Should I buy or rent a home in Riga?

If you have not spent a lot of time in Riga, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"Buying a home in Riga can be a great investment, as the city is growing in popularity and the real estate market is booming. Riga is a vibrant city with a rich cultural heritage, and it offers a great quality of life. However, it is important to consider the cost of living in Riga, as it is higher than in many other parts of Europe. If you are looking for a more affordable option, renting a home in Riga may be a better choice. Rental prices are generally lower than buying, and you can find a variety of rental options to suit your budget. Additionally, renting gives you the flexibility to move around and explore different parts of the city," explained one expat living in Riga, Latvia.

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