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Top 5 Popular Countries for Real Estate Purchase by Residents of Estonia: Motivation and Justification for Choice

Promising areas for investment / Cheat sheet for shoppers / Real Estate Abroad / The Path to the Dream Home / Market trends and future forecasts
12.01.2024
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Top 5 Popular Countries for Real Estate Purchase by Residents of Estonia: Motivation and Justification for Choice

Buying property abroad is becoming an increasingly popular trend among residents of Estonia. The important criteria for choosing a country for real estate investment are convenience, safety, cost of housing and living, flight accessibility, quality of local cuisine, internet speed, pleasant climate, and availability of warm water on beaches. Let's consider the top 5 countries that meet these requirements.

1. Spain

Spain traditionally attracts Estonians with its excellent climate and warm water on the beaches of Costa Brava and Costa del Sol. Affordable real estate compared to other European destinations makes Spain accessible to a wide range of buyers. Convenient air connections between major cities in Estonia and Spain ensure easy relocation and the opportunity for frequent visits. Stable fast internet and delicious local food make life here comfortable for both leisure and remote work.

2. Portugal

Portugal offers not only convenience but also a high level of safety. The Golden Visa program provides opportunities for quick residency permits with real estate investments. Housing here is cheaper than in central EU countries, making Portugal attractive to Estonian investors. The proximity to the ocean ensures warm water on the beach at all times, and the local cuisine impresses with a variety of fresh seafood.

3. Germany

The high level of economic stability makes Germany one of the priority destinations for purchasing real estate for subsequent rental or capital preservation. Affordable flights from Estonia facilitate the logistical aspects of property management. Germany offers an excellent balance of price and quality of life: fast internet, quality products, and a variety of cultural events.

4. Finland

The proximity of Finland to Estonia is one of the key factors for Estonians choosing this country for real estate investments. The ability to travel between countries by ferry or train makes relocation particularly convenient. The high level of safety, excellent climate in summer, and well-developed infrastructure attract both outdoor enthusiasts and those who prefer calm family trips.

5. Thailand

Thailand is chosen for its exotic living experience: tropical climate, friendly population, and very affordable cost of living. Despite the longer flight from Estonia compared to European destinations, ticket prices are often quite democratic thanks to various airline promotions. Fast internet connection is available even on remote islands, and the local cuisine delights food lovers with the freshness of ingredients and spiciness of spices.

Choosing a country for purchasing property should be based on personal preferences and goals, whether it be investments or creating a "second home" abroad. The mentioned countries provide comprehensive opportunities for a confident step into the international real estate market.

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