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Leonardo
Golf Village
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
Villa A

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
COLLIERS INTERNATIONAL

23

Villa B

4

21

34
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 lifestyle
of living luxury. 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.

EREL GROUP AS

LEONARDO GOLF VILLAGE

3
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

Location

Valgeranna, Audru Parish, Pärnu County, south-western
Estonia

Opening Year

Constructions began 2012

Village

69 villas, 10 apartment buildings

Food & Beverage

Restaurant, 2 grocery stores

Other Facilities

Swiming pool and gym
Tennis field, basketball field
Cycling roads, motocrossing roads
Security, kindergardens, schools in the area
High-speed internet and HD TV
Artificial lakes

Management

Property management by Erel Group AS, under the Leonardo
Golf Village branding, turn-key projects

Villas

69, three to five bedrooms and saunas

Apartment Buildings

Five 3 storey and five 4 stotey buildings , 240 apartments from
1 to 3 bedrooms, with saunas

Energy Efficiency

The villas and buildings are projected to reach A class of
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

EREL GROUP AS

LEONARDO GOLF VILLAGE

asphalt layers

4
Investment
Highlights

THE HEART OF PÄRNU
The location of Leonardo Golf Village leaves nothing to be desired. The
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

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,

setup to the village the same year.

whereas the house is designed on energy saving and house automation.

The resort is managed by EREL Group AS, an

Last but not least, interior architect is available to adopt the need of the

experienced real estate fund manager and

customer. In addition, you will gain ownership of LGV Consorcium as

developer operating in Estonia since 1998.

well.

main

infrastructure

such

as

INVEST IN ESTONIA
Estonia is attractive for investors. Since joining the EU and NATO in 2004,
and adopting the euro in 2011, Estonia has experienced phenomenal
economic growth. Today, Estonia´s government debt is among the lowest in
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
The design focus is enriched with splendid Italian design by architect
Achille Michelizzi. The uniform development design standards and
construction guidelines ensure that the overall atmosphere of Leonardo
Golf Village preserves the harmony of the main architectural project. To
create a home that is truly your own, in Leonardo Golf Village you can
customise the interiors yourself or in cooperation with our designers from
Estonia, Russia or Italy.

EREL GROUP AS

Estonia is ranked among the top 25 out of all countries in the Ease of Doing
Business index by The World Bank Group. Estonia is also one of the most
internetisized countries in the world. Tallinn has long been elected to the top
7 list of World Top Intelligent Communities. Estonia has strong economic
ties with Finland, Russia, Latvia and Sweden, and the Estonian business style
is very western, supported by strong technological and innovative solutions.
Today, the business regulation is less rigid than in the neighbouring Nordic
countries. And less bureaucratic than in the rest of the Baltics.

LEONARDO GOLF VILLAGE

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LEONARDO GOLF VILLAGE

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Leonardo
Golf Village

allow the buildings to reach A level energy saving class. Most materials
have accurately been chosen to be ecological and energy saving. If A+
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

The mission of Leonardo Golf Village is to offer

The buyers have the privilege of personalizing their

affordable luxury lifestyle of branded living in

villa, if requested – changing the overall plan, colors,

design villas and apartments in one of the most

energy saving level. You have total freedom to

beautiful area of Estonia and the Baltics.

customize the interior design of your home site to
create a place that is truly yours. The building

targeted greenery. All constructions in the area are designed by Italian
architect Achille Michelizzi to ensure the completeness of the village,
while the greenery and attributes are chosen by landscaope
architect Kersti Saloste to carry da Vinci message and
support the brand.

materials of Pontarolo Srl, such as prize-winning climablocks,

EREL GROUP AS

LEONARDO GOLF VILLAGE

7
Tallinn
Estonia
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LEONARDO GOLF VILLAGE

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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.

EREL GROUP AS

LEONARDO GOLF VILLAGE

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Leonardo Golf Village
The Project
PÄRNU BEACH

PÄRNU YACHT CLUB

She’s all just harmony and wonder,
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.

