Estonia is the country that can’t be loved, though it can’t boast of hustle & bustle of big cities or the riches of world resorts. Anyway you are sure to want to go back there either as a tourist or as an owner of a house or a flat. The second variant is more attractive, all the more so because there is no tax for the real estate in Estonia and the tax for the land is about 0,1 – 2,5%, depending on the locus of the object you chose.
Real estate in Estonia are qualitative and not very expensive houses in picturesque regions, one of the great advantages of which are getting a multivisa.
The procedure of the purchase real estate is pretty simple. One can choose the sort of with the help of property with the help of real estate agency, the percent for the services wouldn’t exceed 5% from the total cost, then you are to make a preliminary contract and make a 10% forepay. After that you are to formalize all the documents at notorial agency. It will cost you about 350 EUR.
Mansions are in the greatest demand among the real estate in Estonia. The prices range is rather big, it varies from 400 to 700 per sq m depending on the locus.
If you are content with a flat, a one-room flat in the outskirts would cost you 40 thousand EUR, a two- or a three-room one – 60 thousand EUR. Towns placed on the seashore are quite popular for buying a house. For example a small house in Pjarna would cost you 800 EUR per meter. Students who study in Tartu University can buy a two-room flat for 45 thousand EUR.
There are no any restrictions for foreigners who buy real estate in Estonia as houses, flats and lands. One can’t buy only forests whose square is more than 10 hectares.
