According to the Statistics Estonia, a total of 2449 non-residential spaces have received construction permits in Estonia in 2010. Compared to the previous year, the number of construction permits decreased by 11%. Year-on-year, this is the fourth consecutive drop, following…
As noted in an earlier post, the third quarter of 2010 showed no signs of recovery in the construction sector, at least if figures released by the Estonian statistical office are anything to go by. According to data released by…
According to real estate portal kv.ee, residential offer prices in Estonia, following a plateau where prices remained static, have seen a sudden increase, as reported on Tõnu Toompark’s blog. Kv.ee‘s own index of real estate prices shows a level of…
According to real estate portal kv.ee, residential offer prices in Estonia, following a plateau where prices remained static, have seen a sudden increase, as reported on Tõnu Toompark’s blog. Kv.ee‘s own index of real estate prices shows a level of…
Real estate experts say that a new construction boom is about to start in Tallinn and will soon create an oversupply in apartments. In Tallinn alone, about 14,000 new apartments are either already being built or have been approved in…
Here at Tallinn Property we tend to focus on the real estate market in the capital. After all that is where our name derives from! Nevertheless, just to show we don’t completely overlook the rest of the country, we are…
The land registry in Estonia has reported that 2010 saw some 41 608 real estate deals for the whole of Estonia, according to Tõnu Toompark’s blog. This figure was apparently roughly divided equally between land sales and apartment ownership sales. Worth…
The land registry in Estonia has reported that 2010 saw some 41 608 real estate deals for the whole of Estonia, according to Tõnu Toompark’s blog. This figure was apparently roughly divided equally between land sales and apartment ownership sales.…
The recent adoption of the Euro in Estonia has not led to an immediate rise in residential real estate prices, according to Tõnu Toompark’s blog, adaur.ee (in Estonian). Citing real estate portal KV.ee’s own index for residential real estate prices,…
The recent adoption of the Euro in Estonia has not led to an immediate rise in residential real estate prices, according to Tõnu Toompark’s blog, adaur.ee (in Estonian). Citing real estate portal KV.ee’s own index for residential real estate prices,…
The introduction of the Euro to Estonia on 1 January took place quite smoothly and with no major mishaps. Cash machines were closed from midday on 31 December, 2010 until the stroke of the new year 12 hours later, which…
The Association of Real Estate Firms disagrees that there is a massive need for new apartment buildings to replace the Soviet-era blocks, the life-span of which is said to come to an end in 20 years. The statement was made…
Real estate expert Tõnu Toompark noted in the real estate market overview on the first quarter of 2010 that during this period of time, 663 dwellings were granted permits of use, writes LETA/Postimees Online. This is by 11% more than…
Swedbank kavatseb sellel aastal Baltimaades ligi 5 miljardi krooni eest kinnisvara kokku osta, ka SEB on kindel, et nende portfell tänavu kasvab. Swedbanki esimese kvartali aruandest selgus, et panga probleemse kinnisvaraga tegelev tütarfirma Ektornet prognoosib, et aasta lõpuks kasvab varade…
Estonian real estate expert Tõnu Toompark writes in Pealinn that homes sold by people who have developed financial problems are often acquired by speculators. According to Toompark, most houses and apartments foreclosed by banks for loan defaults are not sold…
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