Commercial property for sale, 3916 m²
Viru väljak, Tallinn
10.980.000 €
2.804 €/m²
Listed Aug 17, 2026
About this listing
There is a unique operating hotel available for sale, which is located in one of the most prestigious parts of Tallinn – in historical and atmospheric Old Town.
Hotel building is full of unrivalled and beautiful details. This sophisticated medieval-style hotel provides unique and comfortable atmosphere, offering 82 guest rooms, on-site parking, conference rooms that are capable of hosting up to 45 persons, fantastic restaurant with modern Estonian cuisine, cozy café and bakery as well as a perfect location in the heart of Tallinn. Rooms of the hotel offer great views of Tallinn's Old Town. All of the rooms have a TV, free Wi-Fi, sleeping and sittings areas, telephones, coffee and tea making facilities and private bathrooms. The categories of the rooms include Standard, Superior or Suite rooms along with several rooms with Finnish saunas. Hotel includes 5 floors and its net area is 3 916 m2.
Building naturally combines medieval architecture with modern technical equipment. There is a spacious restaurant located on the 1st floor of the hotel, which is also meant for serving breakfasts or could also be used for arranging special events. Additionally, cozy café and bakery that attracts clients from the main street of the Old Town spreading a smell of fresh bakery and coffee. Hotel is being sold with all the furniture, technical equipment and further inventory. Additional value and comfort are being added by the availability of a private parking in the courtyard.
Hotel is located right in the heart of Tallinn's Old Town, in a close vicinity to historical museums, medieval churches, art galleries, fine dining restaurants and sightseeing places. The best what Tallinn has to offer is at its doorstep - which makes it a perfect choice for both leisure and business travelers. It is located in a close vicinity from Viru Square, which separates the Old Town of Tallinn from the modern business part, creating contrast though harmonious architectural connections between ancient and modern. Hotel is conveniently located in only 100 m away from the central Viru Square, 1 km from the Balti Jaam railway station, 2 km from the Tallinn's harbor and 5 km from the Lennart Meri airport.
Old Town of Tallinn has managed to wholly preserve its structure of medieval and Hanseatic origin. Old Town represents an exceptionally intact 13th century city plan. Since 1997, the area has been registered in the UNESCO World Heritage List. Old Town is definitely one of the most beloved and desired locations in Tallinn both for locals as well as for foreigners. With its narrow romantic streets, medieval buildings and quaint Christmas markets, the city of Tallinn resembles a scene from a fairytale or a Christmas card. This is an ideal investment opportunity in the operating commercial real estate of Tallinn Old Town! For further information or a viewing please contact me by phone or e-mail!Show more
What's included
Parking
Key Stats
Key Stats
Floor Area3916 m²
Listed on
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Estimated monthly payment
45.401 €/mo
Down payment20 % · 2.196.000 €
2.196.000 €8.784.000 € loan
Term
Total repayable13.620.204 €
Interest rate3.80 %
Representative estimate · Landomo is not a mortgage broker. · Rates updated April 2026