Investment · Riga Waterfront

From €170,000 to €250,888 — early buyers are already up —

How off-plan buyers in Riga Waterfront can profit before handover — without waiting to move in.

How it works
Market context

The Baltic market has momentum — confirmed by an independent source

Latvian house prices have been rising faster than the EU average. No one can promise where prices go next, and past growth is not a forecast — but the recent momentum behind the market is documented by Eurostat, not by us. That is the backdrop against which Riga Waterfront's launch pricing sits.

10.9%
Latvia · annual house-price growth
vs. EU average 5.1%
The model

How off-plan → assignment resale works

You don't have to wait until 2027 and move in to benefit. The idea is simple: enter early at the launch price, then hand your contract to a new buyer before completion.

1

Book now

Reserve a unit with a 20% down payment at today's launch price (€250,888 for a 1-bedroom).

2

Under construction

As the project is built, the price typically rises with each new phase release — the same way it moved from €170,000 to €250,888.

3

Before handover (End 2027)

You assign (resell) your contract to a new buyer at the then-current price — you never take ownership or pay the remaining 80%.

4

Your result

You profit on the price difference, having paid in only the 20% deposit — that's the leverage effect.

Launch price → today (1-bedroom)

€170,000
Launch
€250,888
Today
Early buyers are already up — on the listed price — before handover. Historical fact, not a forecast.
Leverage calculator

See the leverage effect for yourself

This is an illustrative scenario, not a forecast or guarantee. Actual resale prices depend on market conditions at the time of assignment and are not guaranteed by the developer or GELLART.

€
+15%
Resale price: €288,521 · illustrative only
You pay in now (20%)€50,400
Profit at assignment€37,800
Return on paid-in capital75%

This is an illustrative scenario, not a forecast or guarantee. Actual resale prices depend on market conditions at the time of assignment and are not guaranteed by the developer or GELLART.

The honest part

Assignment conditions

Assignment (resale of contract) is permitted under the Eagle Hills purchase agreement. Exact conditions — including developer consent requirements and minimum paid-in percentage — are confirmed individually with your sales consultant before booking.

Good to know

If you keep the apartment

If you choose not to assign the contract, you simply pay the remaining 80%, take ownership, and rent the apartment out. Completed units target an estimated rental yield of around 4–6%, so the property keeps working for you either way.

Buying property in Latvia is no longer grounds for a residence permit — that route was abolished on 15 September 2026. Full answer below ↓

Does buying an apartment in Riga Waterfront give me Latvian residency?
No. Latvia's new Immigration Law took effect on 15 September 2026 and abolished the temporary residence permit based on the purchase of real estate. Buying property in Latvia is no longer grounds for a residence permit. Applications filed on or before 14 September 2026 were examined under the previous rules.

The investment routes that currently exist are unrelated to real estate: an investment of at least €150,000 in a state-designated alternative investment fund plus a €10,000 payment to the state budget (permit up to five years), or €50,000–€100,000 in the share capital of a company plus the same €10,000 payment (permit for two years).

We are a real estate sales partner, not immigration advisers. For your own situation, consult a Latvian immigration lawyer or the Office of Citizenship and Migration Affairs (PMLP).
What is contract assignment?
Assignment means transferring your off-plan purchase contract to a new buyer before the building is handed over. You exit at the then-current price without ever paying the remaining balance or taking ownership. It is permitted under the Eagle Hills agreement, subject to the conditions confirmed with your consultant.

Ready to see the numbers on a real unit?

Get the current price list, the 20/80 payment plan, and a walk-through of the assignment option for the units available now.