For sale is a compact and tastefully renovated 1-room apartment in downtown Tallinn, in close proximity to the Old Town and all downtown conveniences. The apartment offers a view of the Old Town and is excellent for investment with short-term rental income. In front of the windows is a large 3m² windowsill where you can comfortably spend time and enjoy the view. The windowsill is not officially part of the apartment's floor area, but comes as a "bonus" in addition to the floor space. There is an option to continue the management service on favorable terms, so the buyer doesn't need to invest additional time or money in the apartment.

The building was completely renovated in 2016 by Endover. The building has a 24/7 reception desk, which adds security and convenience. If desired, it is possible to purchase a parking space and storage unit.

NB! If interested, I am also selling three other apartments in the same building:

117,000 € 16.3m² - airbnb.com/h/modern-old-town-view-apartment

122,500 € 19.9m² - airbnb.com/h/stylish-apartment-near-old-town

134,000 € 27.9m² - airbnb.com/h/cozy-loft-near-old-town

Main advantages:

• 1-room apartment with open kitchen

• New Android TV in the apartment

• Air conditioning, as sunlight enters the apartment

• Small floor area - low utility costs

• 4th/5th floor

• High ceilings

• View of the Old Town

• Building renovated in 2016 (Endover)

• 24/7 reception desk

• Possibility to purchase a parking space and storage unit

• Excellent location – Old Town, downtown, public transport, cafes and restaurants nearby

• Good returns and opportunity to continue the management service on favorable terms

• The apartment does not require additional investments, but generates immediate income

Please let me know if you would like to see the floor plans of the apartment(s).

If interested, I can sell/transfer the apartments as a functioning short-term rental service, which means the new owner does not need to make any upfront investment to continue the rental service. If interested, I will provide photos of the apartments with the sale, along with all bed linens/towels and other supplies from the storage unit. You can also rent a heated storage unit with installed shelves for €30/month. As an investor, you can keep management costs very low thanks to the reception desk and the fact that the apartments are in the same location. This allows the apartments to generate high returns.

Apartment's Airbnb listing - airbnb.com/h/charming-old-town-apartment