Investments | Riga Real Estate Invest Consult Renovate
Investments

Over the past fifteen years our investment consultants have accumulated an extensive professional experience dealing with real estate and now continue providing the following services:


1) Finding the real estate that’s just right for you. We will:

  • look at your criteria for suitable real estate, take into account your preferences and possibilities;
  • organize a viewing of a real estate you’ve set your eyes on and a meeting with its owners;
  • carry out a factual analysis and check a background of a real estate you’ve shown interest in;
  • represent you and your interests while dealing with a seller (or landlord/ lessor etc.) of a real estate;
  • agree on terms and conditions for a transaction, particularly in cases where a real estate is burdened or mortgaged;
  • organize and coordinate all the necessary efforts to cut a deal;
  • as necessary, have the lawyers of RRE delving into the legal matters;
  • if appropriate, seek the assistance of the credit brokers of RRE;
  • represent you in relations with all offices, authorities and officials involved in a transaction.

2) Sale/ Rent/ Commercial lease of your property. We will:

  • survey your real estate and determine the best price if put on a sale;
  • look at and take into account your terms and conditions, and preferences for a procedure;
  • develop with your close participation a plan of sale and advertising;
  • represent you and your interests in relations with potential buyers of your real estate;
  • look at and assess an actual purchase potential of your property buyers;
  • set up and manage all the procedures involved in a conclusion of a transaction;
  • if necessary, utilize a legal counsel of RRE;
  • act as your agent when mediating with all offices, government institutions and officials required to conclude a transaction.

 

 

 

Design services

Professional designer with an extensive experience to improve your real estate


Development of interior design projects:

  • apartments and private houses;
  • guesthouses and hotels;
  • offices and logistics centers;
  • restaurants and cafes;
  • shops.

Interior design would include technical drawings and specifications required during a construction or major improvements on specific premises.


Process of interior design:

  • meetings with a client, discussion of concepts and preferences;
  • measurements of an object or work according to technical drawings of an architecture department if construction has not yet commenced;
  • production of cost estimates for an interior design and negotiations with clients regarding terms and conditions of a prospective contract;
  • development of a preliminary design and its adjustment/ approval with and by a client;
  • development of specifications and their adjustment/ approval with and by a client;
  • creation of visualization and its adjustment/ approval with and by a client;
  • delivery of a design project;
  • architectural/ designer supervision;
  • interior decorating.


Services when there is no need for a full-fledged interior design project:

  • on-site consultations;
  • consultations in a store or showroom;
  • production of individual specifications and technical drawings.

 

 

 

 

 

 

 

 

 

 

 

 

Fundraising

Transactions with real estate often involve lending of funds. To find a solution most appropriate for your situation, to save your time and spare you all the troubles of having to deal with numerous formalities the professional credit brokers of RRE:

  • provide comprehensive counsel on credit institutions and loans, conditions to secure these loans and the best offers at a time such advice is given;
  • develop a plan for you to secure a loan that would be appropriate for your situation and needs of funding;
  • prepare a package of documents to be filed with a bank/ savings and loan company;
  • work with you to fill in a loan application for a bank/ savings and loan company;
  • represent your interests during negotiations and any communication with a bank/ savings and loan company;
  • assist you in assessing loan proposals to select the most convenient for you;
  • when necessary, assist in issuing a loan secured by Riga Real Estate.

 

Management

Our team of real estate managers assists in managing and improving your property to ensure maximum profits while saving your time and effort.


Services provided:

  • lease of residential and commercial property having selected a bona fide prospective tenant/ lessee;
  • legal support to conclude a contract of residential/ commercial lease with maximum protection of your interests;
  • supervision over an execution of a contract concluded;
  • payment of utilities;
  • surveying of real estate as well as organization of minor repair work;
  • production of monthly reports on income/ expenses and work done;
  • arranging a cleanup of premises when necessary;
  • making sure the property is duly insured;
  • filing an annual declaration of income received by the owner through rental payments.

All of the aforementioned services are available for a fixed monthly fee from EUR 35,00 - EUR 50.00.


While pursuing the real estate business for over ten years we have developed a special algorithm to screen and select tenants/ lessees for the purpose of providing our clients with a stable cash flow and ease of mind as regards a careful and considerate use of their property as well as prevention of any deterioration of their real estate.

If you would like more information about your property, contact us.

 

Legal support

Riga Real Estate lawyers provide advice and explanations on a wide range of legal real estate related issues.

Our services:

  • legal research of property or due diligence – identification of owner, history of obtaining ownership rights, encumbrances, structure of the property in life and “on paper”, possibilities of utilization, legitimacy of construction/rebuilding, necessary consent and procedures for dispossession;
  • preparation of the property dispossession and purchase agreements (incl. several languages) of any type and degree of complexity;
  • preparation of rent and lease agreements;
  • amendments of the contracts proposed by the other party of the transaction and representation in the transaction;
  • submission of an apartment re-planning and rebuilding for approval;
  • consultations on the taxes payable on sale or lease / rent of the property;
  • legal accompaniment / collateral of the transaction.

