Property for sale in Estonia
Estonia is one of the most active countries on digital innovation for a long time but also about market of property for sale.
Tallinn is a city suspended between yesterday and tomorrow, with a historic centre, declared Unesco Heritage, crystallized in past centuries and the rest of the capital projected towards the future of a hyper connected town.
Estonia is also, among the Baltic countries, the first nation in the real estate segment. For the seventh consecutive year, the Estonian real estate market shows positive results, with sustained demand, an effervescent development activity and low vacancy rates.
The most dynamic market of property for sale in Estonia is around Tallinn and up to 25 km outside the capital, which sees about 2,000 new units on the market each year. Thanks to the increase in prices, the turnover of the residential sector grew, even if the transactions for properties for sale in Estonia remained stable compared to 2016.
The most expensive area is that which is distributed in the medieval alleys of the old city, divided in Higher and Lower part, connected by Jalg Pikk and Ialg Lühike roads. A lively but relaxing centre, full of shops and some luxury boutiques, along Viru street, refined and innovative restaurants next to the characteristic taverns.
In the luxury areas of Pirita and Rocca, on the seaside prices are between 2,500-2,900 Euros for homes built in the last 12 years, but the new achievements are much more expensive
The main foreign buyers for property for sale in Estonia are Finns, followed by Swedes, Norwegians, Russians and some American customers
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