According to a survey by real estate firm Ober-Haus, the average price per square metre in Tallinn apartments fell 2.6 percent in December to 1,036 euros.
This is the fourth month in a row that the average apartment price per square metres has been falling.
The company said that although the number of offers on the market has been falling recently, the trend should stop because of growing utility costs such as heating that is forcing people to seek cheaper housing.
A typical buyer today is seeking a smaller and more energy-efficient apartment. New apartments are mainly bought by people who are regarding them as an investment.
The Ober-Haus Price Index is based on the public statistics of the Land Board and covers all Tallinn districts plus Tartu, Pärnu, Jõhvi and Narva.
Toomas Hõbemägi
It's true typical buyers of today's young generation seeks for apartments for rent. I Want to buy a haus landed house as well as affordable price.
http://www.haus-at-serangoon-garden.com/
Posted by: Martinvebber.wordpress.com | August 30, 2012 at 09:37
Yes I think it is indeed true that typical buyer of today's generation seeks those apartments for rent and sale which are smaller and energy-efficient apartment, as well as affordable one. These people see to it that these things will give them comfort as heat increases and that their income is small enough to accommodate all their needs and wants. Whether penthouse apartment or not, what's important is that those apartments satisfies one's need and preference.
Posted by: Penthouse Apartment | June 14, 2012 at 09:52