1 | Key Challenges for Non‑Residents No local credit history —banks rely on foreign pay slips & tax returns. Higher equity —expect 30 %+ down payment vs. 20 % for residents. Currency exposure —loans denominated in euros only; hedge if your income is USD/GBP. Euribor variability —variable rates reset every 6 months; fixed‑rate spreads cost 0.3–0.6 pp extra. 2 | Main Mortgage Products (2025 Snapshot) Product Best For Rate (Euribor +) LTV Notes Standard variable Local salaried b

1 | Why Fire‑Safety Matters Legal requirement —non‑compliance can void insurance and incur fines up to €1 200 . Tenant safety —landlords must provide functional alarms and evacuation routes. Property value —up‑to‑date fire‑safety certificates speed mortgage approval and resale. 2 | Mandatory Devices & Intervals (2025) Dwelling Type Smoke Alarm CO Detector Fire Extinguisher Chimney Sweep Apartment (electric heating) ≥ 1 per 60 m² Optional Optional n/a Apartment (gas boiler) ≥ 

1 | Do You Even Need a Permit? Project Type Permit Required? Fast‑Track “Notice” Option Interior layout change (non‑load‑bearing wall) ❌ ✔ – Works Notice ( Ehitus­teatis ) New window/door opening ✔ ❌ Kitchen/bathroom replacement ❌ – Balcony glazing ✔ ❌ Solar‑panel roof array (< 15 kW) ✔ (simplified) – Detached garden shed ≤ 20 m² ❌ ✔ Rule of thumb:  If you alter structure, façade, or utilities capacity—expect a Building Permit  ( Ehitusluba ). 2 | Permit Types & Authorities P

1 | Why Legal Compliance Matters Avoid court costs —small‑claims rent disputes average €1 200 in legal fees. Protect yield —improper deposits or notices can void eviction and prolong vacancy. Insurance clauses —many policies require compliant smoke‑alarm, liability, and lease wording. 2 | Core Statutes & Terminology Act / Term What It Covers Law of Obligations Act, Ch. 15 Residential lease rights & duties Käendus (Surety) Parent/guardian guarantor clause Tagatisraha Security

1 | Why Location Analysis Matters 80 % of resale value  is driven by location quality. Rental demand, void periods, and tenant profile vary sharply between districts. Data‑backed due diligence prevents hidden‑cost surprises like flood insurance or commute fatigue. 2 | Core Data Sources (Free & Reliable) Need Tool / Site What to Check School quality htm.ee  → “Koolide reiting” Exam scores, class sizes Crime & safety politsei.ee  crime map Incidents per 1 000 residents Noise &

1 | Why Smart‑Home Upgrades Make Sense Higher rental yield  – tenants pay ≈ €25 more per month for keyless entry & remote climate control. Lower insurance premiums  – major Estonian insurers give 5 %–8 %  discounts for monitored alarms & leak sensors. Energy savings  – automated thermostats cut heating costs by 12 %–18 % , crucial in Estonia’s cold winters. 2 | Must‑Have Devices & Price Benchmarks (2025) Device Model Hint Price (€) Installation Smart lock (EU cylinder) Nuki S

1 | Why Smart‑Home Upgrades Make Sense Higher rental yield  – tenants pay ≈ €25 more per month for keyless entry & remote climate control. Lower insurance premiums  – major Estonian insurers give 5 %–8 %  discounts for monitored alarms & leak sensors. Energy savings  – automated thermostats cut heating costs by 12 %–18 % , crucial in Estonia’s cold winters. 2 | Must‑Have Devices & Price Benchmarks (2025) Device Model Hint Price (€) Installation Smart lock (EU cylinder) Nuki S

1 | Register Your Address ( Elukoha registreerimine ) Step Portal / Office Deadline Submit online form rahvastikuregister.ee Within 30 days  of move‑in Upload deed or lease PDF (max 2 MB) Immediate Confirmation email Arrives in 1–3 days — Why it matters:  Local address unlocks school enrolment, healthcare, and municipal e‑services. 2 | Apply for ID‑Card Address Update Visit Police & Border Guard Board (PBGB)  service desk—book slot online. Bring passport + notary deed printou

1 | Why Plan Your Exit? Avoid surprise taxes  that can wipe out gains. Time the market cycle for maximum price. Streamline paperwork to close within 30 days . 2 | Cost Checklist (2025) Item % / € Who Pays? Broker commission 2 %–4 % (min €3 000) Seller Notary fee 0.1 %–0.4 % Split 50/50 (negotiable) State fee (Land Register) €20–€100 Buyer (norm) Mortgage discharge fee €60–€150 Seller Capital‑gains tax 20 % (see exemptions) Seller Energy‑label update €60–€120 Seller Staging &

1 | Why Plan Your Fit‑Out Early? Vacancy costs  – every week unfurnished = lost rent. Mortgage clauses  – some buy‑to‑let loans require a habitable unit within 30 days. VAT optimisation  – reclaimable for OÜ‑owned rentals when invoiced correctly. 2 | Cost Benchmarks (2025) Property Type Size Budget – Basic (€) Budget – Premium (€) Studio (Tallinn) 25 m² 4 500 7 000 1‑Bed Flat 40 m² 6 000 10 000 2‑Bed Flat 60 m² 8 500 14 000 Family House 120 m² 15 000 28 000 Breakdown: ± 45 %

