Majority of people are looking for a new home and not just a house or a flat while surfing through hundreds of real estate ads. They are imagining cooking in the kitchen, hosting a party in the backyard, relaxing in the living room after a long day at work and so on. So how to…
Selling Property
In an Estonian average, 5.7 years’ mean net wages have to be paid on a transaction with an apartment. In Harju County, wages are higher; however, real estate there is also the most expensive. As a result, far more – 7.4 years’ wages – has to be paid on an average transaction with an apartment…
The Estonian Tax and Customs Board sometimes seems to use unlawful measures to limit the taxpayer’s right to deduct value added tax (VAT), report Law Firm LEXTAL attorney-at-law Ants Karu and lawyer Margus Reiland. Obligation to pay VAT usually lies with the seller of goods (e.g. apartment ownerships or immovables). As a general rule the…
Tallinn property transactions fell in October in comparison with the previous month, according to Tõnu Toompark’s blog Adaur.ee (available in Estonian only). Citing figures compiled by Tallinn real estate agents 1Partner Kinnisvara, transactions fell by 12 per cent, from a figure of 482 million Kroons (c. 30.8 million Euros) in September to 423 million Kroons…