New builds in Tartu
Location and climate
Tartu is the oldest city in Estonia, located on the banks of the Emajõgi River, 187 km from Tallinn.
The climate is transitional from maritime to temperate continental. Due to the proximity of the Baltic and warm air masses of the Atlantic, summers are warm but winters are rather cold. The average annual temperature is +7°C
Why it is profitable to buy an apartment in Tartu in a new build
Information about this ancient city as an early settlement is available from the middle of the 1st millennium AD.E (5-6 centuries) under the name Tarbatu (the Estonian Tartu comes from it, in German Dorpat, Derpt). The city center can be called a kind of protected monument of antiquity, where it is interesting to get acquainted with examples of medieval architecture.
The following sectors of the economy are developed in modern Tartu: metalworking, food, logging, construction, wholesale and retail trade, banking, tourism, information and communication technologies. Many high-tech companies have settled in it - and this is no coincidence, since the city is considered an educational center: there is the oldest national university that trains highly qualified specialists, professors, and doctors. Every year, students from different countries enter 11 higher educational institutions of the city.
Tartu Airport is located 10 km from the city. There is an extensive network of public bus routes, a ferry service between Tartu and Lake Peipsi, Lake Lämmijärv.
Tartu real estate in the new builds for sale has a higher share in the total volume of concluded transactions compared to second-hand housing. Low supply and unsatisfied demand for residential complexes in Tartu lead to the fact that the median price of apartments in residential complexes increases. The sale of apartments from developers is transparent in terms of the procedure; it is carried out in accordance with the law, providing for compliance with building standards and the availability of infrastructure near the new homes, which is confirmed by customer reviews.
The minimum price per square meter of space in a new home for salefrom a developer in Tartu transferred to the buyer in a turnkey condition (in accordance with the information of the GEOLN.COM real estate search engine) is 2,600 USD.
Attractions
- Supilinn Historic District
- City hall
- Falling house
- Bridge of angels
- Devil's bridge
- The Dome Cathedral
- Assumption Cathedral
- St. John's Lutheran Church
- Church of St. Peter
- Observatory
Museums: national, art, literary, song festival, aviation, writer Oskar Luts, sports and Olympics, toys, aviation, beer, print and paper
Acquisition of apartments in Tartu from the developers by foreign citizens
There are no restrictions for non-residents. Foreign investors can freely buy apartments from the developers in Tartu.
Purchasing an apartment in a new development in Tartu is a promising investment in order to receive a stable income from rent and live in an EU country with a high dynamics of economic development.
Welcome!