If the customer buys our proposed property or sells one’s own property through us, all the services mentioned above are included in the property sales commission.

 

Legal accompaniment / collateral of the transaction:

In case you have found your dream property by yourself or there is  a new potential buyer of your property, Riga Real Estate will provide a quick, convenient and secure drafting of all the necessary documentation. The services mentioned below are included:

  • legal reasearch of the property chosen or due diligence;
  • elaboration of an optimal transaction process and coordination with the other party of the transaction;
  • unlimited number of consultations on the nuances of the transaction;
  • preparation of a deposit agreement;
  • preparation of documents for getting a loan;
  • obtaining the necessary consent from a spouse, a creditor, the third party or the municipality;
  • preparation of powers of attorney, arranging their legalization and translation process;
  • verifying having no debts of utility payments;
  • elaboration of a secure purchase/ sale contract;
  • well organized signing of documents of the transaction - meetings at a bank and a notary at any time convenient for clients;
  • preparation and signing of a property act of delivery and acceptance;
  • during all the meetings you will be personally assisted by a professional specialist;
  • a surprise gift!

To have business negotiations held, we offer the premises in the very center of Riga. By your choice, we will arrange delivery and receipt of the required documents to the Land Register and the other institutions to save you time.

Trust us! Service fee 1-2% of the transaction amount and we will ensure a secure transaction designing!

* Standard transaction price. Prices may vary depending on specification of the transaction.

Your benefits:

  • Your interests will be represented by professionals carrying out all the formalities on your behalf, thus saving a lot of your time;
  • You will avoid having unnecessary payments, work absence and surplus payments;
  • immediate answers to all of your questions will be provided;
  • You will get a full and updated document review of your future property;
  • You will have a private real estate specialist available 24/7 for the transaction time;
  • designing process guided by a professional assistance will be a quick and convenient one.

 

Residence permits

Riga Real Estate was one of the first companies in Latvia who started offering foreign investors a full range of services and support to obtain residence permits by investing in the country.

Since 2010 when changes were introduced into the immigration law of the Republic of Latvia, we have assisted more than 500 of our clients in receiving the resident status in the European Union. Thanks to the experience thus gained we are now capable of providing the services of the highest quality. We sure know what is being expected of us.


For your convenience we can offer the following:

  • careful selection of an investment object with a comprehensive information on this object forwarded to your address for consideration prior to your arrival in Riga;
  • we are doing business with all real estate companies in Latvia as well as private individuals and banks which allows us to filter down the best bargains;
  • processing formal invitations, booking accommodation and meeting you at the airport;
  • detailed information on the real estate market in Latvia, a progress of a transaction to take place and a potential to rent out the property, the tax laws and other issues you may a concern of;
  • viewing of selected properties with transportation provided in a company of an experienced and internationally certified real estate agent;
  • full legal support of a transaction to purchase the property of your choice;
  • preparation and organization to file the necessary documents for receiving a residence permit;
  • management of the investment object you’ve purchased while ensuring a positive cash flow.


Additional benefits provided by Riga Real Estate:

  • to make an investment and obtain a residence permit you will need to visit Latvia only twice for a period which won’t exceed three days each time;
  • we pay particular attention to a search of a property suitable for investment, the verification of a legal status of such property and the precise execution of documents in accordance with requirements of the Latvian immigration legislation;
  • we will also provide assistance in getting a residence permit when other type of investment is made in the Republic of Latvia.

 

Investments

Over the past fifteen years our investment consultants have accumulated an extensive professional experience dealing with real estate and now continue providing the following services:


1) Finding the real estate that’s just right for you. We will:

  • look at your criteria for suitable real estate, take into account your preferences and possibilities;
  • organize a viewing of a real estate you’ve set your eyes on and a meeting with its owners;
  • carry out a factual analysis and check a background of a real estate you’ve shown interest in;
  • represent you and your interests while dealing with a seller (or landlord/ lessor etc.) of a real estate;
  • agree on terms and conditions for a transaction, particularly in cases where a real estate is burdened or mortgaged;
  • organize and coordinate all the necessary efforts to cut a deal;
  • as necessary, have the lawyers of RRE delving into the legal matters;
  • if appropriate, seek the assistance of the credit brokers of RRE;
  • represent you in relations with all offices, authorities and officials involved in a transaction.

2) Sale/ Rent/ Commercial lease of your property. We will:

  • survey your real estate and determine the best price if put on a sale;
  • look at and take into account your terms and conditions, and preferences for a procedure;
  • develop with your close participation a plan of sale and advertising;
  • represent you and your interests in relations with potential buyers of your real estate;
  • look at and assess an actual purchase potential of your property buyers;
  • set up and manage all the procedures involved in a conclusion of a transaction;
  • if necessary, utilize a legal counsel of RRE;
  • act as your agent when mediating with all offices, government institutions and officials required to conclude a transaction.