{"id":12889,"date":"2026-10-21T15:04:20","date_gmt":"2026-10-21T12:04:20","guid":{"rendered":"https:\/\/invego.lv\/?p=12889"},"modified":"2026-10-21T15:09:17","modified_gmt":"2026-10-21T12:09:17","slug":"invego-offers-to-buy-clients-old-home-when-purchasing-a-new-one","status":"publish","type":"post","link":"https:\/\/invego.lv\/en\/invego-offers-to-buy-clients-old-home-when-purchasing-a-new-one\/","title":{"rendered":"Invego offers to buy clients\u2019 old home when purchasing a new one\u00a0"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Real estate developer Invego introduces its \u201cNew for You, Old for Us\u201d concept for the first time in Latvia, helping buyers purchase a new home by arranging the sale of their existing property.\u202f<\/strong>\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe really want to make purchase of a new home easy and risk free. We see many families hesitating to move forward with their new home purchase, as they do not know when their current property will sell. This offer is to help them in their decision making,&#8221; says Invego CEO Kristjan-Thor V\u00e4hi&nbsp;and explains the process: &#8220;We agree on a buyout price in advance, and if the client hasn&#8217;t managed to sell the old property by the time the new home is ready to move in, we simply purchase the property ourselves.&#8221;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe concept has been very well received by home buyers in Estonia, where we introduced the offer few years ago. The response shows that many people want to buy a new home but find selling their existing property a challenge. The car industry has offered a similar solution for years &#8211; you bring in your old car and choose a new one. We are now bringing the same principle to real estate, helping buyers overcome this hurdle,\u201d adds Kristjan-Thor V\u00e4hi.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The offer runs until 15 December and is available to buyers choosing a new home in real estate projects Nordale, Tor\u0146akalna Terases, Parka Kvart\u0101ls, Miera Rezidences, Vide \u0100da\u017ei, M\u0101rupes Sirds, V\u012btolu Parks or Skanstes Rezidences. Clients can submit their existing residential property or land plot in Riga or nearby municipalities for assessment and an individual buyout offer.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To participate, buyers select a new home in one of the participating Invego developments and inform the sales team that they would like to use the offer. Invego specialists then inspect and assess their existing property before presenting a buyout proposal. Each offer is determined individually, considering the property\u2019s type, location, condition and other relevant factors.\u202f&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once the terms are agreed and contracts signed, the owner can first try to sell the old property on his own or choose Invego&#8217;s help to market the existing property. If no buyer is found by the agreed deadline, Invego buys the property itself and deducts the agreed amount from the new home\u2019s price. \u201cThe key is to plan the sale of the existing property and the purchase of the new home together. By agreeing on the process and buyout terms at the outset, we can help clients make their decision with a clearer understanding of how the move will work,\u201d points out Kristjan-Thor V\u00e4hi.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>About Invego\u202f&nbsp;<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Invego is a next-generation real estate developer operating in three countries, specializing in large-scale residential and commercial districts built with a forward-looking, integrated urban concept. With over 10 years of experience, the Invego Group encompasses more than 60 companies across Estonia, Latvia, and Portugal, and is currently managing nearly 30 different development projects.\u202fTo date, Invego has developed over 150,000 m\u00b2 of space, including 1,500 homes and more than 50,000 m\u00b2 of commercial premises. An additional 500,000 m\u00b2 of residential and commercial real estate is currently under development.\u202f The bonds of Invego Group O\u00dc and its subsidiary Invego Latvia O\u00dc are listed on the Nasdaq Baltic First North bond list.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Additional information:<\/strong>&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kristjan-Thor V\u00e4hi&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">E-mail: <a href=\"mailto:kristjan@invego.ee\" target=\"_blank\" rel=\"noopener\">kristjan@invego.ee<\/a>&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.invego.lv\/\" target=\"_blank\" rel=\"noopener\">www.invego.lv<\/a> &nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"Real estate developer Invego introduces its \u201cNew for You, Old for Us\u201d concept for the first time in Latvia, helping buyers purchase a new home by arranging the sale of their existing property.\u202f\u00a0 \u201cWe really want to make purchase of a new home easy and risk free. We see many families hesitating to move forward [&hellip;]","protected":false},"author":11,"featured_media":12878,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/posts\/12889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/comments?post=12889"}],"version-history":[{"count":1,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/posts\/12889\/revisions"}],"predecessor-version":[{"id":12890,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/posts\/12889\/revisions\/12890"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/media\/12878"}],"wp:attachment":[{"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/media?parent=12889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/categories?post=12889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/tags?post=12889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}