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Estonia – Selling Property

Procedure for Selling a Property Yourself in Estonia:

  • Advertise the property online or in local newspapers
  • Price the property appropriately
  • Prepare and sign a sales contract
  • Register the sale at the Land Register
  • Receive payment from the buyer
  • Transfer the ownership of the property

Capital Gains Tax in Estonia:

  • If a property is sold within 5 years of acquisition, a flat rate of 20% capital gains tax is applied
  • If a property is sold after 5 years, no capital gains tax is applied

Ease of Selling a Property Yourself in Estonia:

  • Estonia is a relatively small market, meaning that competition among properties for sale can be high
  • However, the market is open and transparent, making it relatively easy to sell a property yourself

Property Exchange in Estonia:

  • Property exchange is not a common practice in Estonia, as the market is well developed and the sale process is straightforward

It is worth noting that in case of any doubts, it is advisable to seek the advice of a local real estate professional in order to ensure a smooth sale process.

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