For sale apartment, 4 room - Aia tn 5b, Vanalinn, Tallinn, Harju maakond
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Investment Opportunity in Tallinn Old Town – Aia Street
Apartment ownership, stone building
Price: €289,000
Spacious 4-room apartment for sale in a historic stone building in Tallinn Old Town, designed in 1949 by architect Eugen Sacharias. The apartment features separate rooms and high-quality finishes – suitable both for personal living and as an investment. Potential annual gross yield up to 8.8%.
Rental Income
The current owners have not lived in the apartment in recent years but have successfully rented it out both long-term and short-term:
Long-term rental: previously rented at €950/month + utilities → annual gross income approx.
Investment Opportunity in Tallinn Old Town – Aia Street
Apartment ownership, stone building
Price: €289,000
Spacious 4-room apartment for sale in a historic stone building in Tallinn Old Town, designed in 1949 by architect Eugen Sacharias. The apartment features separate rooms and high-quality finishes – suitable both for personal living and as an investment. Potential annual gross yield up to 8.8%.
Rental Income
The current owners have not lived in the apartment in recent years but have successfully rented it out both long-term and short-term:
Long-term rental: previously rented at €950/month + utilities → annual gross income approx.
€11,400, corresponding to a yield of ~3.9%.
Short-term rental (Airbnb): summer months 2025 (June–August) generated net income of €6,488 (~€2,160/month). Projected annual income via Airbnb could reach up to €25,950, with a yield of about 8.8%.
Apartment details
Layout: hallway, kitchen–living room, shower room, separate WC, three independent rooms.
Extras: renovated basement storage room, roof terrace, courtyard parking available.
Finishes: oak parquet flooring in living areas; marble in shower rooms and WCs; granite flooring partly in the hallway; façade travertine in the kitchen wall; Villeroy & Boch tiles in the kitchen and hallway.
Furnishings: Italian Selva furniture, Swarovski ceiling lamp in the bedroom, high-quality curtains and lighting.
Kitchen: Bosch integrated appliances (dishwasher, stove, oven, extractor hood, microwave, fridge–freezer).
Heating & energy: central heating with adjustable radiators, energy label E, occupancy permit available.
Security: intercom system, security door, elevator.
Location & surroundings
All necessities are close by: Rimi supermarket next to the building, Prisma Old Town 24/7 and WW Passage shopping center with Gym! fitness club only 50 m away. Kalev Spa with swimming pool just a few hundred meters. Excellent public transport connections — bus and tram stops within 100 m.
This apartment is an excellent solution for an investor looking for property in the heart of the Old Town with secure rental yield and flexible usage options.
Contact
Viljo Pettinen
Licensed Real Estate Agent / Property Consultant
Broker Registration No: KMR 58041
Certificate: 203403
Tel: +372 5110939
E-mail: viljo.pettinen@domus.ee
Loe veel
Short-term rental (Airbnb): summer months 2025 (June–August) generated net income of €6,488 (~€2,160/month). Projected annual income via Airbnb could reach up to €25,950, with a yield of about 8.8%.
Apartment details
Layout: hallway, kitchen–living room, shower room, separate WC, three independent rooms.
Extras: renovated basement storage room, roof terrace, courtyard parking available.
Finishes: oak parquet flooring in living areas; marble in shower rooms and WCs; granite flooring partly in the hallway; façade travertine in the kitchen wall; Villeroy & Boch tiles in the kitchen and hallway.
Furnishings: Italian Selva furniture, Swarovski ceiling lamp in the bedroom, high-quality curtains and lighting.
Kitchen: Bosch integrated appliances (dishwasher, stove, oven, extractor hood, microwave, fridge–freezer).
Heating & energy: central heating with adjustable radiators, energy label E, occupancy permit available.
Security: intercom system, security door, elevator.
Location & surroundings
All necessities are close by: Rimi supermarket next to the building, Prisma Old Town 24/7 and WW Passage shopping center with Gym! fitness club only 50 m away. Kalev Spa with swimming pool just a few hundred meters. Excellent public transport connections — bus and tram stops within 100 m.
This apartment is an excellent solution for an investor looking for property in the heart of the Old Town with secure rental yield and flexible usage options.
Contact
Viljo Pettinen
Licensed Real Estate Agent / Property Consultant
Broker Registration No: KMR 58041
Certificate: 203403
Tel: +372 5110939
E-mail: viljo.pettinen@domus.ee
289 000 €
4 081.9 € / m2
Number of rooms:
4
Total area:
70.8 m2
Storey:
3 / 6
Date of construction:
1949
Bedrooms:
3
Bathrooms:
1
Stove:
Ceramic
Heating:
Central heating
Roof:
Lead roof
Building material:
Stone
Cadastral register number:
Form of ownership:
Apartment ownership
Energy performance certificate:
E
Additional information:
security door, television, washing machine, furniture, possibility for furniture, parquet, refrigerator, shower
Location: