmala is the pearl of the Baltic region, attracting investors from all over the world. This resort town in Latvia is famous for its sandy beaches, clean pine air, mild climate and high standard of living.

Investing in real estate in Jurmala can be not only a reliable way to save capital, but also a source of stable income or an opportunity to have a summer house by the sea.

1. Prestige and demand
Jurmala is one of the most prestigious places to live and relax in the Baltic countries. Rich infrastructure, picturesque landscapes, as well as the status of an elite resort make real estate here especially popular among buyers and tenants with high incomes.

2. Stable real estate market
Jurmala's children's real estate market is one of the most stable in Latvia. Any economic or geopolitical upheavals have less impact on it than on other segments. This is primarily due to its natural attractiveness; a climate that is comfortable for children and seniors; as well as a reputation as a high-level resort and the prestige of owning real estate. People have come and will come here to live and relax, no matter what.

3. High rental potential
Jurmala's resort status guarantees high demand for rental housing. Real estate in Jurmala can be rented out at 4-7% per annum, while choosing a flexible rental period. You can rent out real estate for a long-term period, or short-term (usually in the high season from May to September) - so that you can use it at a time convenient for you, and rent it out the rest of the time.

4. The possibility of obtaining a residence permit at the lowest entry threshold
Investors who purchase real estate in Latvia for at least 250,000 euros can apply for a residence permit in the country, which provides additional benefits, including free movement throughout the Schengen area. Note that this is the lowest entry threshold in Europe! Read more about the conditions for obtaining a residence permit in Latvia here.

5. Developed infrastructure and ecology
The main advantage of Jurmala is the well-maintained Baltic beach and developed social infrastructure, including everything necessary for a comfortable and diverse life of high quality. The presence of well-maintained parks, the proximity of entertainment facilities, tennis courts, ice palaces and several international schools makes Jurmala one of the best places in Europe for the well-being of children. Read more about the best private and public kindergartens, schools and universities in Latvia here.

6. Predicted price growth
Thanks to the limited number of land plots (especially on the first lines to the sea) and strict building codes, the cost of real estate in Jurmala tends to increase. This makes real estate investments here especially profitable in the long term.

Conclusion

Investing in real estate in Jurmala is not only a reliable way to save and increase capital, but also an opportunity to enjoy a high quality of life in one of the most beautiful places in Europe. Due to stable demand, prospects for price growth and attractive conditions for investors, Jurmala remains one of the best options for purchasing real estate for both personal use and income generation.

Mercury Group has been operating in the Jurmala real estate market for over 20 years!
We provide our clients with a full range of services for the sale/purchase/rent of any real estate in Jurmala.
We also provide turnkey support for obtaining a residence permit when purchasing real estate in Latvia.
Our goal is to find the best possible solution for the client, based on their situation and objectives. The peace of mind and interests of our clients are our top priority.

Properties in Latvia

€ 650 000 House, For sale
ID: LV-173396 Latvia, Riga district, Babite
€ 600 000 Apartment, For sale
ID: LV-172741 Latvia, Jurmala and region, Dzintari
€ 540 000 House, For sale
ID: LV-172616 Latvia, Riga district, Garkalne
€ 988 000 Apartment, For sale
ID: LV-172322 Latvia, Riga, Centre
€ 990 000 House, For sale
ID: LV-172093 Latvia, Riga, Mezaparks
€ 2 300 000 Commercial apartment building, For sale
ID: LV-171489 Latvia, Riga, Centre

Special offers of real estate abroad

€ 720 000 Apartment, For sale
ID: LV-163935 Latvia, Riga, Centre
upon request Apartment, For sale
ID: LV-163139 Latvia, Jurmala and region, Bulduri
€ 2 800 000 Mansion, castle, estate, For sale
ID: IT-39-165406 Italy, Toscana, Siena
€ 6 500 000 House, For sale
ID: ES-248-170785 Spain, Costa del Sol, Marbella
€ 33 540 000 Penthouse, For sale
ID: OW-OAE-165616 UAE, Dubai, Dubai Marina
upon request House, For sale
ID: LV-1529 Latvia, Jurmala and region, Asari
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