The Analysis of Urban Planning Aspects and Development of Residential Real Estate in Tallinn, Estonia

2020
İstemi Alp Köse, Linda Kauškale

At the present time, the world’s population is rapidly increasing and contrary to this, existing resources, which are limited, are being significantly consumed. Due to this fact, in order to use these resources more efficiently, the concept of planning day by day gains importance in the framework of sustainable development. Peculiarly, in spite of Estonia has one of the fewest number of population in Europe, owing to its economic reliability, high development level and worldwide awareness on the field of software, Estonia has become one of the less affected countries by the crisis owing to its qualitatively skilled population. At the same time, Estonia is one of European countries which execute planning for long-term economic development. The aim of the research is to analyse the interrelation aspects between urban planning and residential real estate development on different levels in Tallinn, capital of Estonia, in the context of sustainable development. Analysis and synthesis, comparison, observation, and logical deduction methods have been used. According to the done research, the price ranges of real estate objects are closer to each other in the conditions towards homogeneity in residential settlements which have similar residential and planning features. It can be recommended to build a contemporary system regarding interrelation of urban decisions and tendencies within development of the real estate market, which can help investors and other market participants in sustainable, efficient, and long-term decision-making.

Atslēgas vārdi
Heterogeneity of real estate market, public-private partnership, real estate development, real estate market, residential real estate, sustainable development, sustainable development goals, Tallinn, urban planning
DOI
10.2478/bjreecm-2020-0015
Hipersaite
https://content.sciendo.com/view/journals/bjreecm/8/1/article-p208.xml

Köse, İ., Kauškale, L. The Analysis of Urban Planning Aspects and Development of Residential Real Estate in Tallinn, Estonia. Baltic Journal of Real Estate Economics and Construction Management, 2020, Vol. 8, 208.-226. lpp. e-ISSN 2255-9671. Pieejams: doi:10.2478/bjreecm-2020-0015

Publikācijas valoda
English (en)