Old Town Apartments

The apartments closest to the lighthouse and the harbour sit in older buildings — some renovated to a high standard, some still waiting for it, which is part of why prices in this pocket vary more than the headline per-square-metre figures suggest.

Buying here means trading a newer building for the ability to walk to everything: the promenade, the ferry terminal, the café streets, and the old customs house. It's the closest thing to a genuine city-centre lifestyle this size of city offers.

Renovation quality is the single biggest price driver in this pocket — two apartments on the same street can differ substantially in price depending on whether the electrical, plumbing, and insulation have actually been brought up to a modern standard.