A commercial property investment opportunity is currently available in Estonia, specifically in Tallinn. The price per share stands at €200, with an estimated minimal return of 9.2% and a property value of €60,000.
The construction of the Künka Stockoffice is progressing steadily, with the project currently at 20% completion. The developer has already invested significantly in the project, including land purchase in 2021 and foundation construction, amounting to 71% of the current stage total.
The future value of the completed Künka Stockoffice is projected to be €836,000, with an estimated value of €940,000 after five years, indicating a strong potential for a significant return on investment. The project's strategic location ensures high market demand and minimal competition, making it an attractive option for potential tenants.
Thörn Properties OÜ, the project owner, boasts over 14 years of experience in constructing residential and non-residential buildings. The Künka Stockoffice project aims to develop a commercial rental property with a total rental area of 1,042.2 m², catering to medium-sized manufacturing companies and investors seeking rental premises.
The project benefits from a prime location between the Paldiski commercial port and Tallinn, offering excellent connectivity for businesses. With a solid infrastructure in place and a clear repayment plan, the project is designed to remain profitable in changing market conditions, ensuring positive cash flow and financial resilience.