Experts expect Tallinn apartment prices to rise: what it means for buyers
On October 1, 2026, ERR reported that according to a 1Partner Kinnisvara survey, 53 percent of real estate experts expect Tallinn apartment prices to rise by up to 10 percent over the next 12 months. This matters to anyone planning to buy or sell an apartment, or to take out a home loan, because price expectations affect both the timing of a purchase decision and the loan amount needed.
What happened and when
On October 1, 2026, ERR reported on a survey conducted by 1Partner Kinnisvara in mid September, which gathered responses from 107 real estate professionals in Tallinn, including brokers and developers. According to the survey, 53 percent of respondents believe Tallinn apartment prices will rise by up to 10 percent over the next 12 months, 41 percent expect prices to stay at the current level, and only 6 percent expect prices to fall.
Tanel Tarum, partner at 1Partner Kinnisvara, noted in the article that optimism has grown steadily over time: three years ago, 50 percent of respondents expected prices to fall, two years ago 25 percent, a year ago 10 percent, and this year only 5 percent. In addition, 44 percent of experts expect the number of transactions to grow alongside prices, while 38 percent believe the transaction volume will stay at its current level.
What the price outlook means for a buyer's wallet
When experts forecast a price rise of up to 10 percent, it helps to look at this through a concrete example. Suppose an apartment currently costs 150,000 euros. If the price rose by the maximum forecast of 10 percent within a year, that would mean a 15,000 euro increase (150,000 x 0.10 = 15,000), bringing the new price to 165,000 euros. This is simple arithmetic, not a promise, since the experts' forecast is an estimate rather than a guarantee, and 41 percent of respondents actually expect prices to remain unchanged.
For a buyer, this means that delaying the apartment search and purchase decision could theoretically become more expensive if the market really moves this way. At the same time, it is worth remembering that the survey reflects expert expectations rather than actual price statistics, and the Tallinn apartment market consists of very different neighborhoods and apartment types, whose prices may not all move in the same direction.
How a price rise affects the home loan monthly payment
If the apartment price is higher, the required loan amount usually grows too, and so does the monthly payment. Based on the annuity loan calculation behind the minukalkulaator.ee home loan calculator, we can show how a 15,000 euro difference in price changes the monthly payment through the loan amount.
For example, for a 150,000 euro loan over 25 years at a 4.0 percent interest rate, the monthly payment is 791.76 euros, and the total interest paid over the term is 87,526.58 euros. If the loan amount grew to 165,000 euros due to the price rise, that would represent roughly a 10 percent larger loan burden, meaning a correspondingly higher monthly payment and interest cost. Anyone can calculate the exact figures for their own amounts and interest rate using the home loan calculator, by entering the loan amount, interest rate, and term.
What to check with the rental yield calculator
For those considering buying an apartment as an investment rather than as a home, it is also important to see how a price rise affects rental yield. If the purchase price of an apartment rises but rent does not grow at the same pace, the percentage yield decreases, since the same rental income is now spread over a higher purchase price.
The rental yield calculator can be used to work out the annual yield as a percentage of the purchase price, once the apartment price and annual rental income are known. This helps an investor assess whether buying an apartment in a market that has become more expensive is still a sound move, or whether the yield would be too low compared with other investment options.
What this figure does not show
The survey reflects the opinions of 107 real estate professionals in Tallinn, not actual price statistics or any specific neighborhood or apartment type. While 53 percent expect prices to rise, that still leaves 47 percent of experts who expect prices to stay flat or even fall. This means a purchase or sale decision should not be based on a single forecast alone.
Anyone planning to buy or sell an apartment soon should work through their own specific situation: how large a loan is possible, what the monthly payment would be at different interest rates, and whether the deal makes sense from an investment standpoint in terms of yield. These calculations can be done with the home loan calculator and the rental yield calculator, using your own real numbers rather than the experts' average expectation.
Source: ERR, Üle poole ekspertidest prognoosib Tallinna korterite kallinemist (2026-10-01)
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