British investors and holidaymakers have been buying property in Estonia for years and prices, particularly in some parts, have consequently increased rapidly. Last year, average property prices rose by 12%, yet Estonian property prices remain well below the European average.
With tourism levels rising, thanks partly to an array of cheap flights now available, rental rates are good. For example, a two bed flat in Viimsi or Piritia, both located next to the beach, can be purchased for in the region of £50,000 and offer a rental yield of around 8%.
Furthermore, there is little complexity involved in buying a property over in Estonia. As an EU citizen there are no restrictions or limits.