'Time is right for an expatriate to move to Estonia'

'Time is right for an expatriate to move to Estonia' (3)

Archived Articles | 12 Aug 2009 | EWR

People who are looking to move abroad and become an expatriate should buy property in Estonia, according to Quintessentially Estates.

Lily Simpson, head of business development at the global property search company, said that now is a good time to move to Estonia because the country's property market is booming.

"People are always looking for good places to invest in and when the market is like it is, it is a key time for investors," she said.

Ms Simpson went on to say that Estonia was an attractive prospect for an expatriate because it has a rich culture, beautiful beaches, very cultural and great architecture, which is a hit with the increasing number of tourists who visit the country.

"They have got a lot of tourism from Scandinavia … Estonia does have that advantage over the other countries. Investors will invest somewhere where tourism is high," she added.

Figures from September on the Global Property Guide's website found that house prices in Tallinn fell during the year by 11.02 per cent in nominal terms and 14.06 per cent in real terms.

(http://shaan.typepad.com/shaan... )

Viimased kommentaarid

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Is your name, Maxim?13 Aug 2009 14:00

The only thing that's obvious here is that you can't understand everyday English.
When a market is booming, prices aren't going down.
If you wish to verify that, check the dictionary.

obvious13 Aug 2009 06:44

A goof time to buy for the expat, a bad time for the citizen with the ho,me that has depreciated. Obviously both statements are true.

make up your mind, Lily13 Aug 2009 06:00

Which statement is true?

"...now is a good time to move to Estonia because the country's property market is booming."

or

"...house prices in Tallinn fell during the year by 11.02 per cent in nominal terms and 14.06 per cent in real terms."

Loe kõiki kommentaare (3)

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