1 | Why Refinance or Cash‑Out? Rate drop  – lock lower interest after ECB cuts. Equity unlock  – fund a second buy, renovation, or business. Term reset  – switch from 20‑year to 10‑year to save on total interest. Switch currency  – move from variable Euribor to fixed‑rate stability. 2 | Eligibility Snapshot (2025) Bank Max LTV on Refi Cash‑Out Cap Min Equity Holding Swedbank 75 % 20 % of market value 12 months SEB 75 % 25 % 6 months LHV 80 % (primary home) 30 % (investor) 6 m

1 | Why Legal Risk Cover Matters Encumbrance surprises —unknown servitudes or historical mortgages can derail resale or financing. Forgery or identity fraud —rare but costly; Estonia’s e‑Land Register minimises, not eliminates, risk. Boundary disputes —GPS errors between cadastral and reality cause litigation. Title insurance adds a financial backstop  where due‑diligence gaps remain. 2 | Title‑Insurance Basics in Estonia Feature Detail Providers Stewart Title Ltd, First Titl

image 1 | Why Zoning Matters Dictates what  you can build and how big . Influences plot value—wrong zone can cut resale price 20 %. Banks check allowable use before approving development loans. Estonia’s planning system includes National, County, Comprehensive,  and Detailed Plans (DPs) —with detailed plans having the greatest impact on single parcels. 2 | Key Zoning Categories Abbrev. Estonian Term Typical Uses E Elamumaa Detached & semi‑detached housing Ä Ärimaa Offices, re

1 | Why Hire an Agent? Market intel  – access to off‑market listings and sold‑price data ( müügi­statistika ). Language bridge  –...

1 | Know the Market Temperature Scenario Price Flex Typical Discount Tactic Seller’s market  (Tallinn CBD, new builds) Low 0–2 % Speed & pre‑approval win Balanced  (suburbs, Tartu centre) Medium 3–5 % Data‑backed comps critical Buyer’s market  (rural, aged stock) High 6–10 % Condition & cash leverage Use KV.ee price‑trend charts  and land‑registry sold‑price extracts  to classify the zone. 2 | Essential Offer Components in Estonia Price & currency  – always euros; avoid “pri

1 | Why Look at Land, Not Bricks? Stable returns  – historical Estonian timber price CAGR ≈ 4 % (plus periodic harvest income). Inflation hedge  – land values and crop prices typically rise with CPI. EU CAP subsidies  – up to €200/ha  every year for qualifying farmland. Low maintenance  – forestry cycles run 20–30 years; no tenants to chase. 2 | Ownership Rules for Foreigners Land Type EU Citizen Non‑EU Citizen Work‑around Arable farmland ✔ (max 10 ha before approval) ✘ Needs

1 | Why Invest in Parking? Lower entry ticket —€6 000 – €20 000 vs six‑figure apartments. High demand  in Tallinn & Tartu where street parking is scarce. Hands‑off management —no tenants, minimal wear & tear. Liquidity —spaces resell quickly on portals like KV.ee and City24. 2 | Price & Yield Snapshot (2025) City / Area Covered Space Outdoor Space Net Yield Tallinn CBD €18 000 €12 000 6 %–7 % Ülemiste City €15 000 €10 000 6 % Tartu Centre €12 000 €8 000 6 %–6.5 % Pärnu Beach

1 | Why FX Strategy Matters 1 %–3 % cost swing  on a €200 000 purchase equals up to €6 000  saved or lost. Banks can take 5+ business days —risking notary delays. AML checks tighten every year; be paperwork‑ready. 2 | Transfer Routes Compared Route Speed Total FX Mark‑up* Daily Limit Local bank SWIFT 2–5 days 1.5 %–3 % € Varies Wise  (TransferWise) Same day 0.35 % €1 000 000 Revolut Business Same day 0.4 %–0.6 % €5 000 000 Currencycloud / OFX T+1 0.3 %–0.5 % €Unlimited Crypto

Why Sort Utilities Early? Delays in power or water hookups can stall renovations, void mortgage conditions, and scare off tenants. Estonia’s digital portals let you activate most services in 48 hours —if you know where to click. 1 | Utility Providers at a Glance Service Main Operator(s) Typical Setup Fee Monthly Fixed Fee Electricity grid Elektrilevi €0–€250 (capacity dependent) €2–€4 Natural gas Eesti Gaas , Alexela €40 meter install €1.50 District heating Utilitas (Tallinn)

1 | Why Consider Passive Platforms? Low ticket size  – invest from €50 – €500  instead of a six-figure down payment. Instant diversification  – spread risk across multiple assets and even countries. Hands-off returns  – platforms or REIT managers handle tenants, repairs, and reporting. 2 | Key Crowdfunding Platforms for Estonian Deals Platform Min. Ticket Typical Net IRR Model EstateGuru €100 9–11 % Secured development loans Crowdestate €100 10–14 % Equity & mezzanine deals R