leonardo golf village at whitebeach, estonia - 2013 english

Golf VillageLeonardo

4 COLLIERS INTERNATIONAL

ContentsLeonardo 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

3EREL GROUP AS 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 VinciOur 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.

LeonardoGolf Village

4EREL GROUP AS

Executive Summary

LEONARDO GOLF VILLAGE

Name Leonardo Golf Village

LocationValgeranna, 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 gymTennis field, basketball fieldCycling roads, motocrossing roadsSecurity, kindergardens, schools in the areaHigh-speed internet and HD TVArtificial lakes

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

Villas 69, three to five bedrooms and saunas

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

Energy EfficiencyThe 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 asphalt layers

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

InvestmentHighlights

OPTIONS AND OPPORTUNITIES

The project includes 69 villas of 3 different typologies,, 10

buildings with 3 and 4 storeys, apartments from one to three

bedrooms, all built to reach A class energy certificate, with

service facilities and common areas like tennis field,

basketball field and cycling road. The selection can be made

between three types of villas (A, B, C) and various types of

apartments. Sample villas will be open for visits. As the

projects are fixed, but buyers have the chance to choose

among various solutions of electrical automation and heating,

whereas the house is designed on energy saving and house

automation. Last but not least, interior architect is available

to adopt the need of the customer. In addition, you will gain

ownership of LGV Consorcium as well.

AS NEW ASSET

The Council of Rural Municipality of

Audru approved the Detail Plan of the

real properties on May 6th 1999 located

near the White Beach golf. Leonardo Golf

Village project started in 2007. The main

infrastructure such as roads, streetlights,

water, main drainage, gas pipelines,

internet cables’ network, electricity, etc.

were setup to the village the same year.

The resort is managed by EREL Group

AS, an experienced real estate fund

manager and developer operating in

Estonia since 1998.

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.

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 centre at a walking distance. Pärnu Bay coastline

has the best beaches, out of which Valgeranna beach is the

nearest to Leonardo Golf Village, with its white sands. Pärnu

beach is very popular with the locals and tourists and lies near

Pärnu city. The Resort and Conference Centre Villa Andropoff is

suitable for holding conferences.

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.

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. 5EREL GROUP AS LEONARDO GOLF VILLAGE

HOMES

The buyers have the privilege of

personalizing their villa, if requested –

changing the overall plan, colors, energy

saving level. You have total freedom to

customize the interior design of your home

site to create a place that is truly yours. The

building materials of Pontarolo Srl, such as

prize-winning clima-blocks,

LeonardoGolf 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 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.

MISSION

The mission of Leonardo Golf Village is

to offer affordable luxury lifestyle of

branded living in design villas and

apartments in one of the most

beautiful area of Estonia and the

Baltics.



TallinnEstonia


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.

1. Leonardo Golf Village

2. White beach Golf

3. Villa Andropoff

4. Doberani beachouse

5. Valgeranna adventure park

6. Audru river

7. Audru racing track

8. Audru Golf

9. Pärnu airport

10.Shopping mall

11.Pärnu city

Leonardo Golf VillageThe Project

She’s all just harmony and wonder,Higher than passions and the world,She rests, with her sweet shyness, underHer 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.

A.Pushkin

Pärnu Yacht Club

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LEONARDO GOLF VILLAGE 13

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EREL GROUP AS LEONARDO GOLF VILLAGE

LocationWhitebeach and Pärnu

Leonardo Golf Village is located just few kilometers from the city

centre. From this 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, 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 residents and

visitors.

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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. 5 6

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www.sassitalu.com

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A few kilometers from Pärnu, Estonia's Summer Capital lies Valgeranna

(Whitebeach). Valgeranna is one of the most beautiful sandy beaches in

Estonia and in the wider Baltics. It is a popular beach among local

vacationers as well as for those arriving from 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

located, with domes, hills and ponds providing pleasure for the eye when

driving to Valgeranna beach, as well as Audru Golf course.

