3. Contents
Leonardo Golf Village 5
Executive Summary 6
Investment Highlights 7
Mission 9
Estonia 11
Map of the area 12
Whitebeach and Pärnu 15
Valgeranna 17
Whitebeach Golf 18
Overview of the Village 21
Villa A 23
Villa B 24
Villa C 25
Apartment Buildings 26
Study on Greenery 26
Blue Lagoon Sport Centre 27
Study on Greenery 28
Energy Efficiency 29
Image 30
Brand and Concept 31
Target Marget 32
Erel Group 34
4 COLLIERS INTERNATIONAL
5. Leonardo
Golf Village
“Life is pretty simple: you do some stuff. Most fails. Some works. You do
more of what works. If it works big, others quickly copy it. Then you do
something else. The trick is the doing something else. “
Leonardo Da Vinci
Our team has collaborated long and created design to offer you a piece
of prestige, by doing this “something else” - the Leonardo Golf Village
located in the heart of one of the best known vacationing and tourism
regions in Estonia and the wider Baltics, the White Beach area of Pärnu.
The Leonardo Golf Village is an unparalleled opportunity to acquire
unique property in a secured development, offering affordable luxury
lifestyle of branded living. It is about owning a part of Leonardo Golf
Village resort with 69 villas, 10 apartment buildings of italian design,
with service facilities and common areas nearby one of the most
suggestive golf courses.
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6. Executive Summary
PROPERTY
Leonardo Golf Village is an outstanding real estate development nestled in the heart of Pärnu bay coastline, with 69 three to five
bedrooms splendidly appointed villas, 10 apartment buildings, with 1 to 4 bedrooms, restaurants and shops, gym, pool, sport facilities
and common areas. Below you will find sample villas.
Leonardo Golf Village is in close proximity to Whitebeach (in Estonian respectivelyValgeranna) 18 holes golf course and Valgeranna beach.
The unique nature of the surroundings gives the resort a special character of a branded living.
AT A GLANCE
Name Leonardo Golf Village
Valgeranna, Audru Parish, Pärnu County, south-western
Location
Estonia
Opening Year Constructions began 2012
Village 69 villas, 10 apartment buildings
Food & Beverage Restaurant, 2 grocery stores
Swiming pool and gym
Tennis field, basketball field
Other Facilities Cycling roads, motocrossing roads
Security, kindergardens, schools in the area
High-speed internet and HD TV
Artificial lakes
Property management by Erel Group AS, under the Leonardo
Management
Golf Village branding, turn-key projects
Villas 69, three to five bedrooms and saunas
Five 3 storey and five 4 stotey buildings , 240 apartments from
Apartment Buildings
1 to 3 bedrooms, with saunas
The villas and buildings are projected to reach A class of
Energy Efficiency
energy efficiency if requested by the acquirer
Land Area 178 500 sqm
Architect Achille Michelizzi, Italy
Greenery Kersti Saloste, Estonia
Communication High speed Internet, digital HD TV
Infrastructure Gas, electricity, communications, main drainage, street lights,
house canalization, quality roads in the village with a 5-level
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asphalt LEONARDO GOLF VILLAGE 4
7. Investment
THE HEART OF PÄRNU
The location of Leonardo Golf Village leaves nothing to be desired. The
Highlights
residents are positioned near two golf courses – White Beach Golf and Audru
Golf. Valgeranna Adventure park and Audru Rallycross Track. These are
some of the entertaining activities you can enjoy with family and friends in
the most beautiful places in Estonia and the wider Baltics. A cycling road
brings one to Pärnu in city centre in some 15 minutes, with a big shopping
AS NEW ASSET OPTIONS AND OPPORTUNITIES centre at a walking distance. Pärnu Bay coastline has the best beaches, out of
The Council of Rural Municipality of Audru The project includes 69 villas of 3 different typologies,, 10 buildings with 3 which Valgeranna beach is the nearest to Leonardo Golf Village, with its
approved the Detail Plan of the real properties on and 4 storeys, apartments from one to three bedrooms, all built to reach A white sands. Pärnu beach is very popular with the locals and tourists and lies
May 6th 1999 located near the White Beach golf. class energy certificate, with service facilities and common areas like tennis near Pärnu city. The Resort and Conference Centre Villa Andropoff is
Leonardo Golf Village project started in 2007. field, basketball field and cycling road. The selection can be made between suitable for holding conferences.
