Buyers value quality and the living environment
The people buying homes in the Volta Quarter are diverse, but characteristically high in purchasing power. Nearly a quarter are foreigners or specialists with a foreign background, among whom there is a high proportion of technology workers and young professionals. There are also Estonian families and older buyers who are exchanging a home just outside the city for a comfortable inner-city apartment. “Demand for large, four- to five-room urban homes has been growing of late,” added Endover’s Sales Director Annika Saar.
Tint says that buyers today are looking for fully integrated locations with well thought-out use of space. “But they also want to live somewhere that offers greenery, as well as peace and quiet,” he added. “All of those are things that can be found in the Volta Quarter. Class A energy efficiency, three-metre ceilings, balconies, underground parking and air-conditioning in apartments with big windows are becoming the norm.”
A unique living environment in the new heart of the city
Endover says that the Volta Quarter is becoming a major new economic and residential hub, where history and modernity, business and everyday life intertwine. The quarter is characterised by the significant contribution it is making to new infrastructure and landscaping. Endover is reconstructing the intersection of Kalaranna Street, Tööstuse Street and the new Krulli Street as part of the development, with the addition of traffic lights, helping to improve and modernise the movement of traffic in Põhja-Tallinn. In addition, the developer will also be constructing the first part of Krulli Street, which forms the continuation of Kalaranna Street on the other side of Tööstuse Street.
Historic architecture meets modern new buildings in the district. The streetscape and landscaping have primarily been designed with the movement and recreational needs of pedestrians and cyclists in mind. A range of shops, services and sports facilities have already opened in the quarter, which will be joined in the near future by a kindergarten. Wise recently relocated its headquarters to the neighbouring quarter, adding significantly to the day-to-day life in the area and increasing demand for services.
