What is the house price in Latvia (Riga)? Is it cost-effective to rent a house or buy a house?

As a developed country in the European Union, Latvia's per capita GDP in 20 18 years was 18089 US dollars, equivalent to nearly RMB130,000 yuan. Houses in the capital Riga are highly selective, ranging from 60,000 euros to 200,000 euros. In a 20-minute drive from Riga city center, you can buy a single-family villa of 130 square meters for 60,000 euros. In the area where international schools gather, 6.5438+0.5 million euros can buy an apartment with three bedrooms and two bathrooms. Compared with income, house prices are very low, so the life happiness index of local people is very high. The rent-to-sale ratio of local houses is relatively high, and a two-bedroom apartment can be rented at 800 euros per month. Our domestic customers mainly buy houses after immigration, after all, the total price is not high.