Stable cash flow – 6.4% yield
Apartment ownership, stone house
Sanitary arrangements: water boiler, shower
Heating and ventilation: central heating
Kitchen: open kitchen, refridgerator, kitchen furniture
Communications and security: Internet, frontdoor locked, neighbourhood watch
Additional information: parking free parking, packet windows, furniture
Neighbourhood: in the city location, roads in good condition roads, neighbours around neighbours, Stroomi sea , surrounding buildings apartment buildings
This apartment is primarily suitable for an investor looking for a ready-to-go income-generating property.
The apartment is currently rented out with a Rendin contract in place, ensuring a convenient and secure rental relationship.
If desired, the apartment can also be used for personal living — in this case, the notice period for vacating is 3 months.
The annual yield is approximately 6.4%, making this a clear and stable investment opportunity.
APARTMENT
The apartment is fully renovated and in good condition.
Layout: living room with kitchen, bathroom with shower, and hallway.
All utilities have been updated, including new plumbing and electrical wiring.
Furniture and appliances are included in the price:
kitchen furniture, stove, microwave, extractor hood, refrigerator, washing machine, sofa bed, and wardrobe.
The washing machine is installed inside the apartment — no need to use shared facilities.
Low utility costs, which further support long-term investment performance.
No additional investment is required — the property is ready for immediate use.
A basement storage unit is also included.
SURROUNDINGS
Within walking distance to the sea and sandy beach.
Nearby park and sports areas, playgrounds.
About 15 minutes by car to the city center.
Close to kindergartens, schools, shops, and a family medical center.
Good public transport connections:
Randla stop (buses 3, 40, 48)
Madala stop (buses 32, 33, trolleybus 9)
If you are looking for a property that already performs and requires no additional effort, this is one of those options.
If interested, feel free to get in touch and I will explain all details.
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By choosing me as your real estate partner, you also support children.
From every transaction, we donate 3% of our agency’s commission to the Children’s Fund.
If you are looking to sell, rent out, or find a new home — feel free to contact me and we will find the best solution for you.
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Aleksandra Sandström
INGRAD KINNISVARA
Kadrioru Plaza, Vesivärava 50-310, 3rd floor, 10152 Tallinn
www.ingrad.ee
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