In Estonia, half of transactions executed without the involvement of mortgage

During the economic growth in Estonia apartment buyers tend to be acquired with the assistance of a mortgage loan, the situation on the real estate market of the country has changed and is about half the transactions without bank financing, reported online edition of The Baltic Course then , referring to the company LETA. The company's specialists have noted that there are more buyers purchase properties without resorting to bank financing. Profit from rental income is now growing faster than during the crisis, as the number of proposals for the lease decreases. Also increased the number of small investors. If we compare the ratio of the rental cost to the market value, then renting the property can be profitable. HomesOverseas.ru