Buying real estate in Latvia is one of the most important financial decisions a buyer can make. Therefore, it is essential to understand not only the property price, but also the transaction structure, financing method, and potential risks. In this guide, we explain the main financial models for acquiring property in Latvia — purchasing with own funds, using a mortgage loan, using an escrow account, acquiring a mortgaged property, buyout arrangements, and deferred payment structures. RELIVE’s approach helps buyers structure the transaction safely, understand the flow of funds, and make an informed decision before purchasing property in Riga, Jurmala, the Greater Riga area, or elsewhere in Latvia.