Full support of real estate transactions
From finding the dream property to getting the keys: end-to-end support at every stage of buying and selling real estate
Published: December 2025 | Reading time: 11 minutes
Buying or selling property in Latvia is a complex process with many steps: from searching and document checks to registration and organizing renovation. It is especially hard for those living abroad or unfamiliar with local laws and market specifics. That’s why I offer a full real estate transaction support service—comprehensive assistance at every stage that turns a stressful process into a comfortable journey to your new home.
With over 20 years in real estate and renovation in Riga, Jurmala, and the Riga region, I have completed dozens of deals for clients from different countries. In this article I explain what full support includes, how it works, and why it is profitable.
What “full support” means
Full support of a real estate transaction is a turnkey service that covers every stage from the first call to the moment you get keys to a move‑in ready flat or house.
What’s included:
- Property search to your criteria and budget
- Viewing organization — I go with you and professionally assess each property
- Legal due diligence of the property and documents
- Condition assessment and calculation of required renovation cost
- Negotiations with the seller on price and terms
- Drafting and review of the purchase agreement
- Bank support for mortgage (if needed)
- Appraisal organization for the bank
- Presence at notary signing
- Land Book registration
- Utility transfer
- Planning and organizing renovation (if needed)
- Supervision of renovation works
- Handover “under key”
Effectively, you get a personal manager who takes all the hassle and leads you hand‑in‑hand from start to finish.
Who needs full support
You live abroad
If you are in another country and cannot travel often to Latvia, full support is the ideal solution. I handle everything: from search and viewings to renovation control. You only need to come 2–3 times: for final viewing, notary signing, and renovation handover.
You are buying for the first time
Your first purchase is exciting. Without experience it’s easy to overpay, buy a problematic property, or miss legal risks. An experienced specialist helps you avoid all pitfalls.
You are buying for investment
Investors need numbers: yield, payback, risks. I calculate cash flow, help choose the best districts and formats, and set up renting afterward.
You are selling and want maximum price
I will prepare the property, highlight its benefits, arrange professional photos, and negotiate to get the best price.
Steps of full deal support
The process is broken into clear stages.
1Kick-off and brief
What we do:
- Meet in person / video / phone
- Discuss your requirements
- Define budget and timing
- Discuss financing options (cash, mortgage)
- Sign a support agreement
Time: 1 day
2Property search
What we do:
- Study the market and shortlist matching options
- Analyze listings on all major portals (ss.lv, city24.lv, etc.)
- Use my network with agents and developers
- Pre-check legal cleanliness via databases
- Pre‑view promising options
- Prepare a selection with descriptions, photos, and my notes
Time: 1–4 weeks (depends on criteria and market)
3Viewings
What we do:
- Arrange convenient viewings
- Go with you to each viewing
- Professionally assess condition
- Reveal hidden defects and issues
- Estimate renovation cost
- Advise on layout potential
- Check district infrastructure
- Talk to neighbors/HOA to learn about the building
Time: 1–3 weeks
4Legal due diligence
What we do:
- Order Land Book extract
- Check encumbrances and arrests
- Review property history
- Verify seller’s title documents
- Check outstanding utilities
- Verify any replanning approvals
- Engage a lawyer for deep check if needed
Time: 3–5 days
5Negotiations
What we do:
- Analyze market value
- Negotiate price reduction
- Agree deal terms
- Discuss handover dates
- Arrange extra inspections if needed
- Negotiate furniture/appliances inclusion
Time: 3–7 days
On average I reduce price by 3–7%. On a €100,000 property that’s €3,000–7,000 saved.
