Background

Invest in forest and agricultural land

A safe, tangible, and long-term profitable investment in Latvian property.

Let’s be owners of our land

Forest land

Forests cover more than 53% of Latvia’s territory – over 3.44 million hectares.

In the past 30 years, forest areas in Latvia have increased by 12%.

Approximately 47% of Latvian forests are owned by individuals, companies, and municipalities.

How much does forest land cost?

  • 5–10 years left until felling: €3,500–€4,500/ha
  • With timber ready for felling: €10,000–€18,000/ha

Why invest in forest land?

  • Tangible and stable property
  • Predictable long-term profit
  • Profit from felling or selling the property
  • Protection against inflation and market fluctuations

Currently, 1 hectare of forest land with 5–10 years remaining until harvesting costs 3500 EUR.
The average annual price increase is expected to be 14.8%.
Annual maintenance costs are approximately 100 EUR/ha.
The projected forest land value after 10 years is 15000 EUR/ha.

Agricultural land

Agricultural land brings independence and opportunities.

Latvia has 1.97 million hectares of used agricultural land, which is 30.5% of the potential agricultural area.

Agricultural land is a valuable resource for both use and long-term investment.

How much does agricultural land cost?

  • Quality agricultural land costs: €3,500/ha
  • Renting quality agricultural land: €150/ha

Why invest in agricultural land?

  • Stable long-term investment
  • Opportunity to develop a farm or lease the land
  • Land prices in Latvia are still relatively low
  • Protection against inflation and market fluctuations

Currently, 1 hectare of high-quality agricultural land costs 4500 EUR.
The average annual price increase is expected to be 7%.
The average annual rental income is 150 EUR/ha.
Annual maintenance costs are approximately 100 EUR/ha.
The projected land value after 10 years is 9000 EUR/ha.

Note: The data is for informational purposes. Results may vary depending on land quality, location, and market conditions.

Useful facts

  • Agricultural land in Latvia is still cheaper than in Estonia
  • Rental prices vary by region and are increasing
  • Agricultural land offers diverse development opportunities
  • Forests cover more than half of Latvia’s territory
  • Pines and birches dominate Latvian forests
  • Forestry is one of Latvia’s most important sectors
Ralfs Jānis Bērzkalns

My name is Ralfs

I can help you with any questions related to your real estate.

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