Welcome to Estonian Homes!
We sincerely hope that we can be of some assistance to you, when searching for a suitable home, or summer house, in the beautiful country of Estonia.

If you would like to receive more information on our current offerings, please do not hesitate to contact us.

Attractive Investment Opportunities

Compared to other countries in Northern Europe, the agricultural and raw land in Estonia is still heavily undervalued. Land prices are expected to grow significantly over the next few years, as soon as the financial situation has stabilized.

Compared to neighbouring countries like Finland and Sweden, the price of land is at least 5 times lower in Estonia. According to established marketing theories, the price of land would then level out and hence, there would be a potential for a significant price increase for the next years.

According to a recent report (November 2009) by the European Commission, GDP growth for Estonia is expected to change from the current -13.7 % to +4.2 % in 2011, which would certainly have a very positive effect on the real estate market.

The market for newly-built private residences in the Tallinn area is just as attractive as the construction of new city apartment buildings. The demand so far, has been driven, among other things, by the fact that the families who have sold their housing (e.g. older apartment in the city of Tallinn) now prefer a more private and spacious residence instead.

Whereas the houses offered for sale are mostly situated in the developed living areas, and relatively expensive, an alternative for those preferring a private residence is to buy a plot in some of the areas being developed in the rural municipalities neighbouring Tallinn and to build a house on their own.

As the resource of land suitable for development of larger housing areas in the city of Tallinn has been practically depleted, the housing development has mainly shifted to the neighbouring rural municipalities. Year by year the distance of such projects from Tallinn is growing.

An investors guide to Estonian Real Estate