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PROPERTY QUICK SALE<br>

Does property quick sale pay off? Pros and cons Selling a property at a rush sale price may at first sight seem like a bad deal – “why would anyone sell below market price?”. In reality, there are situations where a quick sale may be the best decision. In this post, we’ll take a closer…

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Trends 2025

Local entrepreneurs are welcoming the new year without rose-colored glasses. There are tax increases, reforms and new requirements ahead, and all this against the backdrop of an acute, ongoing shortage of specialists. Almost all sectors of the economy have to survive in such conditions. Representatives of various industries shared their expectations with DV.After two years…

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Bigbank predicts an increase in the average size of housing loans.

In March, the number of applications for housing loans at Bigbank increased by 10% compared to February and by 60% compared to March of last year. According to the head of Bigbank Estonia, Jonna Pekhter, the market activity is driven by the reduction in credit margins initiated by banks in January. “However, the number of…

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6-month Euribor breaks 2.9%

The six-month European Interbank Offered Rate (Euribor), to which most home loans in Estonia are pegged, has risen above 2.9%. The Euribor rate, which has remained negative since November 2015, hit zero in June 2022 and has been rising rapidly ever since. At the end of August, Euribor had already overcome the 1% mark, and…

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What’s going on with rental property prices?

According to statistics, compared to last year, the average cost of renting an apartment in Estonia has increased by about 20%. The biggest changes are seen in Tallinn and Tartu, where housing seekers have to count on price increases of up to 50%. If last year an average apartment was rented out for 499 euros,…

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The Ministry of Community Development plans to resolve the issue with long-term construction

The Minister for Community Development promises to take an inventory of all problematic new buildings in the country. As it became known to the portal Domik.ua, the Ministry of Development of Communities and Territories (the former Ministry of Regional Development, Construction and Housing, renamed Cabinet Decision No. 829) initiated the development of a bill that…

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