PÄRNU CONCERT HALL

3

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9

A.Pushkin

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3

LEONARDO GOLF VILLAGE

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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 heartwarming town.
Summer Capital. Pärnu, a former Hanseatic town, is a West-Estonian city with wellestablished traditions. It holds the title of summer capital, for over ten years by now,
being thus rich in cultural events, festivals, concerts and happenings.

7

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

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residents and visitors.

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11

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www.sassitalu.com
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4

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LEONARDO GOLF VILLAGE

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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
departures to the islands. Kihnu and Ruhnu islands are

It is a popular beach among local vacationers as well as for those arriving from

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 is open to the sun all day long. In addition, nearby the White Beach golf course is

SURROUNDINGS

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
area. From a later period Villa Andropoff –the historical summer residence of the elite,

and boat in the summer.
The area is rich with leisure time attractions: adventure parks,

this area.
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

Remembering its history Valgeranna is committed to growth. In addition to Leonardo

Pärnu with a cyclable road. Local airport in Pärnu has regular

Latvia. The area of Valgeranna is connected to the city of

Golf Village new kindergarten is ready, and Pärnu's biggest shopping center (total of 16

connection between Estonian islands, and for charters from

000 m2) is being built in the area.

Helsinki

and

Stockholm.

All

the

main
9

airports

are

approximately 120 km from Valgeranna (Tallinn, Riga and
Helsinki).

LEONARDO GOLF VILLAGE

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EREL GROUP AS

LEONARDO GOLF VILLAGE

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Whitebeach
Golf
The White Beach Golf course, which is designed by DASafa architect Kosti Kuronen, is a 18hole 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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LEONARDO GOLF VILLAGE

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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

Architect

Kersti Saloste
Concept by Achille Michelizzi, Italy
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,

Communication
Other

High speed Internet and Digital TV, gas, electricity, water, roads, streetlights, drainage,
canalization, asphalted roads.
The roofs of villas are built as usable terrace area for sunbathing and leisure time

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LEONARDO GOLF VILLAGE

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Beach of Pärnu

Pärnu City

Whitebeach (Valgerand)

Doberani Beach House
Villa Andropoff

WHITEBEACH (VALGERAND) AND AUDRU RIVER

Shopping centre

Audru Ring

Airport

URBANIZATION – STREETLIGHTS, STREETS AND LAKES
THE LONG COASTLINE OF WHITEBEACH

LGV LOT, PÄRNU CITY AND SEAFRONT

Urbanization, lakes,lights and streets at Leonardo Golf Village by night
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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LEONARDO GOLF VILLAGE

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B

Villa

Net area of Villa type B is 217 sqm on 2 floors.
With closed parking area as an option.

4 bedrooms
2 bathrooms
2 closets
living room
separated kitchen
sauna
garages
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LEONARDO GOLF VILLAGE

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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

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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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Blue Lagoon
Sport Centre

Restaurant, conference
& Shops
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Study on
Greenery

by Kersti Saloste, Landscape Architect

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
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.

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LEONARDO GOLF VILLAGE

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Energy
Efficency

LEONARDO GOLF VILLAGE
Image

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LEONARDO GOLF VILLAGE

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Brand and
Concept

THE BRAND OF “Leonardo Golf Village”
Leonardo Da Vinci was a genius al avant garde
during his era, his creations ahead of his times,
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,

“Life well spent is long.” – Leonardo da Vinci

design and the importance of technology.

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

“Simplicity is the ultimate sophistication.” – Leonardo da Vinci

associating oneself to branded living through carrying brand

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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LEONARDO GOLF VILLAGE

