2011 November

17 Nov: Empty Apartments In Estonia Creating More Problems

An increasing number of apartments in rural areas and small towns in Estonia are being left abandoned, as their owners seek employment overseas, according to a report by Sven Randlaid on the website of ERR, Estonia’s national broadcasting network, citing real estate expert Risto Vähi. In a conversation with Estonian radio station Vikerraadio, Vähi explained…

01 Nov: Individuals In The Rental Market Need Tax Exempt Status

At a recent round table meeting of the EKFL (Eesti Kinnisvarafirmade Liidu), an association of Estonian real estate agents, construction companies, developers and other related interests, on 26 October, the question of issues related to tax relief for rental income was raised. The meeting found that, in order to increase transparency and competition in the…