Latio

What Latio does

Latio is a full-service real estate agency headquartered in Riga, Latvia, founded in 1991. Operating as SIA "LATIO," the company provides brokerage, valuation, market analysis, auction management, and surveying coordination services across residential, commercial, forest, and agricultural property categories. It serves both private individuals and business clients, with 150+ employees distributed across 12 offices in major Latvian cities including Riga (headquarters plus four branches), Jūrmala, Daugavpils, Ogre, Sigulda, Jelgava, Tukums, Talsi, Liepaja, Jēkabpils, and Valmiera.

The company's product portfolio spans residential and commercial brokerage, certified property valuation, real estate market research, auction services (notably the exclusive PNB Banka distressed-asset platform), forest and agricultural land services via the Latio Meži sub-brand, international property referrals to Portugal, Spain, Italy, Cyprus, and the UAE, rental property supervision, and digital tools including a rent-vs-buy calculator and new-developments portal. Latio partners with Metrum for land surveying and uses Latvian State Land Service address data. No proprietary technology, AI/ML systems, or algorithmic platforms are described — the offering is fundamentally a people-intensive, transaction-driven service business.

Latio's revenue model is overwhelmingly transaction-fee-based: commissions on residential and commercial sales/rentals, professional-services fees on valuation reports, and commissions on auctions and forest/agricultural land transactions. First consultations with transaction managers and certified valuers are provided free of charge, with fees levied only upon successful transaction completion. The company is privately held, has no disclosed external funding or parent company, and operates as a horizontally segmented full-service agency with dedicated vertical sub-brands.

Name

Latio

Legal name

Sabiedrība ar ierobežotu atbildību "LATIO"

Website

https://latio.lv

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

Latio is a Latvia-based full-service real estate agency, founded in 1991, providing brokerage, certified valuation, market analysis, auction management, and forest/agricultural land services through 12 offices and 150+ employees across the country.

Ownership category

akta.pro rank

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices15 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Residential property brokerage: Commission-based brokerage services for residential property transactions (buying, selling, renting). Fees are charged upon successful completion of a property transaction. First consultations with transaction managers are provided free of charge.
2. Commercial property brokerage: Brokerage services for commercial properties including offices, retail spaces, warehouses, industrial facilities, and hotels. Commission-based model with fees charged upon transaction completion.
3. Real estate valuation: Valuation services for residential, commercial, forest, and agricultural properties, delivered by certified valuers. Fees are charged for valuation reports.
4. Market analysis and research: Market analysis services providing research and data insights to clients and investors. Published as part of the service offering and through the Latio Meži subsidiary's Rural Property Market Index.
5. Forest and agricultural land brokerage: Specialized brokerage and valuation for forest properties and agricultural land, managed through the Latio Meži subsidiary. Also includes property portfolio transactions.
6. Auctions and price inquiries: Auction and price inquiry services, including the management of PNB Banka property auctions. Commission or fees charged on auction completions.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Latio is a full-service real estate agency in Latvia offering brokerage of residential and commercial properties, real estate valuation and market analysis, auction services (including for PNB Banka), forest and agricultural land brokerage through its Latio Meži division, rental property supervision, and international real estate services. The company operates from 12 branch offices across Latvia with more than 150 employees and has served the market continuously since 1991.

Product overview

Latio is a full-service real estate company in Latvia offering a comprehensive suite of property services. The portfolio includes core brokerage services for residential properties (apartments, houses, land), commercial properties (offices, retail, warehouses, industrial), and specialized services for forest and agricultural land. The company operates several sub-brands: Latio Meži for forest and agricultural land brokerage with market indices; Latio Izsoles for auction services including PNB Bank properties; and a Rent or Buy Calculator for financial decision-making. Additional services include valuation, market analysis, investment advisory, international real estate (Portugal, Spain, Italy, Cyprus, UAE), and rental property supervision. The company has 12 offices across Latvia and has operated since 1991.

