3-room apartment for sale in Vanalinn, Rataskaevu 9, Tallinn

CUSTOMER DAY ON MONDAY 2.11 FROM 13-19
SPECIAL CUSTOMER DAY PRICE 259 000€ (PREVIOUS PRICE 268 000€)
NB! Prior registration for the customer day is required!

A rare apartment with multiple usage possibilities (84 m²) has come up for sale in a prestigious historical stone building.
If you are looking for a property in Tallinn Old Town that would yield maximum rental returns or if you wish to create a unique home for yourself, this offer is just for you.
Suited well both as a residence and, for example, a combination of home and office. (The premises have been used as an office – 1–2 companies have operated there, including a travel agency for about two years; additional info available upon request.)

LAYOUT: ONE APARTMENT OWNERSHIP, TWO SEPARATE LIVING SPACES
The apartment is smartly and functionally divided into two completely independent living spaces with separate entrances:

1. PART (~48 m²): Entrance directly from a representative stairwell. Consists of a spacious hallway, bathroom/WC, living room with open kitchen, and bedroom. Excellent views of the historical Rataskaevu street.
2. PART (~36 m² + extra space): Private entrance from the courtyard through a historical archway. Consists of a kitchen, living room, bedroom, and bathroom with sauna. Additionally a 5.72 m² hallway/anteroom, which is not reflected in the official total area – the actual usage ownership is therefore even larger!

Note: The apartments are easy to reconnect into one large and dignified living space if desired.

TECHNICAL DATA AND AMENITIES
Floor: High 1st floor (ensures comfortable access while maintaining better privacy).
Heating: Currently, the apartment has electric heating, which allows flexible cost optimization based on actual consumption and season. A WiFi-enabled radiator was recently installed in the apartment; switching to gas heating is possible.
Condition: The apartment is sold fully furnished with functioning kitchen appliances and washing machines. In the summer of 2026, a refresh was carried out in the apartment. (New parquet was installed in some rooms, walls were painted, and the condition of sanitary rooms was refreshed).
Great views: Through-the-house layout – windows open simultaneously towards Rataskaevu and Dunkri streets, offering wonderful views.

UTILITY COSTS AND HEATING
Monthly maintenance costs of the apartment are very reasonable for the Old Town. A functioning and strong apartment association keeps the building in good condition and repair fund payments are optimized. Utility bills (repair fund, water, garbage collection, etc.) are permanently low, to which gas and electricity costs are added according to consumption. More detailed bills and cost history are available on site or by e-mail.

PARKING
Parking is possible on nearby streets based on the Tallinn city resident tax discount. With registration, the annual parking permit fee is 120 euros (which is only 10 euros per month), allowing unlimited parking on designated Old Town streets.

WHY IS THIS THE BEST CHOICE FOR AN INVESTOR?
Double rental income: You can rent out two separate apartments simultaneously.
High demand: Rataskaevu street is one of the most beloved locations in the Old Town among tourists and locals. Town Hall Square and St. Nicholas' Church are just a minute away.
Low fixed costs: A functioning apartment association and flexible heating framework ensure low costs during periods when no one is staying in the apartment.

LOCATION
The apartment is located in a UNESCO World Heritage area. Within a few minutes' walk are the best restaurants, cafes, Old Town Rimi grocery store, Balti Jaam Market, and Telliskivi Creative City.
Excellent transport connection with the rest of the city.

Katrin Lehtjõe
Arco Vara City
Tel: +372 58251242
katrin.lehtjoe@arcova