The number of apartments for sale in the northeastern part of Narva has grown exponentially, but demand remains low, reports ERR. Real estate agents believe that this is due to the deterioration of the quality of life, as well as the outflow of people from border towns.
Many are leaving Narva, Sergey Gorlash, real estate sales manager at Trianon Group, told ERR. "There are fewer jobs or lower salaries in Narva," Gorlach explained. "People are trying to find a job in Tallinn. Some are considering moving to Scandinavian countries or other European countries. And some are considering moving to Russia, because this year the Estonian education system will start working [completely] in the Estonian language."
According to realtors, housing without repairs in Narva has already decreased in price, but apartments in good condition continue to be in demand and are not getting cheaper.
