Estonia is not usually at the top of property investors’ lists when they are looking to buy new property. Partly, this has been because foreign ownership of real estate has been tightly controlled and regulated along with the fact that Estonia has been occupied or controlled by other nations for much of it’s recent history.

However over the past decade or so, Estonia has gained it’s independence, the government has started to liberalize laws regarding foreign property ownership, and the Estonian Tourist Board is working hard to promote the country around the world. All this means that Estonia is starting to become one of the most hotly tipped places in Eastern Europe to buy.

European Union membership appears to be sitting well with Estonia as they being a marketing drive to attract more tourists to the country. EU grants are being used to promote the country as a tourist destination, focusing particularly on areas outside of the capital Tallinn.

Estonia is rapidly becoming one of the countries of choice for Eastern European foreign property investors – with it’s strong economy, shortage of new property, an up-to-date computerised land registry system, low taxation levels and low levels of corruption, it is no surprise that real estate investors are looking on Estonia favourably.