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Target
Market
TARGET MARKET

The main target market for Leonardo Golf Village are the business class

RELATIONS BETWEEN THE TWO COUNTRIES
Estonia and Finland have strong historical, economic and cultural ties. Both the
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.
The former president of Finland, Tarja Halonen possesses a second home in
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
Finnish business class acquirers, facilitated by some national banks of Finland
financing also acquisitions in Estonia. Finnish people have strong cultural and
economic ties to Estonia, and Pärnu together with Saaremaa are favorite
destinations. The possible buyers are wealthier families or companies that would
like to add some prestige to their portfolio, located only at a 4 hour ferry and car
trip. A recent trend is that higher class of the society in Finland is interested in
owning properties in Estonia, since it is close, culturally interesting and trendy.
Considering that no similar possibilities have been offered to Finnish acquirers so
far in Estonia, added the favorable policies of Finnish bank towards acquisitions in
Estonia, the project should raise interest in Finland. Finnish government has

economics, culture and many other fields, In the past three years, the number of
Finnish-owned companies in Estonia has doubled to 4700 attracted to nonbureaucratic partly finnish-speaking favorable environment for businesses, while there
are 1533 Estonian companies registered in Finland. Finns make 3.5 mln round trips to
Estonia annually. Estonian and Finnish businesses also engage in close co-operation.
Estonia businesses are largely tied to Finnish businesses through contractor work and Map: Finland’s main counties by distance
from Helsinki
intermediate commercial transactions, but there are also successful examples of more
Pärnu county, Estonia is 189 km from
complicated partnerships in many fields, including energy, information technology, Helsinki
ship- building and mechanical engineering, legal aid, design and product
development, construction etc.

recently included expenditures in properties in Estonia as detractable costs in
Finnish tax declarations, which further favors property ownership in Estonia. In
addition Finnish consumers pay attention to energy efficiency and branded living.

SECOND HOMES IN FINLAND
In Finland there are about 800 000 second home owners, the most expensive of
which are located in a 300 km radius from Helsinki. That makes Pärnu a closer
location. According to Statistics Finland, some 4000 new second homes a year are
being built in Finland. It is getting more common to own a home also in Estonia.

Map: locations with the most of second homes in Finland
with distances

EREL GROUP AS

Second homes by regional centers in Finland
(as of January 2010)
•
Länsi-Turunmaa 8 325
•
Hämeenlinna 7 654
•
Kouvola 7 556
•
Salo 7 028
•
Raasepori 6 278
•
Kuusamo 6 254
•
Mikkeli 5 751
•
Kuopio 5 226
•
Mäntyharju 4 673
•
Kemiönsaari 4 521

Source: Statistics of Finland

LEONARDO GOLF VILLAGE

31
RELATIONS BETWEEN THE TWO COUNTRIES
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
Estonia were considered among the most advanced and favorable compared to
those the big neighbor had with the other Baltic countries.

Target
Market

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.

TARGET MARKET: NORTH-WEST RUSSIA

PÄRNU

Pärnu, together with Narva-Jõesuu, Haapsalu, Saaremaa

Pärnu was beloved as a summer resort and year-

and Jurmala have historically been one of the favorite
summer destinations on the shores of the Baltic sea for
Russian elite, not to talk about the locals who have
entitled the city the Summer Capital of the country. Pärnu

around recreational Spa destination with thermal and
mud baths’ already during the Soviet Union era, the
First Republic, as well as during the existance of the
Russian Empire (1721-1917). It still carries its
historical fame in the CIS countries and Russia, but

has the privilege of being hte biggest of the curorts on the

also has a western touch to a vacatioiner to offer.

shores of the Baltic Sea. Estonia has a favorable

Located in a faovorable area from a logistical point of

geopgraphical position in area, Tallinn is only at a 4-hour

view, Riga and Tallinn airports connect Pärnu to

drive from St Petersburg with 5 mln inhabitants, and only
877 km from Moscow with good flight connections to

Moscow, St Petersburg and rest of the world, followed
by only a 2-hour car-drive.

The trade volume with
Russia grew 124% in the
past two years according
to
the
Estonian
Confederation
of
Employers.
The Baltic Sea Region
(BSR) entirely counts for
over 90 mln inhabitants of
a high living-standard,
attracting investments to
the region.

Map: The BSR population (Source: Nordregio)

Tallinn and Riga.

