Tallinn apartment prices rise faster than wages
The real estate company Kinnisvaraekspert reported that between 1999 and 2003, the prices of block apartments in Tallinn grew an average of 20% per year while incomes grew by around 10% a year. Causes are identified as greater availability of loans and the fall of interest rates.
Examples :
Apartment for rent, 5 rooms 09-11-2004 EEK 15 000.00
Harjumaa, Tallinn, Kesklinn, Karu 11, 5 room, 5/5, apartment ownership, 140 m², renovated, electric stove stove, phone, washing machine, cable TV, Internet, fireplace, parquet, packet windows, furniture, refridgerator, bath, sauna, central heating, steel door, front door locked, TV-set, shower.
Apartment for rent, 1 room 29-10-2004 EEK 10 000.00
Harjumaa, Tallinn, Kesklinn, Viru Keskus, 1 room, 10/10, apartment ownership, 43 m², stone house, built in 2004, all brand-new, phone, refridgerator, washing machine, cable TV, Internet, lift, parquet, packet windows, furniture, open kitchen, TV-set.
Apartment for rent, 2 rooms 03-11-2004 EEK 9 500.00
Harjumaa, Tallinn, Kesklinn, Tatari/Sakala, 2 room, 4/9, apartment ownership, 81 m², stone house, built in 2003, all brand-new, electric stove, phone, refridgerator, cable TV, Internet, lift, parquet, packet windows, furniture, furnishing possibility, shower, bath, sauna, toilet room and bathroom separate, central heating, steel door, frontdoor locked.
EUR 1.00 = EEK 15.64664
For a very "Personal touch". The best apartments and houses, not only in Tallinn, but all over Estonia are here. Do inquire at http://shaan.typepad.com (E-mail : [email protected]).
Please do note that anyone is free to comment, but please do not include your URL to get free publicity ! Or your comments may be taken away .. !
Posted by: Shaan | December 06, 2005 at 09:57
If anyone is looking for apartments for rent (buy) in Tallinn (for short or long term),turn to Erel Group www.erel.ee. They offer accomodation in serviced apartments.
They have an amasing choice of residences, and give good service.
www.erel.ee (4 residences)
www.sakalaresidence.ee
Posted by: Erel Group AS | November 20, 2005 at 18:43
If anyone is looking to buy an apartment in Tallinn, then they will some time to view all the options. There are some amazing deals but they obviously are not always quick or easy to find. We know the market becuse we rent low cost modern apartments in Tallinn (see www.apartment.ee) and would be happy to help point people in the right direction regrading buying.
All the best
K
www.apartment.ee
Posted by: Kätlin | October 31, 2005 at 12:22