Estonia’s most reputable apartment developer
Merko is Estonia’s most reputable real estate developer (Kantar Emor 2019, 2020, 2021 and 2022).
This is the result of long-term, careful and considerate work in creating new homes.
The coming year will see a rise in VAT in Estonia from the current rate of 20% to the new rate of 22%, as a result of which buying a home in 2023 will be cheaper than buying one in 2024. If you enter into both a sales contract under the law of obligations and a real rights contract by the end of the year, the VAT on the total value of the transaction will remain 20%. If you enter into the sales contract this year but only sign the real rights contract next year, the 22% rate of VAT will apply to the outstanding amount to be paid when entering into the latter in 2024. In other words, the more you pay this year, the cheaper your new home will be.
Merko as an
As the largest apartment developer in Estonia, we design our houses carefully, involve the best architects and designers, create interior design solutions and courtyard plans, and build everything as it should be. We create a great environment for you to live in.
I preferred Merko for many reasons – from the very beginning I received very detailed construction and technical information about the project, the buildings have attractive architecture and the surroundings are properly landscaped with good access.
Moving in went nicely, but it will take a while to settle properly. We like living here. The pleasant, quiet environment is an advantage. The elevator and balcony make life with a small child much easier. Our child sleeps on the balcony in the fresh air for three hours every day.
The location certainly played a role. The company’s reputation on the construction market. Good introduction and presentation. Quick feedback on questions before purchasing, clear calculations and technical solutions. Up-to-date information on construction stages, information during construction and before completion. Information and assistance in solving issues after the transfer of the apartment.
The apartment has large windows and lots of light, and no street noise comes in through the soundproof windows. In the warm carpark, we have forgotten what it was like to defrost the windshield every morning. The beautiful playground with the trampoline is a fun place for parents as well.
Every home is special
Merko completed its first apartment building in 1994. Since then, we have created homes for thousands of Estonians by building large residential districts, individual apartment buildings and cosy terraced houses.