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EREL
GROUP AS

– prime real estate since 1998

Company. Erel Group AS is a
reputable real estate and investment
company with the strategic goal of
enrolling foreign investments into best
projects in the Baltics.
Since 1998. Since the establishement of
the company in 1998, more investors
have enrolled into our projects, the
company portfolio is outstanding representing 145 000 m2 of residential
and commercial sellable area, of prime
location and quality.
Team. EREL GROUP is managed by an experienced team of real estate
professionals with more than 15 years of Baltic real estate development experience.
We have gained notable experience and know-how. Our entrepreneurial-minded
and highly qualified team of 20 persons is the company's greatest single asset. The
goal of the company remains to meet the needs of a growing number of foreign
investors.
“Our main goal is to find the best locations and we always try to add additional Italian flavor
in cohesion with local precision to the projects. When putting the projects into practice we
collaborate with best Estonian engineers and constructors to bring to life a creation of
architecture...,” Riccardo Lelmi, CEO, Erel Group AS

TALLINN

APARTMENT BUILDINGS IN KADRIORG

Projects. With its head office located in Tallinn, Estonia. you will find our real
estate projects in prestigeous locations such as Tallinn’s Kadriorg Park in the
vicinity of the Presidentioal Palace, Sakala Residence near Old Town and Central
Bank, Paldiski mnt office building near Toompea Castle of the Old Town,
prossessions in the border town Narva, scyscraper projects in Maardu’s international
port and transit area, golf village in summer resort Pärnu etc.
Every day people wake up and live, eat, work and enjoy real estate developed by us.
Most our clients have stressed their appreciation for the high quality of renovation
and construction works performed by our company. Mainstream newspapers, and
beknown journalists have, of their own initiation, appreciated publicly our
architectural choices.
Activities. EREL GROUP is a mother company to two main branches of
activities, Duo Invest working with real estate brokerage and apartment union
management, and EREL Apartments and Residences active in tourism, offering
accommodation in serviced apartments of the old towns of the three Baltic capitals
and Pärnu.
Today. Herewith EREL GROUP is pleased to offer you exclusive property
ownership situated in Valgeranna, Pärnu County. Situated half-way between
Tallinn and Riga, in a sandy beach and golf area, you have the opportunity of
being part of this luxury living of branded lifestyle. The area has throughout
history hosted nobilities, wealthy vacationers and even political elite. Whishing to
host you now.

OFFICE IN THE CENTRE OF TALLINN, TARTU MNT
Property at

Leonardo

Golf Village

“The houses flourish on the green grass carpet of the village; a purely residential climate
characterizes the neighborhood emphasized by the presence of a small central lake... In an
era, where work, services and commerce can be comfortably effectuated from home through
virtual networks, in an era, where zoning and speed are more digital than infrastructural as
terms, in an era where everything external has become ingternal, through internet, one desires
to re-run that sustainable quality of life lost in the past years, to the “external” ... “
Achille Michelizzi about LGV
The villas of the golf-resort are named in honor of Leonardo da Vinci’s works. Turn to our sales
department to choose a villa, apartment and a name. A sample list of names in the resort:
Villa Mona Lisa
Villa Isabella d’Este
Villa La Belle Ferroniere
Villa Ginevra de Benci
Villa Cecilia Gallerani
Villa Leda
Villa Madonna Litta
Villa Virgin of the Rocks
Villa Vitruvian
Villa Madonna Carnation
Hotel & Spa centre Blue Lagoon

65 energyefficient design villas А, B and C typologies; 10 apartment buildings
SPA-centre, restaurant – from architect Achille Michelizzi
Whitebeach (Valgerand), Audru County, Pärnu, Estonia
Book your property: Cel: (372) 55 5404 57 Cel. (+372) 52 928 28; Office: (+372) 6 631 640
info@leonardogolf.com www.leonardogolfvillage.com
Pärnu Yacht Club

www.leonardogolf.com
Villas and apartments at

LEONARDO GOLF VILLAGE
Your living luxury

Фотограф: Оливер Моосус
www.leonardogolf.com
Erel Group AS, Tartu mnt 14 - Tallinn 10117 - Estonia Tel: (+372) 663 1640 Fax: (+372) 663 1641
www.erel.ee www.erelgroup.ee www.e-property.ee www.duo.ee
EREL GROUP

