Forest land prices in Latvia

Where most forest is sold

The municipalities (novadi) with the most registered forest deals in the last 24 months. Each links to its Latvian page with every deal.

How we count

• Every number comes from the deal records of the State Land Service of Latvia (VZD): registered sales of properties with forest.
• We leave out very small plots and prices that cannot be real, then take the median € per hectare over every remaining deal — one computation for Latvia.
• A municipality gets a median of its own only with at least 20 deals; fewer deals are too few to say.
• A sale reaches the register weeks to months after it happens, so the latest months still fill in. The price is for the whole property — the land and its trees.

Questions

How much does forest land cost per hectare in Latvia?

€3,442/ha is the median price of forest property in Latvia: 7,375 deals registered by the State Land Service (VZD) in the last 24 months, the newest on 6 Oct 2026. The middle half of the deals sold for €1,773–€5,077/ha. A given forest's price depends on its stand (the trees on it), its area and access.

Where in Latvia are the most forest deals?

In the last 24 months: Krāslavas novads — 632 deals, median €3,333/ha; Rēzeknes novads — 609 deals, median €3,314/ha; Augšdaugavas novads — 402 deals, median €2,795/ha. A municipality with fewer than 20 deals gets no median of its own here: too few deals to say.

Is this the price of the land or of the forest with its trees?

Of the whole forest property as it was sold — the land and the growing stand together. A property with mature trees sells for more than one that was felled recently.

Why can the latest months look thin?

A sale reaches the State Land Service register weeks to months after it happens, so the latest months still fill in. The newest deal in this data is dated 6 Oct 2026.

Where does the forest land data come from?

From the deal records of the State Land Service of Latvia (Valsts zemes dienests, VZD): registered sales of properties with forest. We leave out very small plots and prices that cannot be real, and take the median € per hectare over every remaining deal of the last 24 months — one number for Latvia, and one for each municipality with at least 20 deals.