Apartment rental supply in Tallinn has fallen in recent weeks, following a period of sustained growth which arrived with the coronavirus pandemic, according to a major national properties portal. Partly as a result of this, rents in the capital are rising.
House Hunting in Estonia: A 19th-Century Manor With Modern Style
The pandemic dealt a blow to Estonia’s housing market, but recent data suggests there are still smart investments to be made there.
By Alison Gregor
$4.8 MILLION (3.9 MILLION EUROS)
This 10-bedroom, 10-bath home, called Staelenhof Manor, was reconstructed from the tower wing of a 19th-century manor house on the banks of the Parnu River, near the town of Tori, in southwestern Estonia.
The original manor house, which was built in 1852 on an estate called Taali, had neo-Gothic and neo-Renaissance elements, and was modeled after Windsor Castle, said Ebe-Kai Mutso, a sales associate with Baltic Sotheby’s International Realty, which has the listing. During World War II, the estate, which historically was associated with the Baltic German noble family Stael von Holstein, largely fell into ruins. In 2005, the current owners purchased the sole remaining wing, which included a four-story tower, and spent more than a deca