A guide to the potential of relocating a portion of your business to Estonia

A new has alerted CEOs everywhere to the potential which exists within Estonia.

The study, by the Ober-Haus Baltic Apartment Price Index, has suggested that the Estonian property market is performing notably well.

Properties in Tallinn were worth 11.1% more in September of this year compared to August. The Eastern European country has also been named as one of the most vibrant property sectors on the planet by a leading global property report.

The Global House Price Index, from Knight Frank, stated that the Estonian property market saw 10.6% growth during the last year.

A record number of UK visitors were also recorded in the first quarter of 2011.

Flights to Tallinn are now available from 8 different locations within the UK and Ireland, including the recently added Easy jet service from Liverpool, meaning England alone offers 6 different departure locations.

With options increasing all the time, tourism is only set to increase throughout the next decade. This demonstrates the potential that exists for companies who are looking to take advantage of the potential within a country whose star is firmly on the rise.

Relocating staff to a new office within Tallinn may be looking like an increasingly prudent idea.
Over 259,000 visitors stayed in Estonian tourist accommodation in the first 3 months of this year.

That is a staggering increase of 19% on the same period in 2010.

If such a trend continued to rise (or simply remained steady) then investing in property that could be rented out all year round to a thriving tourist market would be a low risk strategy.

Corporate relocation services can help with several aspects of any potential relocation, from property searches to an overview of local business practices.