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Leonardo golf village book whitebeach 2013 eng

  • 2.
  • 3.
  • 4.
  • 5. 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 Villa A 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 COLLIERS INTERNATIONAL 23 Villa B 4 21 34
  • 6.
  • 7. 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 lifestyle of living luxury. 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. EREL GROUP AS LEONARDO GOLF VILLAGE 3
  • 8. 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 Location Valgeranna, Audru Parish, Pärnu County, south-western Estonia Opening Year Constructions began 2012 Village 69 villas, 10 apartment buildings Food & Beverage Restaurant, 2 grocery stores Other Facilities Swiming pool and gym Tennis field, basketball field Cycling roads, motocrossing roads Security, kindergardens, schools in the area High-speed internet and HD TV Artificial lakes Management Property management by Erel Group AS, under the Leonardo Golf Village branding, turn-key projects Villas 69, three to five bedrooms and saunas Apartment Buildings Five 3 storey and five 4 stotey buildings , 240 apartments from 1 to 3 bedrooms, with saunas Energy Efficiency The villas and buildings are projected to reach A class of 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 EREL GROUP AS LEONARDO GOLF VILLAGE asphalt layers 4
  • 9. Investment Highlights THE HEART OF PÄRNU The location of Leonardo Golf Village leaves nothing to be desired. The 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 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, setup to the village the same year. whereas the house is designed on energy saving and house automation. The resort is managed by EREL Group AS, an Last but not least, interior architect is available to adopt the need of the experienced real estate fund manager and customer. In addition, you will gain ownership of LGV Consorcium as developer operating in Estonia since 1998. well. main infrastructure such as INVEST IN ESTONIA Estonia is attractive for investors. Since joining the EU and NATO in 2004, and adopting the euro in 2011, Estonia has experienced phenomenal economic growth. Today, Estonia´s government debt is among the lowest in 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 The design focus is enriched with splendid Italian design by architect Achille Michelizzi. The uniform development design standards and construction guidelines ensure that the overall atmosphere of Leonardo Golf Village preserves the harmony of the main architectural project. To create a home that is truly your own, in Leonardo Golf Village you can customise the interiors yourself or in cooperation with our designers from Estonia, Russia or Italy. EREL GROUP AS Estonia is ranked among the top 25 out of all countries in the Ease of Doing Business index by The World Bank Group. Estonia is also one of the most internetisized countries in the world. Tallinn has long been elected to the top 7 list of World Top Intelligent Communities. Estonia has strong economic ties with Finland, Russia, Latvia and Sweden, and the Estonian business style is very western, supported by strong technological and innovative solutions. Today, the business regulation is less rigid than in the neighbouring Nordic countries. And less bureaucratic than in the rest of the Baltics. LEONARDO GOLF VILLAGE 5
  • 10. EREL GROUP AS LEONARDO GOLF VILLAGE 6
  • 11. Leonardo Golf Village allow the buildings to reach A level energy saving class. Most materials have accurately been chosen to be ecological and energy saving. If A+ 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 The mission of Leonardo Golf Village is to offer The buyers have the privilege of personalizing their affordable luxury lifestyle of branded living in villa, if requested – changing the overall plan, colors, design villas and apartments in one of the most energy saving level. You have total freedom to beautiful area of Estonia and the Baltics. customize the interior design of your home site to create a place that is truly yours. The building targeted greenery. All constructions in the area are designed by Italian architect Achille Michelizzi to ensure the completeness of the village, while the greenery and attributes are chosen by landscaope architect Kersti Saloste to carry da Vinci message and support the brand. materials of Pontarolo Srl, such as prize-winning climablocks, EREL GROUP AS LEONARDO GOLF VILLAGE 7
  • 13. 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. EREL GROUP AS LEONARDO GOLF VILLAGE 9
