barons

BB.lv: New cadastre: who should pay extra

As we speak, greater than 200 thousand buildings in Latvia stand on land owned by different homeowners, and they’re pressured to pay hire to them. Amongst them are greater than 3,600 condo buildings, a few third of them are in Riga. Just lately, the chance has arisen to “purchase out” from the barons, and with … Read more

How payments to land “barons” will increase in Riga

On April 18, the Seimas conceptually supported amendments providing that residents’ payments for the use of land that does not belong to them will gradually increase from 2025 for that part of apartment owners for whom a higher cadastral value will be established. We are talking, in particular, about apartment buildings that are located on … Read more