Property experts project an Annual rate of return of :
12.00%
the return on your investment in one year:
€6,530
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A small development of apartments designed in an unobtrusive style to complement their rural surroundings.
As Parnu becomes more heavily developed some people are looking a little further away from the town to set up home in a smaller community. Less than 20 km to the South of Parnu centre, just off the Via Baltica where it almost touches the sea, lies Uulu village. This area has been chosen for the building of a number of small, select, developments of mostly single storey homes on good sized plots.
The final phase of one such development is to be a number of buildings, each containing just 8 apartments, built to an innovative design evoking Western European village houses of a bygone age. This project offers the only opportunity currently available to buy a new apartment in the area, so demand is likely to be high.
The apartments have one or 2 bedrooms, and range from 47.3 – 65.7 sqm.
Prices for the first phase start at 54 414 euros up to 75 581 euros.
Ground floor apartments have their own exterior door, opening into a small lobby. Those on the upper floor are accessed via a raised walkway at the rear of the building, with stairs at each end. Parking is available in front.
A 15% deposit will reserve the property with the balance payable on completion.
As is standard practice in Estonia the properties will be handed over ready for finishing to the buyer’s taste. Budgets should allow 128 euros per square metre for this work
Building of the first phase will start April 2007, with completion 9 months later
