Commercial space on the 1st floor of a new residential 8-storey building in the center of Tallinn

The building is located on the right side of the Tartu highway leading to the airport, 250 meters from the bus station and 800 meters from the Stockmann department store. High cross. Large display windows, a separate entrance from the street and from the yard. Premises owned 2 parking spaces in the yard. Entry to the yard through an automatic gate opening remote. In front of the municipal car park for customers.

The room is rented. 3-year lease was signed in August 2016.

Lessee - finance company, licensed by the Central Bank of Estonia and engaged in issuing small loans. Tenant pays for utilities and related expenses.

Year of construction - 2016

Rent per month - EUR 1290. 3

ownership costs per year:

Insurance: 108 euros

Local tax: 60 euros

Gross income in the year -15 483. 6 euros

Net income - 15 315. 60 euros

Net yield - 6. 13% per annum

Added to the price value added tax (VAT) of 20%, which is credited the company, which is taxable for VAT.

That is, the buyer must be a legal entity that has taken on record by the NSO in the Estonian Tax Board. Then tax is indicated only by a notary sales contract, the real movement of money does not happen.

We provide services for the establishment of a legal entity and setting its tax registration.

Estonia has the most liberal tax system and favorable investment climate of all the immediate regional neighbors of the Russian Federation. Estonia has a tax rate 0% in 2000. Income tax is charged only when its distribution or use in the form of dividends.