HEPSOR’S DZIRCIEMS PROJECT NEARLY SOLD OUT
Hepsor’s Ķiršu Kalna Mājas residential development in Rīga’s Dzirciems neighbourhood has reached the roof-raising stage, with 92% of apartments already reserved. The project reflects strong demand for low-rise housing with greenery and privacy, offering a suburban lifestyle within the city. Completion is planned for spring 2027.
Source: Hepsor Latvia
PROJECTS
MIGLA WINS FIRST PRIZE IN STATION SQUARE DEVELOPMENT COMPETITION
The MIGLA proposal, designed by NOONSOON and Nemoralis, has been awarded first prize in the competition to transform Rīga’s Station Square. The concept envisions a new public gathering place with cafés, a rooftop garden and an hourly mist installation designed to improve the square’s microclimate and create a more inviting urban environment.
Source: NOONSOON and Nemoralis
PROJECTS
RĪGA’S SERIAL APARTMENT PRICES REMAIN AT 2006 LEVELS
By October 2026, Rīga had recorded 3,626 transactions involving serial apartments, accounting for nearly half of all residential property deals. Prices have increased by 5–7% since January but remain at approximately the same level as in 2006. Over the same period, average salaries have grown 4.5-fold, highlighting the long-term difference between housing price and wage growth.
Source: Latio
DATA
NEW TRANSPORT BRIDGE TO OPEN ON KUNDZIŅSALA
A new transport bridge connecting Kundziņsala with Rīga’s road network is scheduled to open to traffic on November 1. The €82.6 million infrastructure project will improve access to Rīga Port and provide an additional route for freight and other vehicles. The bridge will also feature a pedestrian and cycling path, lighting and a marked lane for runners.
Source: Riga City Council
TRANSPORT & INFRASTRUCTURE
RĪGA’S QUALITY OF LIFE INDEX HITS A SEVEN-YEAR HIGH
Rīga’s quality of life index has reached 72 out of 100 points in 2026, its highest score since measurements began in 2019. According to the municipal survey, 85% of respondents are satisfied with living and working in the city. Satisfaction with local sports and recreation opportunities has also increased.
Source: Riga City Council
DATA
NEW €30 MILLION RESIDENTIAL QUARTER PLANNED FOR JELGAVA
Developer Angern is planning Miita, a residential quarter worth €30 million that will bring 250 apartments to Jelgava across five six-storey buildings. The development will include landscaped green spaces, a fruit and berry garden and shared recreation areas. The first apartments are expected to be completed in autumn 2027.
Source: Dienas Bizness
PROJECTS
TALLINN’S NEW-HOME MARKET ACTIVITY RISES 7%
Activity in Tallinn’s new-build housing market increased by 7% year-on-year during the first nine months of 2026, with reported sales reaching €35.8 million. According to developer Endover, buyers are increasingly choosing spacious apartments with access to green spaces and shared amenities, including those moving from detached houses to apartment buildings.
Source: Endover
DATA
VILNIUS ALLOCATES €1.5 MILLION TO SPORTS PROJECTS
Vilnius is increasing its funding for sports initiatives to €1.5 million in 2027, compared with €1.35 million in 2026. The budget will support free physical activities, community sports events and professional competitions. Of the total funding, €1 million is earmarked for free public exercise sessions and training programmes.
Source: Vilnius City Municipality
NEWS
SALASPILS TO GAIN 896 NEW HOMES IN HOLME RESIDENTIAL QUARTER
Estera Development has begun work on Holme, a residential quarter in Salaspils that will eventually comprise 16 apartment buildings with a total of 896 homes. The first building will offer 56 apartments, with 20% already reserved. The development is designed by Tectum, while construction is being carried out by Bukoteks.
Source: BLBS
PROJECTS