The main infrastructure such as roads, three types of villas (A, B, C) and various types of apartments. Sample villas
streetlights, water, main drainage, gas pipelines, will be open for visits. As the projects are fixed, but buyers have the chance
internet cables’ network, electricity, etc. were to choose among various solutions of electrical automation and heating,
INVEST IN ESTONIA
setup to the village the same year. whereas the house is designed on energy saving and house automation.
Estonia is attractive for investors. Since joining the EU and NATO in 2004,
The resort is managed by EREL Group AS, an Last but not least, interior architect is available to adopt the need of the
and adopting the euro in 2011, Estonia has experienced phenomenal
experienced real estate fund manager and customer. In addition, you will gain ownership of LGV Consorcium as
economic growth. Today, Estonia´s government debt is among the lowest in
developer operating in Estonia since 1998. well.
Europe and the economy has shown considerable endurance to the global
economic crisis thanks to reservers previously collected. The country is a
member of Eurozone and OECD, being the first in the region.
HARMONY IN DIVERSITY Estonia is ranked among the top 25 out of all countries in the Ease of Doing
The design focus is enriched with splendid Italian design by architect
Business index by The World Bank Group. Estonia is also one of the most
Achille Michelizzi. The uniform development design standards and
internetisized countries in the world. Tallinn has long been elected to the top
construction guidelines ensure that the overall atmosphere of Leonardo
7 list of World Top Intelligent Communities. Estonia has strong economic
Golf Village preserves the harmony of the main architectural project. To
ties with Finland, Russia, Latvia and Sweden, and the Estonian business style
create a home that is truly your own, in Leonardo Golf Village you can
is very western, supported by strong technological and innovative solutions.
customise the interiors yourself or in cooperation with our designers from
Today, the business regulation is less rigid than in the neighbouring Nordic
Estonia, Russia or Italy.
countries. And less bureaucratic than in the rest of the Baltics.
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9. Leonardo allow the buildings to reach A level energy saving class. Most materials
have accurately been chosen to be ecological and energy saving. If A+
Golf Village
class of energy saving level if desired, meeting the necessary
requirements through investments is simple. The homes are built
domotic, that is - intelligent. The village is equipped with all
communications, high internet allows families to work remotely from
homes and to commute.
CONSORTIUM
The buyers of Leonardo Golf Village will become the owners of a
lifestyle village, where a lot of attention is paid to the looks and design:
the inhabitants will become the owners of the condominium, to which
3% of sales price will be given for investments into greenery and
embellishment of the area. The consortium will be active in promoting
the area as well as in taking care of the condominium.
TREND-SETTING
Its overall concept makes Leonardo Golf Village a trend-setter in the
Baltic Sea region. Differently from most developers, the village is ready
with all its communications, roads, lights and brand, supported by the
idea-carrying architecture, embellishement of the area and the da Vinci
MISSION HOMES targeted greenery. All constructions in the area are designed by Italian
The mission of Leonardo Golf Village is to offer The buyers have the privilege of personalizing their architect Achille Michelizzi to ensure the completeness of the village,
affordable luxury lifestyle of branded living in villa, if requested – changing the overall plan, colors, while the greenery and attributes are chosen by landscaope
design villas and apartments in one of the most energy saving level. You have total freedom to architect Kersti Saloste to carry da Vinci message and
beautiful area of Estonia and the Baltics. customize the interior design of your home site to support the brand.
create a place that is truly yours. The building
materials of Pontarolo Srl, such as prize-winning clima-
blocks,
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10. Tallinn
Estonia
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11. Estonia,
a land of norther light cyber cafes and flat tax
Over 90 mln people live in the Baltic Sea Region, one of the most prosperous areas in the world. In the range of 500
km from Tallinn, some 25 mln people live.