Differentiator

Problem solved

Functional benefit

Brands

• Latio Meži & Lauksaimniecības Zeme: Forest and agricultural land valuation and brokerage services division
• Latio izsoles

Products and services

• Residential Property Brokerage Listing, marketing, and intermediation of apartments, houses, and residential premises for sale and rent across Latvia through 12 branch offices and the latio.lv portal. Targets private individuals buying or selling residential property.
• Commercial Property Brokerage Brokerage of commercial real estate including office, retail, and warehouse premises for companies, investors, and developers. Includes acquisition, sale, and lease representation.
• Real Estate Valuation Certified property valuations delivered for private clients, investors, banks, and other institutions requiring formal appraisal of real estate assets.
• Market Analysis Real estate market studies, trend reports, and transactional analyses supporting investors, developers, and other institutions in decision-making.
• Real Estate Auctions Organized auction of residential, commercial, and bank-owned properties (including auctions on behalf of PNB Banka), delivered via the dedicated auction portal izsoles.latio.lv.
• Latio Meži Forest and Agricultural Land Brokerage Specialized brokerage of forest and agricultural land across Latvia, operated under the Latio Meži brand via mezi.latio.lv. Targets land owners and investors in rural real estate.
• Rental Property Supervision Management and oversight of rental properties on behalf of property owners, covering tenant relations, rent collection, and maintenance coordination.
• New Developments Listings Marketing and brokerage of newly built residential and commercial projects, connecting developers with buyers and tenants.
• International Real Estate Services Real estate services covering cross-border transactions in Portugal, Spain, Italy, Cyprus, and the UAE, delivered through Latio's international partner network.
• Investment Advisory and Portfolio Services Advisory on real estate investment opportunities and management of real estate portfolios for institutional and private investors.

Named customers1 record

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered supporting and significant.

• Metrum (land surveying services)supportingImplementation/ SI/ Consulting PartnerLatio partners with Metrum (metrum.lv) to provide land surveying and spatial planning services as part of its comprehensive property transaction offering. Metrum is an external partner providing specialized surveying services that complement Latio's core brokerage and valuation services.
• PNB BankasignificantStrategic or Co-development PartnerLatio operates the PNB Banka property auction platform (izsoles.latio.lv), managing the liquidation of PNB Banka's real estate assets following the bank's restructuring. This includes properties in Latvia and Ukraine. The partnership involves managing exclusive auction listings for bank-owned properties.
• Valsts zemes dienests (State Land Service of Latvia)supportingOthersLatio uses data from the State Land Service's Address Classifier and address register on its website. This is a regulatory/data relationship where Latio integrates official government land and address data into its property listings.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Colliers International: Colliers is a global commercial real estate services firm with Baltic operations providing brokerage, valuation and investment advisory; it overlaps with Latio's commercial brokerage and valuation lines but operates at much broader international scale.
• Cushman & Wakefield: Cushman & Wakefield is a global real estate services firm with Baltic presence offering brokerage, valuation and capital markets advisory; comparable to Latio in commercial services but operating as part of a much broader global platform rather than a domestic specialist.
• CBRE: CBRE is the world's largest commercial real estate services firm with offices across the Baltics; it competes with Latio for institutional commercial mandates, large portfolio transactions and valuation work but at a global rather than Latvia-only scale.
• Sotheby's International Realty: Sotheby's International Realty is a global luxury real estate network with affiliates in Latvia and the broader region; comparable to Latio's high-end Jūrmala and exclusive-offerings business but positioned as a premium global brand rather than a full-service domestic agency.

Regional players

• Arco Vara: Arco Vara is a publicly listed Baltic real estate group headquartered in Estonia, providing brokerage, valuation, property management and development advisory across the Baltics — comparable to Latio in service breadth but primarily serving Estonia rather than Latvia.
• ERI Kinnisvara: ERI Kinnisvara is a long-established Estonian real estate agency offering brokerage, valuation and management services across the Baltics; comparable to Latio in service model and longevity but primarily serving the Estonian market.

Direct peers

• RE/MAX Latvia: RE/MAX Latvia is a franchised residential and commercial brokerage operating in the same Latvian market as Latio, competing for the same agents, listings and clients under a global brand — the most direct franchise-style competitor to Latio's traditional agency model.
• Ober-Haus: Ober-Haus is a long-established Baltic real estate services group operating across Estonia, Latvia and Lithuania with brokerage, valuation, advisory and property management — directly comparable to Latio's full-service agency model and its strongest domestic competitor in Latvia.
• Domuss Nekustamie Īpašumi: Domuss is a Latvian real estate agency offering residential and commercial brokerage, valuation and property management in the same domestic market as Latio, directly competing for local listings and clients.

Emerging players

• City24: City24 is a leading Baltic real estate classifieds portal covering Latvia, Estonia and Lithuania; comparable to Latio as a listing-discovery channel for buyers and sellers, but operating as an online portal/marketplace rather than a full-service agency.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/latiorealestate
• YouTubeyoutube.com/channel/UCJCMfCN2rSeIXpreWBba7jw
• Facebookfacebook.com/LatioRealEstate
• LinkedInlinkedin.com/company/latio
• Instagraminstagram.com/latiorealestate

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Latio