Hotell Fonnental in Tallinn's Kadriorg District Put Up for Sale

A property in Kadriorg, a district of Tallinn, the capital of Estonia, that houses the Hotell Fonnental hotel and the Gourmet Coffee cafe has been put up for sale. Its owner, the company Baltinn OÜ, is asking €4,836,000.

The sales listing describes the property as a complete investment object in the heart of Kadriorg. It includes a 35-room boutique hotel and 306 square meters of cafe and catering space. The building is being sold together with the furniture, equipment and inventory required to run the hotel.

According to the listing, two tenants with rental agreements operate in the building, giving the owner regular and stable rental income. One of them is the Gourmet Coffee cafe, which has been in the location for 16 years. Heili Politanov, who runs the cafe, said her lease still has three years to run. She said she is not worried about a change of ownership, as what happens next depends on who buys the property, or whether anyone does.

Reason for the sale

Irina Sopina, a representative of Baltinn OÜ, said the reason for selling is a wish to move on. The company has been in the building since 2018, and running the hotel is profitable, she said. Whether the existing leases continue will be decided by the new owner.

About the company

Hotel Group Baltinn OÜ is a private limited company registered in 2024, with hotels as its registered field of activity. According to its latest annual report, its sales revenue in 2025 was €558,640. The Business Register lists Danila Sopin and Edward Vinogradov as the owners of the company.