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12. 9 11
8 7
10
1 Elu r
o ad 6
ula
-Lih
Pä rnu
V al
ger 5
4
ann
a ro
1. Leonardo Golf Village
ad
2. White beach Golf
3. Villa Andropoff
4. Doberani beachouse
5. Valgeranna adventure park
2 6. Audru river
7. Audru racing track
8. Audru Golf
9. Pärnu airport
3 10. Shopping mall
11. Pärnu city
14. 1
Pärnu Yacht Club 4
She’s all just harmony and wonder,
2
Higher than passions and the world,
She rests, with her sweet shyness, under
Her beauty’s ritual abode;
She looks around self in silence:
There’re no contenders hers, no friends,
Our beauties’ circle, pale and blend,
Fades out in her dazzling brightness. 8
9
3
A.Pushkin 3
3
LEONARDO GOLF VILLAGE 13
15. Location
Whitebeach and Pärnu 5
Leisure. Pärnu is home to a variety of shops, selection of great places to eat, as well as
the Endla Theatre and several relaxing town parks. Pärnu was the hometown of the
grandparents of the famous poet Pushkin and a destination for Swedish kings.
Leonardo Golf Village is located just few kilometers from the city centre. From this 5 6
incredible vantage point, you and your family will be at the crossroads of a wide
variety of dining, shopping, arts, and various outdoor activities.
Historical. Pärnu is a historical beautiful resort, a seaside city with a small harbour in
the South-West of Estonia. It is easaly accessable from Riga, Tallinn and St.
Petersburg. The city is famous for its spa’s, shallow white sandy beaches and parks,
and healing muds. One can take passenger ferries from Pärnu to reach numerous
Estonian islands, or have a relaxing weekend in a hotel or thermal Spa of this heart-
warming town.
Summer Capital. Pärnu, a former Hanseatic town, is a West-Estonian city with well-
established traditions. It holds the title of summer capital, for over ten years by now,
7
being thus rich in cultural events, festivals, concerts and happenings. Pärnu is
recognised for its health resorts and spas for privileged people, whose experience
reaches over 170 years.
Health curort. At the beginning of 2006, the World Health Organization designated
Pärnu as a full member of the Healthy Cities Network. Essentially, it means the City of
Pärnu wants to be a city promoting healthy lifestyles, ensuring good health for its 8
9
residents and visitors.
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16. 11
12
10
www.sassitalu.com
4
4
9
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17. Location
Valgeranna
LOCATION Valgeranna, Audru Parish, Pärnu County, South-Western
Estonia.
VICINITY 128 km from Tallinn,
189 km from Helsinki,
510 km from Stockholm,
190 km from Riga, and Jurmala
500 km from St. Petersburg,
1040 km from Moscow,
1100 km from Oslo.
A few kilometers from Pärnu, Estonia's Summer Capital lies Valgeranna (Whitebeach).
The Whitebeach area is located half-way between Tallinn and
Valgeranna is one of the most beautiful sandy beaches in Estonia and in the wider Baltics. Riga. 3 km from Whitebeach there is Manilaiu port with
It is a popular beach among local vacationers as well as for those arriving from departures to the islands. Kihnu and Ruhnu islands are
reachable by a walk or car-drive on frozen seas in the winter,
surrounding countries. The seaside is protected from the Northern winds by a pine forest
and boat in the summer.
SURROUNDINGS The area is rich with leisure time attractions: adventure parks,
and is open to the sun all day long. In addition, nearby the White Beach golf course is
beach (Valgeranna Seikluspark), golf (Audru and Whitebeach
located, with domes, hills and ponds providing pleasure for the eye when driving to Golf), motocross road (Audru Ring), cycling roads, horsing
Valgeranna beach, as well as Audru Golf course. activities (Swedish owned Sassi talu), minigolf at Villa
Andropoff, supermarket nearby, beach houses etc. There are
Valgeranna, together with Pärnu, has long been one of Estonia’s most popular holiday
new schools, kindergartens, shopping centres, spas, hospitals in
destinations. The upper class residents once enjoyed the privacy and natural beauty of the
14 this area.