  • 16. PÄRNU BEACH PÄRNU YACHT CLUB She’s all just harmony and wonder, 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. PÄRNU CONCERT HALL 3 8 9 A.Pushkin 3 3 LEONARDO GOLF VILLAGE 13
  • 17. 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 heartwarming town. Summer Capital. Pärnu, a former Hanseatic town, is a West-Estonian city with wellestablished traditions. It holds the title of summer capital, for over ten years by now, being thus rich in cultural events, festivals, concerts and happenings. 7 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. EREL GROUP AS LEONARDO GOLF VILLAGE 14
  • 19. 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 departures to the islands. Kihnu and Ruhnu islands are It is a popular beach among local vacationers as well as for those arriving from 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 is open to the sun all day long. In addition, nearby the White Beach golf course is SURROUNDINGS 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 area. From a later period Villa Andropoff –the historical summer residence of the elite, and boat in the summer. The area is rich with leisure time attractions: adventure parks, this area. 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 Remembering its history Valgeranna is committed to growth. In addition to Leonardo Pärnu with a cyclable road. Local airport in Pärnu has regular Latvia. The area of Valgeranna is connected to the city of Golf Village new kindergarten is ready, and Pärnu's biggest shopping center (total of 16 connection between Estonian islands, and for charters from 000 m2) is being built in the area. Helsinki and Stockholm. All the main 9 airports are approximately 120 km from Valgeranna (Tallinn, Riga and Helsinki). LEONARDO GOLF VILLAGE 16
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  • 21. Whitebeach Golf The White Beach Golf course, which is designed by DASafa architect Kosti Kuronen, is a 18hole 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 EREL GROUP AS LEONARDO GOLF VILLAGE 18
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  • 23. 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 Architect Kersti Saloste Concept by Achille Michelizzi, Italy 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, Communication Other High speed Internet and Digital TV, gas, electricity, water, roads, streetlights, drainage, canalization, asphalted roads. The roofs of villas are built as usable terrace area for sunbathing and leisure time EREL GROUP AS LEONARDO GOLF VILLAGE 19
  • 24. Beach of Pärnu Pärnu City Whitebeach (Valgerand) Doberani Beach House Villa Andropoff WHITEBEACH (VALGERAND) AND AUDRU RIVER Shopping centre Audru Ring Airport URBANIZATION – STREETLIGHTS, STREETS AND LAKES THE LONG COASTLINE OF WHITEBEACH LGV LOT, PÄRNU CITY AND SEAFRONT Urbanization, lakes,lights and streets at Leonardo Golf Village by night
  • 25. 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 EREL GROUP AS LEONARDO GOLF VILLAGE 22
  • 26. B Villa Net area of Villa type B is 217 sqm on 2 floors. With closed parking area as an option. 4 bedrooms 2 bathrooms 2 closets living room separated kitchen sauna garages EREL GROUP AS LEONARDO GOLF VILLAGE 22
  • 27. 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 EREL GROUP AS LEONARDO GOLF VILLAGE 24
  • 28. 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 EREL GROUP AS LEONARDO GOLF VILLAGE 25
  • 29. Blue Lagoon Sport Centre Restaurant, conference & Shops EREL GROUP AS LEONARDO GOLF VILLAGE 26
  • 30. Study on Greenery by Kersti Saloste, Landscape Architect 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 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
  • 32. Image EREL GROUP AS LEONARDO GOLF VILLAGE 29
  • 33. Brand and Concept THE BRAND OF “Leonardo Golf Village” Leonardo Da Vinci was a genius al avant garde during his era, his creations ahead of his times, 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, “Life well spent is long.” – Leonardo da Vinci design and the importance of technology. 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 “Simplicity is the ultimate sophistication.” – Leonardo da Vinci associating oneself to branded living through carrying brand 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 . EREL GROUP AS LEONARDO GOLF VILLAGE 30
