Buying Properties in Estonia: Parking Space & Garage Investment Guide
- John Philips
- Jul 25
- 2 min read
Updated: Nov 14
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 | €9 000 | €6 000 | 5 % (summer‑heavy) |
HOA fees: €8–€15/month for garage upkeep; outdoor spots often zero.
3 | Legal Checklist
Separate Cadastral Unit – confirm the space has its own Land‑Register entry.
Usage By‑Laws – some condo statutes limit leasing to external drivers.
VAT – residential garages exempt; commercial lots may add 22 %.
Access Rights – ensure 24/7 entry in the deed (key card or gate code).
Height & EV‑charger Retrofits – verify HOA approval path.
4 | Cost Breakdown (Covered Space)
Item | € |
Purchase price | 15 000 |
Notary + state fee | 200 |
HOA reserve contribution | 100 |
Smart lock/card upgrade | 150 |
Total CapEx | 15 450 |
5 | Income Streams
Monthly lease – €95–€130 in Tallinn centre.
Day passes (apps) – €8–€15/day; partner with Barking or Snabb.
EV‑charger surcharge – +€20/month when offering 11 kW socket.
Advertising boards – €200–€300/year if visible from street.
6 | Financing Options
Lender | LTV | Rate (fixed 5 yr) | Note |
Consumer loan | 70 % | 7 %–9 % | Unsecured |
Mortgage add‑on | 80 % | 4.2 % | Add to existing home loan |
Peer‑to‑peer loan | 60 % | 6 %–8 % | Quick approval |
7 | Exit Strategy & Capital Gain
Average annual value appreciation: 2 %–3 % in city centres.
Bundle 2–5 spaces and sell as portfolio to small‑fleet operators for premium.
Convert to EV‑only charging bays—future‑proofs resale.
8 | Bryan Estates Parking Services
Off‑market spots near high‑rise offices.
Lease‑up within 48 h via partner apps.
EV‑charger installation turnkey (grant paperwork included).
Quarterly yield reports in your owner dashboard.
Frequently Asked Questions
Can foreigners buy standalone parking spaces?
Yes—no extra restrictions vs. apartments.
Is an outdoor spot transferable if the land is communal?
Requires exclusive‑use servitude; we draft the notary deed.
Can I Airbnb a garage?
Only if bylaws allow; most HOAs ban overnight stays—use for vehicle storage instead.
Keen to Park Your Capital?
Email info@bryanestates.ee or call +372 123 4567 for a parking‑space shortlist and ROI projection.
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