area. From a later period Villa Andropoff –the historical summer residence of the elite, ACCESS Pärnu has rairload, bus and ferry connections in addition to a
now offers housing and the capacity to host conferences. Doberani Beach house dates good road network Tallinn and Riga. Valgeranna has road
back to the first republic era and operates as a hotel and cafeteria. connections to Tallinn, Haapsalu, Tartu, Paide and Riga in
Latvia. The area of Valgeranna is connected to the city of
Remembering its history Valgeranna is committed to growth. In addition to Leonardo Pärnu with a cyclable road. Local airport in Pärnu has regular
Golf Village new kindergarten is ready, and Pärnu's biggest shopping center (total of 16 connection between Estonian islands, and for charters from
Helsinki and Stockholm. All the main airports are
000 m2) is being built in the area. 9
approximately 120 km from Valgeranna (Tallinn, Riga and
Helsinki).
LEONARDO GOLF VILLAGE 16
19. Whitebeach
Golf
The White Beach Golf course, which is designed by DASafa architect Kosti Kuronen, is a 18-
hole links type course. The course was opened in 2005 and is an ample challenge for
professionals, however, also offering the enjoyment of succeeding in golf for beginners.
As a special character of the White Beach Golf course in the Audru River bordering the course
with several other water areas and “dune views” which add to the challenge of the game and
offer a breathtaking image of the course.
The White Beach Golf course is situated near the city of Pärnu and in the very near vicinity of
the Pärnu Gulf and hotel Villa Andropoff.
www.wbg.ee
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21. Overview of
The Village
Each plot is integrated from two plots. These plots were integrated on June 27th
2006 into one unit. The total acreage of the new plot is 178 500 m². The resort
includes 69 three to five bedroom villas, apartment buildings.
AT A GLANCE
Address Kasteheina tee, Pärnu county
Villas 69, three to five bedrooms, sauna, garage
Apartment Buildings 10
Golf Course Holes 18
Restaurants 1
Sport Centres 1
Greenergy Kersti Saloste
Concept by Achille Michelizzi, Italy
Architect
Interiors by Estonian or Russian architects if desired
Beach and golf hotels, motocross roads, shopping centres, sandbeach, schools,
Surroundings kindergardens, adventure parks, rallycross track, canoing, horse riding, golfing, cycling
road from the village to Pärnu city centre,
High speed Internet and Digital TV, gas, electricity, water, roads, streetlights, drainage,
Communication
canalization, asphalted roads.
Other The roofs of villas are built as usable terrace area for sunbathing and leisure time
19
EREL GROUP AS LEONARDO GOLF VILLAGE
22. Beach of Pärnu
Pärnu City
Whitebeach (Valgerand)
Doberani Beach House
Villa Andropoff
Shopping centre
Audru Ring
Airport
Leonardo Golf Village urbanization with
Urbanization, lakes,lights and streets at Leonardo Golf Village by night
streets, lights, lakes and surroundigs
23. A
Villa
Net area of Villa type A is 251 sqm on 2 floors. With closed parking
area as an option.
5 bedrooms
5 bathrooms
2 living rooms
2 closets
separated kitchen
sauna
garages
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24. Net area of Villa type B is 217 sqm on 2 floors.
With closed parking area as an option.
4 bedrooms
B
Villa
2 bathrooms
2 closets
living room
separated kitchen
sauna
garages
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25. C
Villa
Net area of Villa type C is
191 sqm on 1 floor. With
closed parking area as an
option.
3 bedrooms
2 bathrooms
living room
separated kitchen
sauna
Garages
storage
24
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26. Apartment
Buildings
UNIT TYPES
•Two roomed flat with 1 floor and 1 bedroom.
•Two rooms douplex with 2 floors, 2 bedrooms
and terrace.
•Three rooms douplex with 2 floors, 3
bedrooms and terrace
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27. Blue Lagoon
Sport Centre
Restaurant, conference
& Shops
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28. Study on GREENERY
Greenery
Landscape architect Kersti Saloste prepared a technical
study on Leonardo Golf Village’s greenery planning to
create image, maintain and reinforce the uniformity of the
by Kersti Saloste, Landscape Architect village. The study suggested a detailed plan of how the
area’s image would mirror the beauty of da Vinci’s
environment and his famous engineering creations and
drawings. One will find his citations engraved on the street
stones and other objects in common areas of the village,
drawings embellishing streets, grill houses furnishing the
village. Copies of da Vinci’s engineering creations will be
installed to the village in their original size, such as the
flying machine or other ideas.