6Financing (mortgage)
What we do:
- Help choose the best bank
- Collect documents
- Submit mortgage application
- Attend bank meetings with you
- Organize appraisal
- Help obtain approval
Time: 2–4 weeks
7Purchase agreement
What we do:
- Draft the contract (or review seller/notary draft)
- Align all deal terms
- Verify all data correctness
- Coordinate with bank (if mortgage)
- Explain every clause to you
Time: 3–5 days
8Signing and registration
What we do:
- Book notary appointment
- Go with you to the notary
- Assist with translation if needed
- Attend contract signing
- Control payment transfer
- Submit documents to the Land Book
- Receive the registered contract
Time: 1 day + 5–10 days for registration
9Utilities transfer
What we do:
- Transfer electricity, water, gas contracts
- Arrange waste removal
- Transfer internet/TV (on request)
- Close previous owner debts (if any and accounted in price)
Time: 3–7 days
10Renovation planning
What we do:
- Detailed inspection of the property
- Develop renovation concept
- Prepare detailed estimate
- Create work schedule
- Select materials
- Propose layout options (if replanning needed)
Time: 1–2 weeks
11Organizing and supervising renovation
What we do:
- Select proven crew
- Sign construction contract
- Purchase materials (or control purchase)
- Coordinate replanning approvals if needed
- Regular site checks (2–3 times a week)
- Control deadlines
- Resolve issues on the fly
- Photo reports for you
- Accept work at every stage
Time: 1–6 months (depends on scope)
12Final handover
What we do:
- Conduct final inspection
- Fix punch list items
- Arrange post‑renovation cleaning
- Hand over together with you
- Deliver all documents and keys
- Assist with furnishing if needed
Time: 3–5 days
Cost of full support
The cost depends on task complexity and scope. I use flexible payment options.
Payment options
Option 1: Percentage of property price
| Property price | Percent | Service cost example |
|---|---|---|
| Up to €50,000 | 4–5% | €2,000–2,500 |
| €50,000–100,000 | 3–4% | €1,500–4,000 |
| €100,000–200,000 | 2.5–3% | €2,500–6,000 |
| Over €200,000 | 2–2.5% | from €4,000 |
Option 2: Fixed per stage
| Service | Price |
|---|---|
| Search and viewings | €500–800 |
| Legal due diligence | €200–350 |
| Deal support (from negotiation to registration) | €800–1,200 |
| Mortgage assistance | €300–500 |
| Renovation supervision | 5–10% of renovation budget |
Option 3: Turnkey package
Includes all stages from search to completed renovation.
- Flat up to 50 m²: from €3,500 + 5–8% of renovation budget
- Flat 50–80 m²: from €4,500 + 5–8% of renovation budget
- Flat over 80 m²: from €5,500 + 5–8% of renovation budget
- Private house: individually, from €6,000
*Final cost is set after discussing your task. Custom terms possible.
Why it pays off
At first glance support seems like an extra expense. Let’s count the real benefit.
Example: Buying a flat for €80,000 with €25,000 renovation
Support cost: €3,000 (deal) + €2,000 (renovation supervision) = €5,000
Your savings thanks to support:
- Negotiation: price cut by 5% = €4,000
- Refusing a problematic property: hidden defects would cost €8,000 to fix — you didn’t buy it
- Renovation savings: proper planning/materials = €5,000
- No rework: quality control avoided €3,000 of mistakes
- Time saved: you got the flat 2 months earlier, returned to work sooner
Total benefit: €12,000 minus €5,000 service = €7,000 net saving
Plus peace of mind and confidence in the result.
Planning to buy property in Latvia?
20+ years on the Riga, Jurmala, and Riga region markets. I take all the hassle — from search to turnkey. First consultation is free!
Discuss your projectPhone / WhatsApp: +371 22182410
Real cases
Case 1: Family from Germany buys in Riga
Task: Family with two kids working in Germany wanted a flat in Riga to move in a year. Budget €120,000, district Agenkalns or Plavnieki.
