What do I need to know when buying property in Estonia?
When we asked expats what advice they would give a foreigner before buying a property in Estonia, they said...
"1. It is important to research the local real estate market before making a purchase. 2. It is advisable to hire a lawyer to help with the legal aspects of the purchase. 3. It is important to understand the taxation system in Estonia, as this will affect the cost of the purchase. 4. It is important to be aware of any restrictions on foreign ownership of property in Estonia. 5. It is important to be aware of any local building regulations that may affect the property. 6. It is important to be aware of any local zoning regulations that may affect the property. 7. It is important to be aware of any local environmental regulations that may affect the property. 8. It is important to be aware of any local restrictions on the use of the property. 9. It is important to be aware of any local restrictions on the sale of the property. 10. It is important to be aware of any local restrictions on the rental of the property," said another in Estonia.
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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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What do I need to know when buying property in Estonia?
If you live in Estonia, newcomers to Estonia would love to hear your answer to this question: