Posts tagged as urban residential

Substantial funds are needed for the renovation of Latvian urban residential buildings

Sunday, February 7, 2021

The majority of Latvian urban residential buildings are built in the Soviet Union, and are increasingly ageing. Substantial funds are needed for the renovation of these buildings, but it is unlikely that these funds will be provided, according to Euranet Plus report February 5. In the Latvian real estate market, a problem which remains essentially unsolved is Soviet-time multi-apartment buildings. They are  increasingly ageing, but a relatively small proportion of them have…