Property Investment in Estonia as a Foreigner

Foreigners can freely buy and sell apartments in Estonia. Buying land with a house is not allowed in all areas. A legal entity can buy a land plot with a house without restrictions if it’s an Estonian company.

Statistics confirm the liquidity of investments: residential real estate prices grow every quarter by an average of 2.4%. Five years ago, an apartment of 100 m² cost an average of €183,000, and today it is sold for €273,000.

€2,734

Average price per 1 m²

2,4%

Average price growth per quarter

2,6—5,6%

Associated costs, of the property value

How the residential property price index is growing in Estonia

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Cost of a 3-bedroom apartment in Estonia

€1 million

Attic apartment in the historical centre of Tallinn

€650,000

Apartment within a 10-minute drive from the Town Hall Square

€300,000

Apartment in Tartu

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Individual selection of investment properties

  • Discuss your tasks and goals

  • Choose between properties from reliable developers

  • Get fully prepared and verified documents for a purchase

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Estonia residence permit or citizenship by real estate investment

Obtaining an Estonia residence permit or citizenship is not connected with purchasing real estate.

Discover real estate market trends in 41 European countries

Discover real estate market trends in 41 European countries

  • Master the residency process

  • Get expert tips and documents

  • Estimate costs accurately

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Taxes and associated costs

Purchase taxes

Property buyers pay a state duty and additional fees.

Associated costs range between 2.6% and 5.6% of the purchase agreement value. When buying an apartment worth €500,000, the investor will spend €513,000, including additional costs.

Stamp duty — depends on the transaction amount0.3—0.5% — of the transaction amount
Notary fee — depends on the transaction amount0.02—0.84% — VAT included
Registration fee0.25%
Agency fee — depends on the transaction amount2—4%

Ownership taxes

Estonia has no annual property tax, but there is a land tax. Apartment owners pay the land tax for the land plot under an apartment building.

The income tax of 21% is paid on rental earnings.

Electricity, gas, water, heating, and garbage collection€128—250 — per month
Internet, TV and telephone€16—34 — per month

Sale taxes

Real estate sellers pay a capital gains tax of 21% on the difference between the sale and purchase prices.

Countries to buy a property and get residency or citizenship

We offer proven properties that comply with the conditions of government programs for investors. You can buy real estate and obtain a residence permit or citizenship.

Country and status
Investments
Status
Time required
mt-flagmt-flag
Malta29 properties

€375,000+

Permanent residency

6+ months

Show 29 properties

€375,000+Permanent residency6+ months
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Grenada44 properties

$270,000+

Citizenship

8+ months

Show 44 properties

$270,000+Citizenship8+ months
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ae-flagae-flag
UAE158 properties

AED 750,000+

Residence permit

2+ months

Show 158 properties

AED 750,000+Residence permit2+ months
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es-flages-flag
Spain38 properties

Not limited

Residence permit

4+ months

Show 38 properties

Not limitedResidence permit4+ months
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Portugal68 properties

Not limited

Residency after D Visas

6+ months

Show 68 properties

Not limitedResidency after D Visas6+ months
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40+ guides with European countries

Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.

is-flagProperty Investment in Iceland as a Foreigner

Foreigners can buy, lease and sell properties without restrictions in Iceland. The sale of land to foreigners is prohibited. The land on...

€4,405

Average price per 1 m²

2,5%

Average price growth per quarter

de-flagProperty Investment in Germany as a Foreigner

Germany does not limit the sale of properties to foreigners: one can buy and sell housing and commercial real estate or rent it out....

€5,770

Average price per 1 m²

1,9%

Average price growth per quarter

cy-flagProperty Investment in Cyprus as a Foreigner

The Republic of Cyprus restricts selling properties to foreigners: a non-EU citizen can buy no more than two properties and need a...

€2,700

Average price per 1 m²

€300,000+

Real estate investment for residency

Igor Buglo

Material prepared by Igor Buglo, Head of the Maltese office, MBA

Updated:

Frequently asked questions

  • Can foreigners buy real estate in Estonia?

    Yes, foreigners can buy real estate in Estonia without major restrictions. Both EU and non-EU citizens have the right to purchase property. 

    A legal entity can buy a land plot with a house without restrictions if it’s an Estonian company.

  • How much does a house cost in Estonia?

    The average house price in Estonia varies depending on the location, size, and condition of the property. 

    As of recent data, average prices in the capital city, Tallinn, can range from about €2,000 to 3,000 per square meter in more central areas. In smaller towns and rural areas, prices are significantly lower, often less than €1,000 per square meter.