Real estate investment in Estonia
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.
of housing in Estonia
increase per quarter
of the transaction amount
How the residential property price index is growing in Estonia
Cost of a 3-bedroom apartment in Estonia
Attic apartment in the historical centre of Tallinn
Apartment within a 10-minute drive
from the Town Hall Square
Apartment in Tartu
What do investors buy?
Properties in the capital, Tallinn, and the second largest city in Estonia, Tartu, are in high demand.
- penthouses and attic apartments
Estonia residence permit or citizenship by real estate investment
Obtaining an Estonia residence permit or citizenship is not connected with purchasing real estate.
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Taxes and associated costs
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.
maintenance of an apartment
Electricity, gas, water, heating, and garbage collection
Internet, TV and telephone
Real estate sellers pay a capital gains tax of 21% on the difference between the sale and purchase prices.
real estate in Estonia