Real estate in Estonia. Prices for property in Estonia
Rising demand for real estate in Estonia has been driving up buying prices. Most foreign investors come from Scandinavian states and Russia looking for properties in the resorts. The most popular city is the
Average prices of property in Estonia are €527 per square metre but property in the capital is more expensive. Prices in Tallinn in February 2014 rose by 17.3% with a square meter costing €1,383. Spacious luxury apartments in the Old Town sell for at least
For €806/sq m can buy a property in Estonia located in the picturesque port of Parnu on the Baltic Sea. It is famous for its many conferences, concerts and festivals.
Purchasing property for sale in Estonia does not qualify a foreign investor for permanent residence. However, it can be granted to people with permanent employment, sole proprietors or married to a resident in Estonia.