This article was published in the news media.
InRento is continuing its international growth and has officially entered the Latvian market. According to B. Preikšaitis, COO of InRento, the choice of Latvia was not based on geographical proximity, but on the country’s rapidly evolving real estate sector and unique investment opportunities.
“Latvia offers a very different dynamic compared to Lithuania. In Riga, unlike Vilnius, it is still relatively easy to acquire entire buildings in prime locations such as the Old Town and surrounding districts. This creates particularly attractive conditions for investors seeking higher-yield opportunities,” says B. Preikšaitis.
Why Latvia?
One of the key advantages of the Latvian market is the price-to-yield ratio. While short-term rental prices in Riga are comparable to those in Vilnius, the purchase price of real estate is significantly lower – sometimes by multiples. This pricing gap enables investors to secure properties in sought-after districts while maintaining strong income potential.
For example, hotel and apartment nightly rates in Riga’s Old Town are similar to Vilnius, yet acquisition costs for entire buildings are much more accessible. According to B. Preikšaitis, this creates a powerful opportunity to generate high rental yields at comparatively lower entry costs.
Investor Confidence and Diversification
The move into Latvia reflects InRento’s broader strategy of providing investors with geographically diversified opportunities across Europe. InRento has already offered investments in Lithuania, Poland, Italy, Ireland, and Spain, with the latter markets seeing record investor demand – some projects raising over EUR 1 million in just a single day.
“Investors are increasingly seeking well-structured international projects with tangible assets and predictable returns. Our entry into Latvia is a strategic step that aligns with our vision of offering high-quality opportunities in markets with strong fundamentals,” adds COO of InRento.
Value Creation Potential
Acquiring whole buildings in Riga’s central districts provides not only stable rental yields but also strong appreciation potential. As Riga continues to modernize and attract both tourists and businesses, demand for centrally located accommodations is expected to grow. This combination of lower acquisition costs, solid rental demand, and long-term capital appreciation makes the Latvian market particularly attractive for buy-to-let and conversion projects.
About InRento
InRento is the largest licensed buy-to-let crowdfunding platform in the European Union, operating since 2020.
European FinTech Awards recognised the company as the leading financing technology in Europe in 2025. In 2024 and 2022, InRento was recognised as the best investment technology in Europe.
InRento's activities are licensed and supervised by the Bank of Lithuania. Investing involves the risk of losing some or all of the amount invested, so it is recommended to diversify your investments and evaluate them responsibly.
