Look at What Price New Apartments Are Most Popular
As we know, the economy is in very good health and salaries are climbing upwards. This is also reflected in the real estate market situation and very active construction activity. Many new buildings are emerging and the supply is large, which means that buyers' lives are not easy at all. However, let's look at which price category new apartments are most popular among Tallinn buyers.
To find an apartment with the best price-to-quality ratio, you need to do proper homework. Buyers are aware and smart, and know how to find the best apartments in every new project, which also sell quickly.
Let the following then be a hint for all market participants – both those offering apartments for sale and buyers making a choice.
1-room apartments:
in the suburbs in the range of 70,000 – 80,000€, in the city center in the range of 90,000 – 100,000€.
View currently for sale 1-room apartments in Tallinn >>
2-room apartments:
in the suburbs in the range of 85,000 – 100,000€, in the city center in the range of 125,000 – 135,000€.
View currently for sale 2-room apartments in Tallinn >>
3-room apartments:
in the suburbs in the range of 120,000 – 140,000€, in the city center in the range of 150,000 – 165000€.
View currently for sale 3-room apartments in Tallinn >>
4-room apartments:
in the suburbs in the range of 140,000 – 160,000€, in the city center in the range of 180,000 – 210,000€.
View currently for sale 4-room apartments in Tallinn >>
Of course, price is only one parameter. The desired apartment must also have a good location and layout. When all three components come together, the purchase decision happens quickly.
Of course, there are also many exceptions and situations where emotions, uniqueness, or something else matters. So it shouldn't be assumed that residential spaces in other price categories are not purchased at all. Everything has its own target group, although this is often significantly smaller in number.
Article source: Uus Maa Real Estate Office
