According to information from the Estonian Land Department, the average cost of square meter in Tallinn in July amounted to €1662,5, which is 10% more than last year. In general, prices in the Estonian capital are higher than in Vilnius or Riga, but 2 times lower than in Helsinki.
During July in Tallinn were issued 724 sale transactions with a total revenue of €67.5 million. In July 2015, the were slightly more deals (743) but the total amount was less (€59,2 million).
Average price per square in the Latvian capital in July - €1582,6. Annual price increases of 3-5%. However, there is variation: in typical Soviet houses apartments are for sale €700 - €800 per sqm. The buildings, which are on the outskirts of the city are valued above (€1000 - €1300).
Interestingly, ерфе developers in Riga prefer projects with small or medium budget. After the requirement for investors, planning to get residence permit in Latvia, was changed, the number of sales in the mass segment increased by 13%. And the popularity of apartments of business class, on the contrary, decreased.
Based on the materials of ru.sputnik-news.ee
Photocredit Depositphotos.com