Propertyshowrooms.com News - Estonia

Estonian House Prices are still robust

2017-09-13T09:00:00

In April this year, Global Property Guide reported that Estonia's house prices were surging again, fuelled by low interest rates, moderate to good rental yields and rising foreign demand. Despite weaker than anticipated economic growth, last year the country's price for an average apartment in Tallinn, the capital city, grew by 12% (or 9.54% inflation-adjusted), bringing the average square metre cost to 1,744 euros, according to OverHaus. This represented a considerably increase from the price growth of 3.87% seen in 2015. The trend of rising property prices is continuing this year.

Rising Estonian house prices 'must be stemmed'

2013-12-13T00:00:00

Rising Estonian property values must be stemmed to protect the overall economy, according to central bank governor Ardo Hansson. Speaking to Bloomberg, he explained that...

Estonian apartment demand fuelled by overseas buyers

2013-09-05T00:00:00

Demand for apartments in Estonia is being fueled by overseas buyers, according to a series of property experts. Taavi Reidmets, head of housing at Ober-Haus Kinnisvara, explained...

Estonian property foreclosures increase

2011-10-21T00:00:00

There has been a rise in the number of foreclosed properties coming on to the market in Estonia, it has been revealed...

Developers in Estonia take advantage of low build costs

2010-03-12T00:00:00

There could be a rise in the number of property investors heading to the eastern European market in Estonia, as developers take advantage of cheap construction costs.

According to Swedbank, numerous real estate developers are launching residential projects in the country thanks to a combination of stabilisation in the market and low costs....