Baino Estates LLC experts suggest small markets for starters

A 174% increase in housing prices was recorded in Estonia. Baino Estates LLC considers Estonian market to be a good starting point for low-budget investrors.

Prices per square meter of housing in Estonia have risen by 174% over the past 12 years. Among the EU countries, this is the highest growth rate since 2010. Baino Estates LLC experts note that rental prices have also increased in Estonia, the average monthly payment has risen in price by 177%. Although the increase in the cost of rented housing is observed throughout Europe, only Estonia shows such high rates. The analysis was carried out on the basis of data for the 1st quarter of 2023, and growing inflation is likely to continue to raise property prices in Estonia.

Despite the high rate of rise in rental prices, the monthly rent here is not as high as in the rest of Europe. For example, in Tallinn you can find a small one-room apartment for only 350-400 euros per month. It is best to hire a broker to get prices like these since inexpensive offers sell out very quickly.

Prices of metropolitan two-room apartments in good condition start at 500 euros per month. The apartment, as a rule, has both furniture and household appliances. In addition, Tallinn has a well-developed infrastructure, so almost any area will be convenient. The price does not include utility costs. In summer, a communal apartment will cost about 85 euros, in winter – 100-150 euros, depending on the energy efficiency of the building.

In Tartu, the price range for renting an apartment is huge. You can find a one-room apartment for 250 and 1200 euros alike. Depending on the energy passport of the house and the year it was built, as well as the level of repair and amenities, the price varies heavily. A quick review of three rental offers in Tartu shows that although prices range from around 440 to 1,700 euros, the price per meter is in the range of 9.3-13.6 euros.

The Estonian real estate market is small, but it is characterized by its stability and promising security of investments. It is perfect for novice investors whose investment capabilities are modest.

Public Relations:
Greg Hamilton
1000 Parkwood Circle Cumberland, Suite 900,
Atlanta, GA, 30339
URL: http://techdigitalgroupinc.com

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

News

Multiplayer Strategy Game “RoboHero” Featuring Seamless Integration of Tokens and NFTs to Launch on WEMIX PLAY

One of the first mobile games with an ecosystem designed to bridge the Web2 and Web3 worlds Set in an immersive metaverse, Robot Factions intensely...

ProfitRocket AI Launches Airdrop Alongside Exclusive 3-Month ICO Presale

Provo, UT, United States, 25th September 2023, ZEX PR WIRE, ProfitRocket AI, a pioneer in the cryptocurrency market, is set to launch a groundbreaking...

Fibermart Launches Next-Generation Fiber Optic Products; Aims to Revolutionize Optical Communication Industry

Fibermart pioneers advancements in the fiber optic sector with next-generation products. arizona, US, 30th August 2023, ZEX PR WIRE, The digital landscape is ever-evolving, and...

Discover OneBit: Empowering Businesses and Revolutionizing Payments

OneBit is a groundbreaking decentralized payment service that revolutionizes the way businesses and individuals accept payments. Powered by blockchain technology, it offers fast and...

COZ Launches OneBand, the Physical NFT Device

Technology will make its debut at Consensus 2023 Fort Collins, CO, April 27, 2023, ZEX PR WIRE, COZ, a pioneering community in the blockchain industry,...

Jos Opdeweegh Shares How To Create A Culture Of Growth Through Mentorship

The multinational CEO and author of Fair Value, Jozef (Jos) Opdeweegh, combines coaching and mentoring philosophy to foster a culture of constant learning among...

Kinetex Gelato Integration Announcement

Dubai, UAE, 15th November 2023, The decentralized finance (DeFi) sector is growing at an unprecedented pace, with thousands of tokens already in existence on...