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Articles about real estate in Estonia » Promising areas for investment » Five districts in Tallinn that will make you wealthier: investments with benefits

Five districts in Tallinn that will make you wealthier: investments with benefits

Promising areas for investment / Great deals
21.01.2024
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Five districts in Tallinn that will make you wealthier: investments with benefits
  1. City Center: Known for its vibrant lifestyle and iconic landmarks such as the Alexander Nevsky Cathedral, Kesklinn is a prime investment location. The average price per square meter of real estate in 2022 is approximately €3,000. The growth prospects are high due to a constant influx of tourists.
  2. North Tallinn: With its rich historical heritage and unique blend of old wooden houses and modern architecture, North Tallinn offers an average price of €2,000 per square meter. The district is experiencing rapid development with the emergence of technology parks, making it a popular place for potential growth.
  3. Kristiine: Famous for its spacious shopping centers, Kristiine offers an average property price of €1,800 per square meter. The district has well-developed infrastructure with excellent transportation links and growing residential complexes.
  4. Mustamäe: Primarily a residential area, Mustamäe is known for its peaceful and green environment. The average cost of real estate is around €1,600 per square meter. With several universities nearby, it is a popular area for student accommodation, indicating potential for investment in rental properties.
  5. Lasnamäe: The most populous district in Tallinn, Lasnamäe offers an average price of €1,400 per square meter. Despite the lower price, it has potential due to ongoing reconstruction projects and its proximity to the city center.

These districts in Tallinn have unique features that make them attractive for investments. However, investors are advised to conduct thorough research and consider their own investment goals before making a decision.

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