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"cadastral value" · 9 results
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Cadastral values in Latvia have not been revised since 2007. A phased revaluation began in 2025 and runs through 2028. For most private forest owners this means a higher Real Estate Tax (NĪN). We walk through the mechanics with realistic scenarios.
When selling standing timber, the effective tax rate is 7.5%. When selling forest land, it's 25.5% on the capital gain. The difference comes down to one legal question: what exactly are you selling. We break down both regimes with worked examples.
A VMD record for a single compartment carries more than 25 cryptic short-coded fields. Without a key, the document is unreadable. This guide walks through a real example — cadastre 62720050379 in Padures parish — and shows how those codes turn into a euro figure.
Most Latvian forest owners lose money on tax not because of a high rate, but because they pick the wrong regime. Cirsma and kokmateriāli are legally distinct transactions with different deductions. Five real-world scenarios with numbers and statutory references.
On the Latvian private forest market, every second unprepared buyer falls into at least one pitfall: overpays, inherits someone else's obligations, loses access. Ten concrete categories of risk with instructions on where to find them before signing.
The calculator shows €100,000 standing, the buyer offers €58,000, and both are right. The gap between a theoretical valuation and a real transaction price is five concrete discounts. We break down each one with real numbers from a VMD sample.
Three sale channels with three different speed, fee and pricing profiles. A direct buyer closes in weeks, an auction in months, an owner-led sale across half a year. Price tracks that timeline.
The familiar narrative of a roughly even state-versus-private split does not match the VMD data. Measured by forest compartments, private ownership outweighs the state by a factor of 2.17. Within the private sector, concentration is extreme: the top 1% of owners hold 44% of the area. We break down ownership across 276,011 cadastres.
Textbooks say plant pine. Real VMD data on 117,000 mature private stands tells a different story: black alder on a 50-year rotation delivers the best NPV thanks to its short cycle, and pine only pays off in central Latvia and Kurzeme. A species-by-species breakdown of return per hectare.
