Latvia’s Agricultural Land Is Quietly Becoming a Business Powerhouse
A Land-Rich Country with Room to Grow
Latvia has one of the highest ratios of agricultural land per capita in the European Union. Roughly 35% of the national territory is agricultural land, amounting to nearly 2 million hectares.
Over the past decade, the market has matured – but not overheated. According to the Central Statistical Bureau of Latvia, the average price of agricultural land has increased by more than 160% since 2010, with recent averages reaching €4,000 per hectare.
At the same time, the number of farms has decreased by over 50%, while the average farm size and leased land per operator have steadily grown. This consolidation trend is a sign of a market moving from fragmented ownership to structured, commercially viable scale – a shift Baltic Terra is designed to accelerate.
Why This Market Attracts Investment Now
Latvia’s agricultural appeal rests on five key fundamentals:
- Consistent land appreciation with headroom for further growth
- Access to EU subsidies through the Common Agricultural Policy (CAP)
- Strong demand for leased land from professional operators
- Transparent, EU-compliant land registry system
- Rising interest from municipalities and forestry landowners to divest non-core parcels
Combined, these factors make Latvia not just land-rich, but return-ready – especially for investors operating through fund structures that can scale access and manage complexity.
Autors: Publicity photo
The Baltic Terra Strategy: Turning Structure into Return
The Baltic Terra fund doesn’t speculate on farmland – it builds productive positions by acquiring, repositioning, and operating land assets within Latvia’s most promising regions.
The team sources land through partnerships with private landowners, forest landholders (offloading non-forestry parcels), and municipalities. These connections give Baltic Terra pre-market access to strategically located land, often at below-market pricing and with cleaner titles than auctioned properties.
Once acquired, the fund focuses on: Reclassifying land (where needed), Preparing parcels for cultivation or lease, Leasing to vetted agricultural operators, Managing the full legal, environmental, and subsidy compliance process.
This strategy generates returns from long-term yield and capital appreciation, not asset flipping.
“Latvia’s agricultural land is moving into its next chapter – and we’re not watching from the sidelines. Baltic Terra exists to turn overlooked land into institutional-quality assets. Our strategy is clear: we acquire smart, manage tight, and grow long-term value,” Jānis Lezdiņš, CEO, Baltic Terra.
Looking Ahead: A Market Still in Its Early Phase
While agricultural land in Latvia is already appreciating, it remains priced far below comparable EU markets. In countries like Germany or Denmark, average farmland prices can exceed €25,000/ha – more than six times higher than in Latvia. This suggests significant headroom, particularly as more land enters formal lease systems and EU-compliant operations.
Baltic Terra is positioned at the center of this evolution – giving investors a seat at the table through a structured, fund-based model with regional sourcing and full asset management built in.
The land is there. The opportunity is growing. The structure is in place.
Baltic Terra invites investors to join the next stage of Latvia’s agricultural rise with confidence.