LANDSCAPE
The greenery was chosen to fantasize with Da Vinci’s
world. The landscape planning desires to imitate a golf
landscape – low fluent forms, hills and small lakes,
surrounded by a greenery imitating that of “da Vinci’s
world” – elements such as slim sharp pyramide-like trees,
pinetrees, rich bushes. A key element in the beautification
planning is roadside greenery, with low-height and tall
plants contrasting each other, visually imitating the
landscape of Da Vinci.
The plan foresees health paths, playgrounds and grill areas
for a leisure time in the middle of drawings and citations of
da Vinci on various construction details, sculptures,
common area walls etc. To make the area lively and
livable.
EREL GROUP AS LEONARDO GOLF VILLAGE 27
31. Brand and
THE BRAND OF “Leonardo Golf Village”
Leonardo Da Vinci was a genius al avant garde
during his era, his creations ahead of his times,
Concept
his engineering futuristic yet having an artistic
timeless touch. So is Leonardo Golf Village
with its energy saving design homes and village
CONCEPT concept., thus symbolizing innovativeness,
design and the importance of technology.
“Life well spent is long.” – Leonardo da Vinci
Leonardo Golf Village is a modern form of high-value properties’ estate characterized by a
closed perimeter which includes various shared facilities. In a safe environment you and
your family can comfortably enjoy most of day-to-day activities. Knowing your neighbors Leonardo Da Vinci is a message-carrying idea throughout the village, delivering
and that everything for convenient life is close, add to the sense of security . the brand values of the resort and raises interest towards what is behind it. The
village bridges associating oneself to branded living through carrying brand
“Simplicity is the ultimate sophistication.” – Leonardo da Vinci values in daily life in a unique way.
Like Leonardo da Vinci, we value the importance of technology in order to improve the
quality of life. High-end solutions are meant to advance your refined lifestyle, still keeping in Wooden copies of Leonardo’s engineering projects decorate the village in a
mind the needs of families. The uniform design of the constructions preserves the overall manner that integrates them to daily living - such as the wooden parachute
outlook of the village so it remains true to the vision. functioning as grill-house and other ideas. Phrases ever said by da Vinci are
incorporated to the daily living, such as on the attractions of children’s
“Where the spirit does not work with the hand there is no art.” – Leonardo da Vinci playground, park chairs, in other spaces of common areas etc.
The project voices Leonardo da Vinci’s focus on beauty. This shines through the elegant
Italian design by architect Achille Michelizzi. You can express your artistic spirit by creating The bridge connecting the beach area and the village is projected similar to that
interior design that makes the house your own. once designed by da Vinci. The name, “Leonardo Golf Village” is easy to
remember (in Estonian, respectively, Leonardo Golfiküla). The choice of the name
allows the organizing of a series of media events (statue-openings, da Vinci-related
events etc), the restaurant-conference area will be open for organizing media
events, fashion shows, workshops etc .
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32. Target
RELATIONS BETWEEN THE TWO COUNTRIES
Estonia and Finland have strong historical, economic and cultural ties. Both the
Market
nations are of ugro-finnic and speak related languages. It is common that a Finnish
polititian, businessman or a pedestrian speaks fluent Estonian, and vice versa, a good
command of Finnish is diffused in Estonia. The neighbors also share their anthem.
TARGET MARKET The former president of Finland, Tarja Halonen possesses a second home in
The main target market for Leonardo Golf Village are the business class Haapsalu, Estonia.