  • 34. Target Market TARGET MARKET The main target market for Leonardo Golf Village are the business class RELATIONS BETWEEN THE TWO COUNTRIES Estonia and Finland have strong historical, economic and cultural ties. Both the 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. The former president of Finland, Tarja Halonen possesses a second home in 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 Finnish business class acquirers, facilitated by some national banks of Finland financing also acquisitions in Estonia. Finnish people have strong cultural and economic ties to Estonia, and Pärnu together with Saaremaa are favorite destinations. The possible buyers are wealthier families or companies that would like to add some prestige to their portfolio, located only at a 4 hour ferry and car trip. A recent trend is that higher class of the society in Finland is interested in owning properties in Estonia, since it is close, culturally interesting and trendy. Considering that no similar possibilities have been offered to Finnish acquirers so far in Estonia, added the favorable policies of Finnish bank towards acquisitions in Estonia, the project should raise interest in Finland. Finnish government has economics, culture and many other fields, In the past three years, the number of Finnish-owned companies in Estonia has doubled to 4700 attracted to nonbureaucratic partly finnish-speaking favorable environment for businesses, while there are 1533 Estonian companies registered in Finland. Finns make 3.5 mln round trips to Estonia annually. Estonian and Finnish businesses also engage in close co-operation. Estonia businesses are largely tied to Finnish businesses through contractor work and Map: Finland’s main counties by distance from Helsinki intermediate commercial transactions, but there are also successful examples of more Pärnu county, Estonia is 189 km from complicated partnerships in many fields, including energy, information technology, Helsinki ship- building and mechanical engineering, legal aid, design and product development, construction etc. recently included expenditures in properties in Estonia as detractable costs in Finnish tax declarations, which further favors property ownership in Estonia. In addition Finnish consumers pay attention to energy efficiency and branded living. SECOND HOMES IN FINLAND In Finland there are about 800 000 second home owners, the most expensive of which are located in a 300 km radius from Helsinki. That makes Pärnu a closer location. According to Statistics Finland, some 4000 new second homes a year are being built in Finland. It is getting more common to own a home also in Estonia. Map: locations with the most of second homes in Finland with distances EREL GROUP AS Second homes by regional centers in Finland (as of January 2010) • Länsi-Turunmaa 8 325 • Hämeenlinna 7 654 • Kouvola 7 556 • Salo 7 028 • Raasepori 6 278 • Kuusamo 6 254 • Mikkeli 5 751 • Kuopio 5 226 • Mäntyharju 4 673 • Kemiönsaari 4 521 Source: Statistics of Finland LEONARDO GOLF VILLAGE 31
  • 35. RELATIONS BETWEEN THE TWO COUNTRIES 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 Estonia were considered among the most advanced and favorable compared to those the big neighbor had with the other Baltic countries. Target Market 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. TARGET MARKET: NORTH-WEST RUSSIA PÄRNU Pärnu, together with Narva-Jõesuu, Haapsalu, Saaremaa Pärnu was beloved as a summer resort and year- and Jurmala have historically been one of the favorite summer destinations on the shores of the Baltic sea for Russian elite, not to talk about the locals who have entitled the city the Summer Capital of the country. Pärnu around recreational Spa destination with thermal and mud baths’ already during the Soviet Union era, the First Republic, as well as during the existance of the Russian Empire (1721-1917). It still carries its historical fame in the CIS countries and Russia, but has the privilege of being hte biggest of the curorts on the also has a western touch to a vacatioiner to offer. shores of the Baltic Sea. Estonia has a favorable Located in a faovorable area from a logistical point of geopgraphical position in area, Tallinn is only at a 4-hour view, Riga and Tallinn airports connect Pärnu to drive from St Petersburg with 5 mln inhabitants, and only 877 km from Moscow with good flight connections to Moscow, St Petersburg and rest of the world, followed by only a 2-hour car-drive. The trade volume with Russia grew 124% in the past two years according to the Estonian Confederation of Employers. The Baltic Sea Region (BSR) entirely counts for over 90 mln inhabitants of a high living-standard, attracting investments to the region. Map: The BSR population (Source: Nordregio) Tallinn and Riga. EREL GROUP AS LEONARDO GOLF VILLAGE 32
