RealEstate

New residential and commercial buildings planned next to Arsenal Centre

The Tallinn City Government has submitted the detailed plan for the Erika 12 property and its surrounding area in Põhja-Tallinn to the City Council for approval. The purpose of the [..]

57% of Latvians would invest in real estate

More than one-half of people in Latvia (57%) would invest spare money in real estate, Citadele Bank representatives told the LETA News Agency from a survey. Real estate also remains [..]

New buildings to be erected near Tallinn port

The Tallinn city government has launched a detailed plan to install a park and build a series of modern buildings at the corner of Hobujaama and Ahtri streets in the [..]

Search for solutions to Estonian housing crisis

Experts from Estonia and other European countries are due to meet on Wednesday, November 13, to look at ways of alleviating a housing affordability crisis in Estonia. This will happen [..]

No shift in Estonia’s overall real estate market trends despite active July

The Estonian real estate market rebounded in July after a sluggish June, however, with the economy in decline for ten consecutive quarters and confidence in the economic environment remaining low, [..]

Cyprus fund manager ISWM Asset Management establishes ISWM Hotel LT in Vilnius

ISWM Hotel LT, an investment management company, has been established in Vilnius by ISWM Real Estate Fund Raif, a real estate investment fund managed by Cyprus-registered ISWM Asset Management. According [..]

Procedure for taking land for major projects enters into force in Lithuania

Private land needed for projects of special national importance can be taken more easily in Lithuania from August as the procedure for taking such land, simplified by the Seimas in [..]

Estonian govt approves bill seeking to increase land tax

The Estonian government has approved and sent to the parliament a bill seeking to amend the Land Tax Act and increase local governments’ decision-making power in setting land tax rates. [..]

Estonian Land Board: Number of transactions in Q1 slightly down on year

Data from the Estonian Land Board shows that there were 8,412 purchase and sale transactions in the first quarter of this year, totaling 950 million euros in value, whereas the [..]

Tallinna Sadam looking for partners to develop vacant areas at Muuga

Listed Estonian port company Tallinna Sadam has launched a search for cooperation partners for the development of vacant areas located in the eastern part of Muuga Harbor, the large freight [..]

Luminor: People still aspiring to own their home in Estonia despite economic challenges

Data on issued mortgage loans indicate that acquiring a home remains a priority for people even in the current challenging economic climate, somewhat aided by the real estate price surge [..]

Kempinski hotel in central Vilnius to be replaced by Hilton

The Grand Hotel Kempinski Vilnius located next to the capital’s central Cathedral Square will be replaced by Curio Collection by Hilton, an upscale hotel brand of Hilton, a leading global [..]

More than 7,000 Ukrainian families receive housing loans

More than 7,000 Ukrainian families have received housing loans under the eOselia (eHousing) programme totalling UAH 10.7 billion since the programme’s launch. 62% of them are contract service members and [..]

State support worth 30% of interest to be paid to mortgage borrowers

Amendments to the Consumer Rights Protection Law, intended to support mortgage borrowers, come into force on January 1. The amendments enable the provision of state support to mortgage borrowers in [..]

Linstow subsidiary buys seven properties adjacent to upcoming Satekles Business Center for EUR 4 million

Linstow Group’s subsidiary Satekles Business Center has completed acquisition from three separate owners of seven interrelated properties adjacent to the upcoming Satekles Business Center in Riga, as Linstow Baltic representatives [..]

Down payment main hurdle for young homebuyers, according to Luminor

An increasing number of young people are receiving financial support from their parents to buy real estate because the absence of their own down payment on a home loan is [..]

Sanctioned properties will not be eligible for real-estate tax relief

The Saeima today adopted amendments to the Law on Real Estate Tax in the final reading, which stipulates that properties subject to sanctions will not be eligible for municipal discounts/relief [..]

Analyst: New apartments in Tallinn rented out en masse in absence of buyers

The sale of new apartments has stalled, which is why developers have started to put whole developments on the rental market at once, Risto Vahi, analyst at the real estate [..]