An impressive and energy-efficient commercial building with loft-style stock office premises, service and office premises, childcare and a café will be completed in autumn 2023.
While 2022 was good overall for the real estate sector, market demand started to decline in the third quarter and at the end of the year, autumn brought with it a pre-ice age cold spell, with market activity falling by a third. The wintry cold spell will certainly continue in both the first and second quarter of the year, but the economy should start to recover in summer. However, there is no reason to hope for a rapid recovery. Rather, the situation will stabilise in the second half of the year and in 2024 we will start to see signs of activation in the general economy and the real estate market.
Detached houses and first-class terraced houses will soon be on sale in the esteemed Kangru residential area, shaded by tall trees. Registration is open!
Keila Home offers a well-rounded living environment. The apartment buildings with outstanding architecture, a spacious layout, premium interior finish and energy efficiency class A have a landscaped outdoor area with ample seating and an abundant orchard and herb garden.
Everaus Kinnisvara highly values the activities of community organisations and their influence on the development of the region. For several years, we have been supporting the Rae municipality in purchasing competition clothes for athletes representing Rae.
Home buyers expect more and more integrity from real estate developers: in addition to the interior spaces, the exterior space – the landscape surrounding the home – must also be thoughtfully designed. A complete and user-friendly living environment is becoming a new standard. ‘This is also what the local municipality expects from the developer,’ Raadius Arhitektid, Everaus Kinnisvara and Merko jointly note.
Christmas is a time for giving. This year, Everaus Kinnisvara decided to give up traditional Christmas presents and support the non-profit organisation Naerata Ometi with building materials.The materials will be used for renovating the homes of children with health issues and families in need.
Everaus Kinnisvara has started the construction of the infrastructure of Kindlusepealse Villas quarter in Järveküla, near Tallinn – roads, water and sewage systems are being completed, and street lighting is being installed. The private and semi-detached houses of Kindlusepealse Villas will be completed in 2024.
In the first week of December, preparatory works for the construction of Luige Homes quarter will begin in Luige small town.
On November 2, 2022, the Association of Estonian Real Estate Firms held a conference ‘What’s next?’, where the situation of the real estate market was discussed. The CEO of Everaus Kinnisvara, Janar Muttik, together with the board member of Koidu Arendus OÜ, Karin Vinkel, participated in the panel ‘Real estate investments in the whirlwind of crises’, which was moderated by investor Kristi Saare.
Everaus Kinnisvara opened the Class A energy efficient Keila Kodu apartment buildings in the centre of Keila with festivities. The opening ceremony was followed by an open house event where everyone interested could visit two furnished sample apartments and the last vacant apartments.
It is a historic name, which was given to the peninsula in 1884, when it first began to prosper.
Sea villas, beach apartments, a restaurant, a marina, bathing areas, a promenade and a spa hotel will be built on the peninsula.
In the large development called Luige Homes, 88 apartments with geothermal heating will be built over the next two and a half years.
Everaus Kinnisvara’s new homes tick every box in the energy efficiency filters, going beyond minimum requirements.