niche of Finland and North-West Russia, who have strong economic and “The Estonian-Finnish relationship is unique, we are brother-nations, like two identic berries, as if
historical ties to Estonia and specificly to the area of Pärnu. Estonia’s and two twins.. . As Finlands’ Minister of Foreign Affairs, I am proud to have such neighbors ans
Latvia’s elite will be targeted and involved through a series of media events. Estonia and Sweden.. . Estonians, Finns and Swedes have the same DNA.” Alexander Stubb,
minister of Foreign Affairs, Finland (2012)
The close contacts between the two countries extend to issues concerning politics,
TARGET MARKET: FINLAND
economics, culture and many other fields, In the past three years, the number of
Finnish business class acquirers, facilitated by some national banks of Finland
Finnish-owned companies in Estonia has doubled to 4700 attracted to non-
financing also acquisitions in Estonia. Finnish people have strong cultural and
bureaucratic partly finnish-speaking favorable environment for businesses, while there
economic ties to Estonia, and Pärnu together with Saaremaa are favorite
are 1533 Estonian companies registered in Finland. Finns make 3.5 mln round trips to
destinations. The possible buyers are wealthier families or companies that would
Estonia annually. Estonian and Finnish businesses also engage in close co-operation.
like to add some prestige to their portfolio, located only at a 4 hour ferry and car
Estonia businesses are largely tied to Finnish businesses through contractor work and Map: Finland’s main counties by distance
trip. A recent trend is that higher class of the society in Finland is interested in from Helsinki
intermediate commercial transactions, but there are also successful examples of more
Pärnu county, Estonia is 189 km from
owning properties in Estonia, since it is close, culturally interesting and trendy.
complicated partnerships in many fields, including energy, information technology, Helsinki
Considering that no similar possibilities have been offered to Finnish acquirers so
ship- building and mechanical engineering, legal aid, design and product
far in Estonia, added the favorable policies of Finnish bank towards acquisitions in Second homes by regional centers in Finland
development, construction etc.
Estonia, the project should raise interest in Finland. Finnish government has (as of January 2010)
• Länsi-Turunmaa 8 325
recently included expenditures in properties in Estonia as detractable costs in
• Hämeenlinna 7 654
Finnish tax declarations, which further favors property ownership in Estonia. In • Kouvola 7 556
addition Finnish consumers pay attention to energy efficiency and branded living. • Salo 7 028
• Raasepori 6 278
SECOND HOMES IN FINLAND
• Kuusamo 6 254
In Finland there are about 800 000 second home owners, the most expensive of • Mikkeli 5 751
which are located in a 300 km radius from Helsinki. That makes Pärnu a closer • Kuopio 5 226
location. According to Statistics Finland, some 4000 new second homes a year are • Mäntyharju 4 673
• Kemiönsaari 4 521
being built in Finland. It is getting more common to own a home also in Estonia.
Source: Statistics of Finland
Map: locations with the most of second homes in Finland with distances
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33. RELATIONS BETWEEN THE TWO COUNTRIES
Target
Estonia is favorably located between the tradeways of the East and the West,
thus commerce wiht Russia and the West has always been very lively. After the
regaining of independence in 1991, the relationships between Russia and
Market
Estonia were considered among the most advanced and favorable compared to
those the big neighbor had with the other Baltic countries.
Historically Russia has been an important export market for Estonian goods
and raw-material imports. In 2006, the relationship passed through a political
crisis, but the relations are showing signs of improvement. In 2011 Estonia and
Finland backed Russia in the accession to the WTO. The private sector
performs an even more progressive rhetorics and has taken the initiative of
actively improving bilateral relations, where it is true also that Russia has
awarded several Estonian entrepreneours with prizes for the activities in the
field of standing for good relations. Also on inter-personal level, contacts with
Russia are considered a privilege. Russians make 28% of Estonia’s population,
and consider Estonia their home. Russia is Estonia’s third most important
trading partner.
The ground for further improvement of relations is fertile,. In the light of
Russia’s future accession to a visa-free regime with the EU, out of Schengen
countries, only Estonia, Finland and Latvia have a border with Russia. Estonia
still has many ports , destination and historical ties with Russia to favor a
collaborative future. With the globalization in place and the pressure caused by
passed financial crisis on countries’ economies, the geo-economic position of a
state becomes once again one of the key factors for social and economic
developement.
