Investor specific information
For Sale By Owner (FSBO) Read this !
In Estonia's changing real estate scene, some homeowners go the For Sale By Owner (FSBO) route. Here, homeowners take on tasks like pricing, promoting, negotiating, and paperwork. These are usually done by real estate agents. While this offers some benefits, it comes with challenges along the way…
renting vs buying
Renting or buying... It's like standing at a crossroads, the unknown either way, often underestimated. In Estonia, a country experiencing a dynamic real estate market, the choice between the two is particularly significant. Let's delve into the pros and cons of each, considering factors like property investment,…
Estonian bank mortgage calculator
I start with basic calculation as in 2022 and build up to 2023 so for the verdict scroll down Buying a property in Tallinn:Home Price: Let's assume the average home price in Tallinn is €200,000.Down Payment: A common down payment is around 20%, so that would be €40,000.Mortgage…
real estate prices
During periods of inflation, the general trend is for real estate prices to increase. Inflation refers to the sustained rise in the general price level of goods and services in an economy over time. There are several factors that contribute to the increase in real estate prices…
Owe-Martti Lemsalu real estate agent & property manager
Having a good property manager to oversee repairs and renovations can be advantageous for several reasons:Professional expertise: Good Property managers have experience and knowledge in managing building renovations and construction projects, which is be beneficial in ensuring that the project is completed efficiently and effectively.Time management: Property…
There are plenty of short term rentals in Tallinn
1 Pricing the short term rental : According to AirDNA's market data for 2021, the average daily rate (ADR) for short-term rentals in Tallinn is approximately 84 EUR per night. However, the ADR can vary significantly depending on the location, size, and amenities of the rental.In general, the…
There are several easy and cost-efficient ways to increase the resale value of a property through renovation. Here are some options:1.Paint: Painting is one of the easiest and most cost-effective ways to give your property a fresh look. Choose neutral colors that appeal to a broad range…
When applying for a property loan in Estonia, there are some key factors to keep in mind. Firstly, to be eligible for a loan, you must be at least 18 years old and have a regular source of income. Additionally, Estonian banks typically require a down payment…
nighttime Tallinn view
Real Estate Investment Trusts (REITs): In Estonia, there are several REITs listed on the Tallinn Stock Exchange, including EfTEN Real Estate Fund III and Baltic Horizon Fund. These REITs invest in a diversified portfolio of income-generating properties such as office buildings, shopping centers, and rental apartments.Real Estate…
new high-rise in Tallinn
Here are the benefits to taking a buyer's broker when planning to purchase a property in Estonia:Access to a wider range of properties: A buyer's broker can provide access to a wider range of properties that meet your specific criteria, including those that may not be listed…