Estonia’s 3rd largest town, Narva, is situated next to Estonia’s border with Russia, on the Narva River, in Ida-Viru County. The town’s population is around 54,000.
The town is dominated by the 15th-century castle, with the 51-meter-tall Pikk Hermann tower as its most prominent landmark. The sprawling complex of the Kreenholm Manufacture, located in the proximity of scenic waterfalls, used to be one of the largest textile mills of 19th-century Northern Europe.
Narva is located on the international railway line between Estonia and Russia. A daily international passenger train links the two countries: the overnight train between Moscow via St. Petersburg to Tallinn, which stops at Narva.
Average rental prices
Renting a B1 class office in Narva costs around 5.1-6.5 €/sqm/mo, medium-sized retail spaces in shopping centers around 8-24 €/sqm/mo and new and renovated warehouses around 3.5-4.5 €/sqm/mo.