Ideal Airbnb investment in the Old Town

Harju maakond, Tallinn, Kesklinna linnaosa, Lai tn 15

Info

  • Size : 49.1 m2
  • Plot size : 0.00 m2
  • Bedrooms : 1
  • Bathrooms : 1
  • Floor : 4

199000 €

Irina Murnikova

Real Estate Professional

+37258085300 irina.murnikova@signature.ee

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Listing

A cozy one-room studio apartment in Tallinn’s Old Town is now for sale. This is an ideal investment opportunity with an excellent location for short-term rentals such as Airbnb.

The apartment features high ceilings and a well-thought-out layout. It consists of a living room with a kitchenette, a bathroom, and an entrance hall. The apartment is bright, quiet, and offers very good sound insulation.

The historic building received its current appearance according to the design of architect Carl Ludwig Engel, who served as the city’s master builder of Tallinn from 1809 to 1814. The building has been thoroughly renovated during the current decade using modern construction methods while carefully preserving valuable historical architectural details.

The building at Lai Street 15 is a historic property in Tallinn’s Old Town, renovated by the company Restor. The building dates back to the 15th century and was once part of the Old Town’s defensive system. During the renovation, original architectural elements such as massive stone walls and historic vaulted ceilings were preserved, while modern comforts and technical systems were added. The building’s façade and courtyard have been carefully restored, creating a harmonious balance between historical character and modern living.

Tallinn’s Old Town is unique for its well-preserved medieval atmosphere and street network, mainly formed between the 11th and 15th centuries. Its special character is defined by narrow cobblestone streets, historic buildings, and notable architectural landmarks such as Toompea Castle, Tallinn Town Hall, as well as numerous churches and merchants’ houses. This exceptionally well-preserved environment is one of the reasons why Tallinn’s Old Town is included on the UNESCO World Heritage List.

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