The trade volume with
TARGET MARKET: NORTH-WEST RUSSIA PÄRNU Russia grew 124% in the
Pärnu was beloved as a summer resort and year- past two years according
Pärnu, together with Narva-Jõesuu, Haapsalu, Saaremaa
to the Estonian
and Jurmala have historically been one of the favorite around recreational Spa destination with thermal and Confederation of
mud baths’ already during the Soviet Union era, the Employers.
summer destinations on the shores of the Baltic sea for
First Republic, as well as during the existance of the
Russian elite, not to talk about the locals who have The Baltic Sea Region
Russian Empire (1721-1917). It still carries its
(BSR) entirely counts for
entitled the city the Summer Capital of the country. Pärnu historical fame in the CIS countries and Russia, but over 90 mln inhabitants of
has the privilege of being hte biggest of the curorts on the also has a western touch to a vacatioiner to offer. a high living-standard,
attracting investments to
shores of the Baltic Sea. Estonia has a favorable Located in a faovorable area from a logistical point of
the region.
geopgraphical position in area, Tallinn is only at a 4-hour view, Riga and Tallinn airports connect Pärnu to
Moscow, St Petersburg and rest of the world, followed
drive from St Petersburg with 5 mln inhabitants, and only
by only a 2-hour car-drive.
877 km from Moscow with good flight connections to
Map: The BSR population (Source: Nordregio)
Tallinn and Riga.
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34. EREL
GROUP AS – prime real estate since 1998
Company. Erel Group AS is a Projects. With its head office located in Tallinn, Estonia. you will find our real
reputable real estate and investment estate projects in prestigeous locations such as Tallinn’s Kadriorg Park in the
company with the strategic goal of vicinity of the Presidentioal Palace, Sakala Residence near Old Town and Central
enrolling foreign investments into best Bank, Paldiski mnt office building near Toompea Castle of the Old Town,
projects in the Baltics. prossessions in the border town Narva, scyscraper projects in Maardu’s international
port and transit area, golf village in summer resort Pärnu etc.
Since 1998. Since the establishement of
the company in 1998, more investors Every day people wake up and live, eat, work and enjoy real estate developed by us.
have enrolled into our projects, the Most our clients have stressed their appreciation for the high quality of renovation
company portfolio is outstanding - and construction works performed by our company. Mainstream newspapers, and
representing 145 000 m2 of residential beknown journalists have, of their own initiation, appreciated publicly our
and commercial sellable area, of prime architectural choices.
location and quality.
Activities. EREL GROUP is a mother company to two main branches of
Team. EREL GROUP is managed by an experienced team of real estate activities, Duo Invest working with real estate brokerage and apartment union
professionals with more than 15 years of Baltic real estate development experience. management, and EREL Apartments and Residences active in tourism, offering
We have gained notable experience and know-how. Our entrepreneurial-minded accommodation in serviced apartments of the old towns of the three Baltic capitals
and highly qualified team of 20 persons is the company's greatest single asset. The and Pärnu.
goal of the company remains to meet the needs of a growing number of foreign
investors.
Today. Herewith EREL GROUP is pleased to offer you exclusive property
“Our main goal is to find the best locations and we always try to add additional Italian flavor ownership situated in Valgeranna, Pärnu County. Situated half-way between
in cohesion with local precision to the projects. When putting the projects into practice we Tallinn and Riga, in a sandy beach and golf area, you have the opportunity of
collaborate with best Estonian engineers and constructors to bring to life a creation of being part of this luxury living of branded lifestyle. The area has throughout
architecture...,” Riccardo Lelmi, CEO, Erel Group AS history hosted nobilities, wealthy vacationers and even political elite. Whishing to
host you now.
35. ANNO 1998
Tartu mnt 14
Tallinn 10117
ESTONIA
Tel: 663 1640
Fax: 663 1641
www.erel.ee
www.erelgroup.ee
www.e-property.ee
www.duo.ee
www.leonardogolfvillage.com
37. Photos: (1) Summer evening (2) Meelika Majamees (3) Pärnu Concert house (4) Pärnu Yacht Club (5) Pärnu Yacht Club (6) Strand Spa Pärnu (7) (8),(9) Pärnu traditions (10) Sassi
Horseriding Farm (Sassi Ratsatalu) (11) Enterprice Estonia photobank, Jaak Nilson (12) Surf Camp in Pärnu ; James Holmes, Andres Adamson, www.auto24ring.ee,
www.scandichotels.com