Grand Tallinn Old Town apartment with balcony in excellent condition.
This classy and tasteful 99 m2 upper floor loft type Tallinn Old Town apartment was built in 2012 and refurbished in 2017 combining elegant art deco elements with the historical feel of the apartment.
The apartment’s size is 99,3 m2, total floor area 121 m2 (adding the areas under slanted wall sections). The spacious two-level apartment has 4 rooms, 3 on the first and 1 on the second level. First level features a bed-room with a walk-in wardrobe, a living room with balcony, a dining room with a large kitchen, and bathroom. The second level has a second bed-room, suitable also as a guest-room or office. The layout provides plenty of light, storage spaces and potential to add furniture.
The apartment has a 4,6 m2 balcony with wonderful unique views towards the Upper Town (Toompea) and the city wall. The view also opens from the living room windows. The interior design features a spacious 9 m2 walk-in wardrobe, granite and marble tabletops in the kitchen and bathroom, custom-built furniture, high-end wallpapers and curtains.
Located on the 4th floor rising above the rooftops of surrounding buildings, the apartment is private and quiet with little street-noise. The apartment has a pleasant, natural-feeling internal climate, is centrally heated and features additional air conditioning units and adjustable ventilation. There is no small-particle air pollution from traffic or street level dust (otherwise common in city centre areas). The insulated red tile roof ensures proper heat insulation and shields against the noise by rain and wind.
The historic stone building of Lai 2 (oldest parts originating from the 16th century) underwent a complete rebuild in 2012. The building’s roof, walls and systems (waterworks, ventilation, electricity, heating, grid connections and alarm systems) were fully renovated or replaced and modernised.
The building is located next to the Upper Town (Toompea) entrance to the old town nearby the Upper Town wall. The nearest shopping centre and a fine local market (Baltic Station market) are within a 6 minute walk. Town Hall Square within a 1 min walk. Public transport is 450 meters away. Numerous restaurants and other venues nearby.
The utility expenses (including water and electricity) average 150-180 euros in summer and 280-320 euros in winter. The building is maintained at high standards and has a properly functioning and competent condominium association.
Parking within the old town is granted by a yearly city permit costing 10 EUR per month. The same permit also allows parking in several other central Tallinn areas.
Aside from use as a permanent residence, this prime location apartment is well-suited for long-term investment and for renting out, considering among else the modest demands for owner participation in the maintenance of both the apartment and the building.