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Property Guide Latvia5 februari 2025 om 16:10

Latvian real estate

The process of renting Latvian real estate ('renting' as in 'paying money to the owner of a property in exchange for the right of use', not renting out your own property) overlaps with the process of buying, but is generally not as complicated. The question of finding a property remains exactly the same - please refer to the previous chapter.

What differs are the documents needed. When renting a piece of real property, no matter its type - residential, commercial or industrial - a renting contract (īres līgums or nomas līgums in Latvian; there is a difference in these two terms, but in daily conversations they are often used interchangeably) is signed, and it becomes the basis for any interaction between the renter and the tenant.

Leasing real property
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