Great value! Current valuation: €117,500
Apartment ownership, stone house
Kitchen: electric stove, open kitchen, refridgerator, kitchen furniture
Sanitary arrangements: shower
Additional information: furniture, on multiple floors, high ceilings, lift, parquet, packet windows
Communications and security: video cameras, secure guard
Stylish two-level loft for sale in Tallinn city centre — Mere pst 8
An excellent opportunity for investment or a first property: a compact, fully furnished apartment with a smart layout in a prime location.
Size: 23.2 m²
Floor: 2/5
Ownership: apartment ownership (korteriomand)
Layout:
First level (ceiling height approx. 4 m) — main living area:
– open kitchen
– living/relaxation space
– bathroom
– storage
Second level — sleeping mezzanine (height approx. 160 cm):
– double bed
– workspace or reading area
This layout maximizes the use of space — unlike a typical small apartment, the entire lower level remains open and functional for everyday living.
The apartment is in good condition, designed in a modern loft style and sold fully furnished — ready to move in or rent out immediately.
Investment potential:
The apartment is already under professional management, which handles short-term rentals (Airbnb, Booking) and takes full responsibility for maintenance and operations.
The owner receives a fixed monthly income.
Legal information:
The property is registered as apartment ownership (korteriomand) with a defined real part. The unit itself is classified as non-residential (mitteeluruum) and is located on commercial land (ärimaa).
This is a common format in Tallinn city centre and is widely used both for residential purposes and investment.
Building and surroundings:
A historic building originally constructed in 1888 and fully renovated in 2016, with careful preservation of its architectural character.
The building offers:
– 24/7 reception
– shared laundry facilities with dryers
– high level of security
– active and well-managed homeowners’ association
Location:
Situated on the border of the Old Town and city centre — within walking distance to Rotermann Quarter, the harbour, seaside promenade, restaurants and public transport.
The apartment faces Mere pst, offering views towards green areas and the historic surroundings. Sound-insulated windows ensure comfortable living despite the central location.
Parking is available directly outside the building — approx. €10/month with a Südalinn resident permit, which is a rare advantage in the city centre.
Perfect for:
– investment (short- or long-term rental)
– first property
– compact city living
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