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Real Estate in Tallinn, Estonia | Digital Nomad Exchange
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Real Estate in Tallinn, Estonia

By Betsy Burlingame

Last updated on Sep 04, 2024

Summary: The average cost of a nice 2 bedroom home in Tallinn, Estonia is around €200,000, while a nice 3 bedroom home is around €250,000. These properties typically include modern amenities such as central heating, air conditioning, and high-speed internet. They may also include a balcony, terrace, or garden. There are no restrictions on foreign ownership for properties in Tallinn. Expats should search for a home to buy in Tallinn by using online real estate portals, such as City24.ee, or by contacting a local real estate agent. The most desirable neighborhoods in Tallinn include the Old Town, Kalamaja, and Pirita. These areas are known for their vibrant culture, excellent restaurants, and easy access to public transportation.

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How do I find a place to live in Tallinn?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in Tallinn is to use online rental websites such as City24.ee or Rent.ee. These websites allow you to search for rental properties in Tallinn by location, price, size, and other criteria. Additionally, you can also search for rental properties on popular real estate websites such as KV.ee or Realigro.com. You can also find rental properties by contacting local real estate agents or by asking around in the local community," remarked one foreigner who made the move to Tallinn.

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What is a typical expat home or apartment like in Tallinn?

"Expat homes and apartments in Tallinn are typically modern and spacious, with high ceilings and large windows that let in plenty of natural light. Many of the apartments are located in the city center, close to shops, restaurants, and other amenities. The interiors are often decorated with contemporary furnishings and feature modern appliances. Expats can also find apartments in the suburbs, which offer more space and a quieter atmosphere," remarked one member in Tallinn.

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What is the average cost of housing in Tallinn?

If you are thinking about moving to Tallinn, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Tallinn is generally quite reasonable compared to other European cities. The average cost of renting an apartment in Tallinn is around €500-€700 per month, while the average cost of buying a property is around €1,500-€2,000 per square meter," explained one person living in Tallinn, Estonia.

Should I buy or rent a home in Tallinn?

If you have not spent a lot of time in Tallinn, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"Buying a home in Tallinn can be a great investment. The city is growing rapidly and property values are increasing. Renting a home in Tallinn can also be a great option, as it allows you to enjoy the city without the commitment of a long-term purchase. It is important to consider your budget and lifestyle when deciding whether to buy or rent a home in Tallinn," remarked one member in Tallinn.

What do I need to know when buying property in Tallinn?

When we asked expats what advice they would give a foreigner before buying a property in Tallinn, they said:

"When buying property in Tallinn, it is important to research the local real estate market and familiarize yourself with the laws and regulations governing property purchases. It is also important to understand the tax implications of buying property in Estonia, as well as the costs associated with the purchase. It is also important to consider the location of the property, as well as the condition of the property and any potential renovations that may be necessary. Additionally, it is important to ensure that the property is free of any liens or encumbrances, and to obtain a title search to verify the ownership of the property. Finally, it is important to work with a qualified real estate agent or lawyer to ensure that the purchase process is completed properly," said one foreigner living in Tallinn, Estonia.

Are foreigners allowed to own property in Tallinn?

When we asked expats what advice they would give a foreigner before buying a property in Tallinn, they said...

"Yes, foreigners are allowed to own property in Tallinn. Both individuals and legal entities from other countries can purchase and own real estate in Estonia without any restrictions. However, there might be some limitations when it comes to acquiring agricultural land or land in protected areas, which may require special permission from the local authorities. Overall, the process of buying property in Estonia is relatively straightforward and transparent for foreign investors," explained one person living in Tallinn, Estonia.

What appliances are typically included in a rental?

We asked foreigners in Tallinn what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Rental properties in Tallinn typically include a refrigerator, stove, oven, washing machine, and dishwasher. Other common appliances may include a microwave, toaster, and coffee maker. Depending on the property, some may also include a clothes dryer," explained one expat in Tallinn.

Additional Information about Searching for a Home in Tallinn:

We asked foreigners in Tallinn what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats searching for homes in Tallinn often begin by browsing online real estate portals and websites, such as City24, KV, and Domus. They may also join local Facebook groups and expat forums to seek advice and recommendations from fellow expats who have already gone through the process. Additionally, they might consult with local real estate agents who have experience working with foreigners and can help navigate the local housing market. Expats may also explore different neighborhoods in Tallinn to get a feel for the area and identify their preferred locations. Networking with other expats and locals can also provide valuable insights and leads on available properties. Finally, visiting open houses and scheduling property viewings with landlords or agents can help expats find the perfect home in Tallinn," remarked one foreigner who made the move to Tallinn.

About the Author

Betsy Burlingame Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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