ESTONIA

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This Northern European country located in the Baltic Sea region has been a member of the European Union since 2004 and a member of the eurozone since 2011. Despite its small territory, the country is considered attractive for the registration and purchase of companies by non-residents, providing a liberal tax system and ease of doing business.

The following types of commercial real estate are among the main investment properties in Estonia: storage facilities, office and shopping centers, rental hotels and apartments, restaurants, development projects.

The minimum annual rate of return is 4%, and the estimated annual rate of return 10% to 15%. On average, the net annual return on investment in commercial real estate is 7 to 10%. This indicator is higher than in Central or Western Europe. The annual return on investment in residential real estate is 4% to 6%.

The main factors of investment attractiveness of the Republic of Estonia:
  • Strong legislative framework and judicial independence resulting in a low level of corruption;
  • Stable and predictable financial and tax policy of the country, highly competitive tax system compared to other European countries;
  • Ease of doing business and opportunities for expanding business in the EU;
  • In the Estonian bank capital share, Scandinavian banks have more than 80%, which positively affects the sustainability of the banking system;
  • The government has entered into double taxation agreements with 60 countries.
Specifics of the Estonian real estate market:
  • The Estonian real estate market has an average capacity, but is rather dynamic;
  • Investment /reinvestment tax is 0%;
  • Projects and investments are mostly located in the capital, Tallinn, the population of which has been growing for a long time and makes up 1/3 of the total population of the country;
  • In Estonia, various types of commercial real estate are in high demand, which contributes to an increase in market offers and investment opportunities for investors.
Top 10 reasons for investing in Estonia:
  • The tax rate on retained earnings is 0%;
  • The debt to GDP ratio is 9.5% (the smallest risk of sovereign default in the world);
  • The unemployment rate is 5.6%;
  • The country is ranked 12th among 190 countries by ease of doing business;
  • The country is ranked 22nd among 176 countries by the level of perception of corruption;
  • The country is ranked 41st among 186 countries by per capita GDP at purchasing power parity;
  • Private and commercial mortgage loan interest rates are from 2% per annum;
  • Advanced information infrastructure (e-government, banking, residency, business and public services);
  • Transparent and simple legislation and taxation;
  • Relatively low transaction costs.
Invest in commercial and residential real estate in Estonia and make a guaranteed profit!
Most attractive real estate opportunities in our key markets:

EUROPEAN PROPERTIES

  • Ashmoregrupp presence since 2014
  • Population: 0
  • Average cost of 1 m2 : € 0
  • Real estate market profitability: 0%
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The Ashmoregruppe branch network enables us to identify the most attractive real estate opportunities in key markets and to close the best deals for our customers.

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