  • 36. EREL GROUP AS – prime real estate since 1998 Company. Erel Group AS is a reputable real estate and investment company with the strategic goal of enrolling foreign investments into best projects in the Baltics. Since 1998. Since the establishement of the company in 1998, more investors have enrolled into our projects, the company portfolio is outstanding representing 145 000 m2 of residential and commercial sellable area, of prime location and quality. Team. EREL GROUP is managed by an experienced team of real estate professionals with more than 15 years of Baltic real estate development experience. We have gained notable experience and know-how. Our entrepreneurial-minded and highly qualified team of 20 persons is the company's greatest single asset. The goal of the company remains to meet the needs of a growing number of foreign investors. “Our main goal is to find the best locations and we always try to add additional Italian flavor in cohesion with local precision to the projects. When putting the projects into practice we collaborate with best Estonian engineers and constructors to bring to life a creation of architecture...,” Riccardo Lelmi, CEO, Erel Group AS TALLINN APARTMENT BUILDINGS IN KADRIORG Projects. With its head office located in Tallinn, Estonia. you will find our real estate projects in prestigeous locations such as Tallinn’s Kadriorg Park in the vicinity of the Presidentioal Palace, Sakala Residence near Old Town and Central Bank, Paldiski mnt office building near Toompea Castle of the Old Town, prossessions in the border town Narva, scyscraper projects in Maardu’s international port and transit area, golf village in summer resort Pärnu etc. Every day people wake up and live, eat, work and enjoy real estate developed by us. Most our clients have stressed their appreciation for the high quality of renovation and construction works performed by our company. Mainstream newspapers, and beknown journalists have, of their own initiation, appreciated publicly our architectural choices. Activities. EREL GROUP is a mother company to two main branches of activities, Duo Invest working with real estate brokerage and apartment union management, and EREL Apartments and Residences active in tourism, offering accommodation in serviced apartments of the old towns of the three Baltic capitals and Pärnu. Today. Herewith EREL GROUP is pleased to offer you exclusive property ownership situated in Valgeranna, Pärnu County. Situated half-way between Tallinn and Riga, in a sandy beach and golf area, you have the opportunity of being part of this luxury living of branded lifestyle. The area has throughout history hosted nobilities, wealthy vacationers and even political elite. Whishing to host you now. OFFICE IN THE CENTRE OF TALLINN, TARTU MNT
  • 37. Property at Leonardo Golf Village “The houses flourish on the green grass carpet of the village; a purely residential climate characterizes the neighborhood emphasized by the presence of a small central lake... In an era, where work, services and commerce can be comfortably effectuated from home through virtual networks, in an era, where zoning and speed are more digital than infrastructural as terms, in an era where everything external has become ingternal, through internet, one desires to re-run that sustainable quality of life lost in the past years, to the “external” ... “ Achille Michelizzi about LGV The villas of the golf-resort are named in honor of Leonardo da Vinci’s works. Turn to our sales department to choose a villa, apartment and a name. A sample list of names in the resort: Villa Mona Lisa Villa Isabella d’Este Villa La Belle Ferroniere Villa Ginevra de Benci Villa Cecilia Gallerani Villa Leda Villa Madonna Litta Villa Virgin of the Rocks Villa Vitruvian Villa Madonna Carnation Hotel & Spa centre Blue Lagoon 65 energyefficient design villas А, B and C typologies; 10 apartment buildings SPA-centre, restaurant – from architect Achille Michelizzi Whitebeach (Valgerand), Audru County, Pärnu, Estonia Book your property: Cel: (372) 55 5404 57 Cel. (+372) 52 928 28; Office: (+372) 6 631 640 info@leonardogolf.com www.leonardogolfvillage.com
  • 39. Villas and apartments at LEONARDO GOLF VILLAGE Your living luxury Фотограф: Оливер Моосус
  • 40. www.leonardogolf.com Erel Group AS, Tartu mnt 14 - Tallinn 10117 - Estonia Tel: (+372) 663 1640 Fax: (+372) 663 1641 www.erel.ee www.erelgroup.ee www.e-property.ee www.duo.ee