Tallinn real estate market — prices, rental yield and trend

• Gross rental yield: 4.07%
• 12-month price change (USD): 2.1%
• Net rental yield: 3.35%
• Transaction cost: 0.52%
• Price basis: local-market average

Tallinn is one of the 314 property markets Glopra tracks.

What a buyer pays in Tallinn

Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 0.5% of the price here. That is below the 9.6% median across the set, which shortens the time it takes for a purchase to break even. Of that, the transfer tax alone is 0%; the rest is notary, registration and agency fees.

What it earns

The typical home here lets for about $1,065 a month against a purchase price of $313,824, which is 4.1% gross before tax. Neither figure is quoted per square metre in this market, but both come from the same source, so the ratio between them holds. It ranks 235th of 311 markets by gross yield. Rental income is taxed at 17.6%, which takes the yield down to 3.4% net. The 0.7-point difference between the gross and net figure is the part most listing sites leave out. On the way out there is a third tax: a non-resident seller pays 22% on the gain.

How the tax works. Non-residents pay 22% income tax on Estonian rental income after a flat 20% deduction that needs no receipts, i.e. 17.6% of gross rent (22% may be withheld on the gross payment; the deduction is reclaimed by filing a return). Source: Global Property Guide Estonia taxes and costs (last update Sep 2026).

How this figure is built

The price figure for Tallinn is built from asking prices from listings. It was last refreshed on 2026-10-17. We rate our confidence in this market’s data medium: the series is usable, but thinner or less current than our best-covered markets. We recompute every market the same way, which is what lets Tallinn be compared with a country average or another city.

Sources: Global Property Guide Estonia rental yields (Tallinn all locations, 2-bedroom, Oct 2026) [https://www.globalpropertyguide.com/europe/estonia/rental-yields]; Maa- ja Ruumiamet quarterly review Q1 2026 [https://maaruum.ee/sites/default/files/documents/2026-04/Kvartali%20%C3%BClevaade%202026%20I.pdf]; tax/ownership/transaction cost from the new estonia row. Snapshot: 2026-10-17.