No abstract

The development of the real estate market contributes to the development of the national economy, thus creating a favourable investment climate for the investors. Increase in the level of the incomes of the inhabitants may increase the availability of housing in the country by fiscal and monetary policy instruments. The topicality of the paper is related to the need for analysis of the trends and prospects of the real estate market development of the Baltic States, as it has a high social meaning and has a high importance for market participants. The objective of the research is to analyse influencing factors and tendencies of real estate market development in Baltic States, and includes a comparative analysis of the residential property market in the Baltic States is conducted. The research methods used in the paper are statistical data analysis, historical and logical approach methods. The article focuses mainly on the housing market. It was concluded in the study that under the similar geographic and economic conditions in the Baltic States, the housing affordability index and real estate market development tendencies have many differences and success indicators are still varying.

Abstract. There exists sharp competition amongst nations regarding the increasing foreign investments; therefore, nations are willing to offer foreign investors and their families some type of political bonus, such as temporary residence permit, permanent residence permit, or even citizenship. The simplest way to entice investors is to offer them and their family members temporary residence permits in exchange for investments -simply by purchasing real property (via the so-called "Golden Visa" program). Such a program was launched in Latvia in 2010; however, significant limitations were placed on it in 2014. This research (1) compares the "Golden Visa" programs in different countries in the world, (2) determines the impact of the program on the real property market of Latvia, and (3) searches for the main reason why limitations were applied to the temporary residence permit program in 2014, which resulted in a significant decrease in the international investments in Latvia (this part of

Nowadays, more and more attention is being paid to the country's economy, construction industry and real estate market's sustainable development and to the studies related to these issues. The aim of the research is to analyse significant aspects of sustainable development of construction activities and real estate market, with particular focus on environmental aspects of construction or the role of green buildings. The research includes an integrated approach of construction industry analysis and analysis of real estate operations area. Scientific and practical solutions and recommendations will enable the industry participants to be introduced to the main sustainable aspects of construction industry development, which, in their turn, can improve the overall performance of the industry in the long term.

No abstract