Right now is the best time to find great properties in the best locations in Tallinn.
The Investment Festival is over for this year, and many young and already experienced investors have gained a lot of motivation and are eager to take action. The real estate market has been quiet from an investor’s perspective, but now is a good time to invest in real estate. The Euribor rate is trending downwards, and there are many good deals on the market.
Currently, MyHome has several (micro) apartments available in excellent locations in the center of Tallinn and Kalamaja, which are ideal for short-term rentals. For example, there are several fully furnished apartments in the stylish Avangard building that can start generating income immediately. Everything needed for living is provided. The Avangard building is located in the center of Tallinn, directly opposite Tallinn University. To maximize returns, apartments can be rented to students during the winter and earn multiple times the income through short-term rentals during the summer.
Avangard offers an excellent investment opportunity for beginner investors, as the entry threshold is low, the location is great, and the apartments do not require additional investments. The numbers add up well in Excel, even when buying with a loan.
The short-term rental market in Tallinn is currently favorable. Demand for short-term rentals has increased, especially in the summer months when many events take place in the city. This provides investors with the opportunity to earn high returns, while in the winter, more stable income can be ensured with long-term tenants, such as students. MyHome will help you find the most suitable investment property and support you throughout the purchase process.