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New Direction - Property Buyout in Riga and Jurmala

New direction - real estate buyout in Riga and Jurmala

If you own an apartment in Riga or Jurmala that you want to sell but cannot come here - contact us!

We will free of charge assess the condition of your property and determine its real market value.

We will also calculate the taxes that may arise from the sale - taking into account your specific situation.

To determine the value, we use the "Cenubanka" database - a reliable source used by all professionals in the Latvian market.

"Cenubanka" reflects statistics of real transactions for the selected period (for example, for 1-2 years), the price per square meter and the total transaction amount. An archive of listings is also maintained, which allows you to view photos of comparable properties.

Why is selling to a company more profitable than selling to an individual?

Selling a property to a Latvian company provides significant tax savings compared to selling to an individual (if your transaction is subject to income tax).

Example:

If an apartment was purchased for 20,000 €, and is now being sold for 40,000 €:

  • Sale to an individual (Latvian citizen), tax is up to 25.5% of profit, that is, (40,000 € - 20,000 €) × 25.5% = 5,100 €.
  • Sale to a Latvian company, 3% is withheld from the full sale price, that is, 40,000 € × 3% = 1,200 €.

Savings - 3,900 €.

Legal clarity and remote format

Our company's lawyer will: develop a safe payment scheme (we also have the ability to transfer funds to third countries) and provide complete transaction support.

If you cannot come to Latvia - you can execute a power of attorney (we will advise you on how to do it correctly) and send it by courier.

The transaction will be beneficial for both parties:

You - will quickly and without unnecessary bureaucracy receive the funds.

We - will reliably invest in a property with growth potential.

Contact us - we will conduct a preliminary calculation and offer you the optimal purchase scheme.

We work professionally, remotely, with complete legal support!

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Have questions? We are waiting for your email or call!

Phone number: +371 29774775 (Viber, WhatsApp)

Email: info@kominvest.com

Tell us what you need to resolve

We start with a short consultation and suggest a clear next step.