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Why Estonia Property
Why Choose Estonia?

  • High economic growth (10.5% in 2005, 11.8% in 2006)
  • Liberalised, stable, low tax economy
  • EU membership since May 2004
  • Stable currency pegged to the Euro (1 Euro = 15.6466 Kroon)
  • High levels of foreign investment
  • Members of WTO & NATO; US ‘Most Favoured Nation’ Status
  • Significant investment from Finland & Sweden
  • Highly skilled, low wage workforce

Why Property in Estonia?

  • No restrictions on foreign ownership of property
  • Consistent upward trend in property prices (av. 12% pa)
  • Rapidly growing tourism in Tallinn (the "New Prague" & UNESCO World Heritage Site) boosted by low cost Easyjet flight services from London and Berlin
  • Increasing property investment from Finland (Helsinki is close & 300% more expensive)
  • Increasing domestic demand prompted by lower local interest rates & banking sector reform
  • EU membership leading to increasing interest from foreign buyers in property in the UNESCO World Heritage city of Tallinn
  • Rental yields around 6%

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