Vinkli 13, Tallinn

Vinkli 13, Tallinn, Estonia (Show on map) House

Object overview

Given property consists of 22 office rooms with the total area of 447m2 commercial property rented as office space with the valid rental contract. We have the possibility to rent them together as one unit or separately, depending on the agreement. Latest investment value: 200 000 EUR (includes 20%) VAT.

Mustamäe is a residential district with one of the best micro-climates in Tallinn. It is well connected with the city center, which is only 5 km away from our property. Estonian biggest Technical University (TTU) is located in this part of the city and attracts students into this area. Here is also located the medical campus, Science & Business Centre Tehnopol, higher education institutions, as well as trade outlets and community services, and more. The industrial part of the area is also evolving rapidly with a large number of production and warehouse buildings in the immediate vicinity.

The property's perspective location will be a key factor in the rise of its value and increased demand for smaller Offices with low maintenance fees. Directly bordering the building - a new industrial park is in development which along with all the neighboring businesses can be a successful source for long-term tenants. At the same time, there is intensive construction or residential apartments in neighboring districts which will increase the density of population in given region

Investment case

The Property for investment with the address Vinkli 13, Tallinn, Estonia is a Commercial building. The property benefits from existing rental contracts with local companies and closed location to Estonian biggest Technical University, which is "birthplace" for numerous startups.

Reinvest24 is listing 2 000 000 shares with the price of 0.1 EUR per share, min. investment - 100 EUR.

Reinvest24 investors have an opportunity to invest up to 200 000 EUR into Vinkli 13 property and receive a proportional part of the Project rental profit and capital growth, paid out as variable interest. Offices require renovation after funding and missing office equipment will be purchased. That will allow for higher attractiveness and renting price.

The property will be managed by our agent and renovated step by step right after funding received. Existing tenants will be moved to renovated offices and the new ones will be found in short period of time, as offices up to 15 m2 and reasonable price are in a deficit on the market. Closed location to University will higher Vinkli 13 attractiveness among small entrepreneurs.  

We have managed to acquire the property itself for at a 10% discount from the evaluation price. The discount more than covers the costs of all fees and first months of maintenance.

Our investment strategy is to increase property attractiveness with renovation and higher occupancy rate. Investors will be earning from rent and capital growth. The property will be secured by mortgage of property held by Collateral Agent.


€200,000 Latest Valuation
€0.10 Latest Share Valuation
Latest Property Value €180,000
Amortised Purchase Costs €20,000
Latest Valuation €200,000


Appraisal Report Download
Land Register document Download
First Floor Plan Download
Second Floor Plan Download

For all other information about this investment, see the attached documents.

Safety guaranteed

This object has passed Reinvest24 test and recommended for investment.

Object price €200,000
0% €200,000
Net Yield 7.87%
Gross Yield 12.46%

Min. amount of investment - €100