The most speculative prices in Latvia

The most speculative prices in Latvia

The most speculative prices on the real estate market in Latvia are in the forest estate sector and agricultural land, reports varianti.lv referring to the State Land Service.

Speculators actively buy and sell at highly inflated prices forest areas (speculative prices were recorded in 25% of all transactions) and agricultural land (17%). The greatest number of transactions with speculative prices has been recorded in Aluksne region (40% of the deals with forests and 30% of agricultural land).