|Last Updated: Aug 07, 2012|
|TALLINN - Apartments||COST (€)||YIELD (p.a.)||PRICE/SQ.M. (€)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|45 sq. m.||93,105||419||5.39%||2,069||9.30|
|70 sq. m.||158,270||555||4.21%||2,261||7.93|
|90 sq. m.||213,660||647||3.63%||2,374||7.19|
|120 sq. m.||247,440||874||4.24%||2,062||7.28|
|200 sq. m.||452,800||n.a.||n.a.||2,264||n.a.|
| Districts researched
Tallinn: Vanalinn, Kesklinn, Kristiine, Pirita, and Nõmme
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule
Apartment prices in Tallin, the capital of Estonia, rose by 4% during the year to August 2012, according to Ober Haus.
In the latest survey by the Global Property Guide covering this period, average prices per square metre (sq. m.) of apartments in the upscale neighborhoods of Tallin, i.e. Vanallin, Kesklinn, Kristiine, Pirita and Nomme, increased to EUR 2,200 from EUR 1,900.
Average monthly rents per sq. m. have also increased from an average of EUR 6.95 in 2011, to EUR 7.93 now.
Rental yields on apartments of 120 sq. m. rose to 4.24%, from 3.99%.
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