What I did:
- Shortlisted 12 properties
- Pre‑viewed all
- Organized top‑5 viewings in one day (weekend trip)
- Chose a flat for €125,000 in Agenkalns
- Checked legality, found small utility debt
- Negotiated down to €118,000 (debts included)
- Arranged mortgage in Swedbank
- Closed the deal, registered Land Book
- Organized cosmetic renovation for €18,000
- Delivered turnkey in 3.5 months
Result: They visited only 3 times (viewing, notary, handover). Saved €7,000 on price. Support cost €4,200.
Case 2: US investor buys rental flats
Task: Investor wanted 1–2 rentals. Budget up to €60,000 per unit, yield at least 7%.
What I did:
- Analyzed rental market by districts
- Picked best-yield options
- Bought two flats: Plavnieki for €48,000 and Purvciems for €52,000
- Organized cosmetic renovation in both
- Found tenants before completion
- Signed lease agreements
- Set up automatic utility payments
Result: Both give 8.2% annual yield. Client never came to Latvia—done remotely. Support cost €3,800 for both.
Case 3: Young couple buys first flat in Jurmala
Task: Young family from Riga dreamed of a flat in Jurmala. Budget €70,000, ready for renovation.
What I did:
- Found a flat in Dzintari (Soviet building) for €58,000
- Estimated renovation ~€22,000
- Total €80,000 slightly above budget
- Negotiated price to €54,000
- Helped get mortgage on good terms
- Developed renovation plan for coastal climate
- Optimized estimate — €19,500
- Supervised works, delivered in 3 months
Result: They got the Jurmala flat within €73,500 vs initial €80,000. After renovation it values €95,000–100,000. Support cost €2,800.
Additional services
Beyond core support I offer:
Rental management
- Finding tenants
- Tenant screening
- Lease agreement
- Flat condition control
- Handling tenant issues
Price: 10% of rent
Helping sell property
- Market price assessment
- Prep recommendations
- Pro photography
- Listing placement
- Viewing organization
- Buyer negotiations
- Legal support of the deal
Price: 3–5% of sale price
Residence permit via property purchase
- Consult on requirements
- Select qualifying property (from €250,000)
- Help gather documents
- Support the residence permit process
Price: individually, from €2,000
Important about Latvian law
Since 2025 updated rules for foreigners apply:
- EU citizens can buy without restrictions
- Non‑EU citizens need a permit
- For residence permit: property from €250,000 (Riga/Jurmala) or €300,000 (outside Riga)
- Property tax is mandatory: 0.2–3% of cadastral value yearly
I will guide you through all legal nuances and paperwork.
FAQ
Do I need to be in Latvia the whole time?
No. With full support you come 2–3 times: final viewing (optional), notary signing (mandatory), and renovation handover (recommended). I handle the rest.
Can I trust you with money matters?
All payments go through official channels — bank transfers, notary escrow. I don’t take cash. If needed we sign a notarized power of attorney for specific actions.
What if I don’t like the crew?
I work only with proven contractors. If you’re unhappy, we change the crew. My job is your satisfaction.
Do you guarantee renovation quality?
I control quality at all stages. Contracts include a work warranty (usually 2 years). If issues arise during the warranty, the crew fixes them for free.
What if the deal fails?
Payment is stage-based. If a deal falls through not through your fault, you pay only completed stages. If after viewings you decide not to buy, you pay only for search and viewings.
Can I order only part of the services?
Yes. You can take just search, only deal support, or only renovation control. Modular services—you pay only what you need.
Conclusion
Buying property and renovating are complex and time-consuming. Full support lets you get the result without stress and wasted time. You pay for the service but save several times more through correct decisions, negotiation, quality control, and no mistakes.
In 20+ years on the Latvian market I have completed dozens of successful deals for clients from many countries. I know all the nuances of the local market, law, and specifics of Riga and Jurmala districts. I work in your interests; my goal is your satisfaction.
Contact me now for a free consultation:
Phone / WhatsApp: +371 22182410
Email: p.ohrimenko@gmail.com
Let’s discuss your project and how I can help!