Property Investment
You've been looking at investing abroad
Well Latvia has the right conditions
A growing economy GDP - 8.1% in 2005 and in the first quarter of 2006 the Bank of Latvia reports an incredible GDP of 13.1% - they say caused largely by real estate, renting and business activity High capital growth Western style business environment - easy to do business Financial stability - aiming to join Eurozone in 2008 - now 2010! 30 year low interest/ 2 years interest only mortgages for foreigners Excellent transport links to the rest of Europe - Low cost flights from UK Low wages by EU standards - but rising! Low percentage of mortgages to populationWith the benefit of hindsight - if you had had the opportunity to buy property at a sensible price in central London 20 years ago what would you have done?
Riga the capital of Latvia is presenting similar opportunities now!
If you seriously want to know more check out Riga Property Services
