Jūrmala: an elite resort for living and relaxation

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- Find your perfect home in beautiful Jūrmala!
- Real estate market in Jurmala: variety of neighborhoods, prices, prospects
- Choosing real estate in Jurmala: prices, purchasing process, services from VIP Real Real

Find the perfect house in Jurmala
This is not an easy task and requires a careful approach. Real estate experts advise finding a balance between your desires and real possibilities. Defining your goals and preferences is a top priority for those looking for housing in this beautiful resort city.
Priorities when choosing a home
For most buyers, the location of the house and its quality are the top priorities. If it's important to choose a specific area to live in, one must be prepared for potential renovation work on the property. On the other hand, if the interior of the home is more important, then it’s advisable to focus on areas that offer more options and flexibility.
It is important to remember that the purchase of a good house by the sea in the center of Jurmala at a low price is practically impossible impossible.
Areas of Jūrmala for real estate purchase
Majori and Dzintari
These are areas with well-developed infrastructure, numerous restaurants, and beaches that attract tourists. Residents choose this part of the city to be closer to urban life. In Dzintari, there is a cozy park and many cafes, making it appealing for families with children.
Bulldogs
Quiet and peaceful neighborhood with few residents where you can enjoy privacy and comfort.
Lielupe
The most prestigious and expensive area of Jūrmala, where wealthy people live. Here you can find large houses on spacious plots of land. The most luxurious and prestigious homes, symbolizing the luxury and comfort of seaside living, are located on Rotas and Birznieka Upisha streets.
Final choice
The final choice of housing in Jurmala should be thoughtful and based on a compromise between your desires and available options, in order to find the best property with a convenient location and high quality.
Jūrmala is a unique resort in Latvia.
Jurmala is a popular resort in Latvia, located on the picturesque coast of the Gulf of Riga. The city is famous for its clean waters, wide beaches and healing thermal springs, attracting tourists from all over the world. tourists from all over the world.
The diversity of neighborhoods and their characteristics
In Jurmala, there are many different neighborhoods, each with its own unique features and atmosphere. In the central part of the city, real estate prices are significantly higher compared to more remote areas like Dubulti, Melluzi, Asari, and Vaivari, where housing is more affordable. However, properties on the first line can be expensive in any area.
The impact of railway lines on the real estate market
Another important characteristic of the geography of Jūrmala is the presence of railway tracks that divide the city into two parts. Housing located beyond the railway and closer to the forest areas is not as popular among foreign buyers and renters. This results in property prices in these areas being significantly lower than those on the first line by the sea.
Changes in real estate prices real estate prices and prospects
In the past year, real estate prices in Jurmala have changed somewhat, approaching market values. The average price per square meter in new buildings has decreased from around €5000 to €3000. It is worth noting that real estate market representatives believe that prices in Jurmala have already reached their peak, and no further decline is expected.
The modern real estate market in Jurmala
Currently, the cost of apartments in the center of Jūrmala, but not on the first line, starts at €2500 per square meter.
Characteristics of housing in Jūrmala
- The area of two-bedroom apartments varies from 60-70 square meters in outlying areas and from 90 to 250 square meters in the center.
- The average "starting" price for apartments in the center of Jūrmala will range from €250,000 to €300,000 and above.
- Small apartments with an area of 46 square meters in the outskirts of Jūrmala can be purchased for €120,000 and up.
Choosing real estate in Jurmala
When choosing real estate in Jurmala, it is important to consider various market segments. Prices can vary depending on the location of the property - from €250,000 for a ready-made house outside the city center to €650,000 and above for properties in the center by the sea. There are also options for houses in need of renovation; for example, you can purchase a 160 sq. m house with a plot of land for €190,000.
Purchasing process
Buying real estate in Jurmala is a simple and safe process. Transactions are conducted through an escrow account or a notary, which minimizes risks for the buyer. When purchasing property for a certain amount, for example, starting from €250,000, the buyer can apply for a residence permit in Latvia and pay a one-time tax of 2%. However, to obtain the residence permit, an additional 5% of the purchase amount must be paid as tax.
Housing maintenance
An important aspect when choosing real estate in Jurmala is also the maintenance costs of the property. The cost of servicing 1 square meter of living space usually ranges from €0.7 to €2.5, including utilities.
VIP Real
The company VIP Real, which specializes in the rental and sale of elite housing in Jurmala, received the Golden Award in the category "Best Real EstateAgency in Latvia" at the Homes Overseas Russian Awards. They have been one of the key players in the market since 2004 and actively influence its development by setting new trends.
Thus, Jurmala remains an attractive destination for purchasing real estate, both for vacation and permanent residence. Its elite status, appealing infrastructure, and favorable microclimate make this resort desirable for many. Thanks to its transport accessibility, high level of service, and a wide range of leisure opportunities, Jurmala attracts buyers from all over the world. Real estate prices at the resort are always fluctuating, so by waiting a bit, you can acquire property under more favorable conditions. However, when buying a home, it is important to consult professionals to avoid mistakes and ensure the security of the transaction. Remember that purchasing property in Jurmala is more than just buying real estate; it is an investment in a quality life.
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