Investment Opportunity: Rija Old Town Hotel, Tallinn.
Total area 1232 m², private property, stone house
Additional information: bath, separate toilet room and bathroom, lift, high ceilings, street entrance
Sanitary arrangements: shower, urban water
Heating and ventilation: central heating
Kitchen: kitchen
Communications and security: Internet
Captivating hotel in the heart of the Old Town- Rija Old Town Hotel.
Seize the chance to own a prestigious hotel property in the heart of Tallinn’s UNESCO-listed Old Town. The Rija Old Town Hotel is a unique blend of medieval charm and modern luxury, built into the city’s original fortifications.
Renovated in 2021, situated in a quiet part of Tallinn's Old Town.This turnkey investment offers a rare opportunity to acquire a fully operational and highly profitable hospitality asset in one of Northern Europe’s most sought-after locations.
Prime Location & Timeless Appeal
Situated in the heart of Tallinn’s Old Town, a UNESCO World Heritage site. Surrounded by historical landmarks, museums, medieval churches, art galleries, and fine dining restaurants.
Just 350 m from Town Hall Square, 800 m from Balti Jaam railway station, 1 km from Tallinn Harbor, and 5 km from Lennart Meri Airport.
A thriving tourism hotspot with a steady influx of international and business travelers
Property Overview
* Total area: 1,232 m² | Plot size: 535 m²
* Floors: 3 above ground | Basement level with additional facilities
* 41 elegantly designed guest rooms, accommodating up to 87 guests.
* Renovated: Comprehensive renovation completed in 2021
Amenities.
* Spacious restaurant on the ground floor.
* Fully equipped professional kitchen.
* Outdoor terrace adjacent to the restaurant.
* Well-maintained technical infrastructure, including central heating and heat recovery ventilation.
* Elevator access.
* Relaxation lounge and dedicated staff facilities.
Strong Operational Performance
* Fully managed and operated by Mogotel Hotel Group, a well-established hotel management company
* High occupancy rate, driven by Tallinn’s strong tourism and business travel market
* Turnkey investment – sold with all furniture, technical equipment, and inventory, ensuring immediate revenue generation
Competitive Advantage & Growth Potential
* Located in one of the most desirable real estate locations in Tallinn
* Consistent demand from both leisure and corporate travelers
* Historic charm & modern comfort – a rare combination that attracts high-value guests
* Potential for revenue growth through event hosting, exclusive dining experiences, and enhanced marketing strategies
* Well-positioned to benefit from the increasing popularity of Tallinn as a top-tier European destination
Investment Details
* Price: €3,900,000 (excl. VAT)
* Sale includes:
* Fully operational hotel business
* Furniture, fixtures, and equipment (FF&E)
* Established brand presence with an existing customer base
This is a rare opportunity to acquire a fully functional, historically significant, and revenue-generating hotel in one of the most coveted locations in Tallinn.
For further details and investment inquiries, contact us today.