Valgeranna, together with Pärnu, has long been one of Estonia’s most

popular holiday destinations. The upper class residents once enjoyed the

privacy and natural beauty of the area. From a later period Villa

Andropoff –the historical summer residence of the elite, now offers

housing and the capacity to host conferences. Doberani Beach house

dates back to the first republic era and operates as a hotel and cafeteria.

Remembering its history Valgeranna is committed to growth. In addition

to Leonardo Golf Village new kindergarten is ready, and Pärnu's biggest

shopping center (total of 16 000 m2) is being built in the area.

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.

The Whitebeach area is located half-way between Tallinn and Riga. 3 km from Whitebeach there is Manilaiu port with departures to the islands. Kihnu and Ruhnu islands are reachable by a walk or car-drive on frozen seas in the winter, and boat in the summer.

SURROUNDINGS The area is rich with leisure time attractions: adventure parks, beach (Valgeranna Seikluspark), golf (Audru and Whitebeach Golf), motocross road (Audru Ring), cycling roads, horsing activities (Swedish owned Sassi talu), minigolf at Villa Andropoff, supermarket nearby, beach houses etc. There are new schools, kindergartens, shopping centres, spas, hospitals in this area.

ACCESS Pärnu has rairload, bus and ferry connections in addition to a good road network Tallinn and Riga. Valgeranna has road connections to Tallinn, Haapsalu, Tartu, Paide and Riga in Latvia. The area of Valgeranna is connected to the city of Pärnu with a cyclable road. Local airport in Pärnu has regular connection between Estonian islands, and for charters from Helsinki and Stockholm. All the main airports are approximately 120 km from Valgeranna (Tallinn, Riga and Helsinki).

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LEONARDO GOLF VILLAGE 16

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LocationValgeranna

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


Whitebeach Golf


Overview ofThe 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

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Golf Course Holes 18

Restaurants 1

Sport Centres 1

Greenergy Kersti Saloste

Architect Concept by Achille Michelizzi, Italy

Interiors by Estonian or Russian architects if desired

Surroundings

Beach and golf hotels, motocross roads, shopping centres, sandbeach,

schools, kindergardens, adventure parks, rallycross track, canoing,

horse riding, golfing, cycling road from the village to Pärnu city centre,

CommunicationHigh speed Internet and Digital TV, gas, electricity, water, roads,

streetlights, drainage, canalization, asphalted roads.

Other The roofs of villas are built as usable terrace area for sunbathing and

leisure time

Airport

Audru Ring

Shopping centre

Whitebeach (Valgerand)Pärnu City

Beach of Pärnu

Villa Andropoff

Doberani Beach House

Urbanization, lakes,lights and streets at Leonardo Golf Village by nightLeonardo Golf Village urbanization with streets, lights, lakes and surroundigs


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

A


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

B


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

C

ApartmentBuildings 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


Blue LagoonSport Centre


Restaurant, conference & Shops

Study onGreenery

by Kersti Saloste, Landscape Architect


GREENERYLandscape 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.

LANDSCAPEThe 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.

EnergyEfficency

LEONARDO GOLF VILLAGE

Image


Brand andConcept

CONCEPT

“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 and that everything

for convenient life is close, add to the sense of security .

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

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 mind the needs of families. The uniform

design of the constructions preserves the overall outlook of the village so it

remains true to the vision.

“Where the spirit does not work with the hand there is no art.” –

Leonardo da Vinci

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 interior design that makes the house

your own.


Leonardo Da Vinci is a message-carrying idea throughout the

village, delivering 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 values in daily life in a

unique way.

Wooden copies of Leonardo’s engineering projects decorate the

village in a manner that integrates them to daily living - such as

the wooden parachute 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 playground, park chairs, in

other spaces of common areas etc.

The bridge connecting the beach area and the village is projected

similar to that 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 .

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.,

thus symbolizing innovativeness,

design and the importance of

technology.

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TargetMarket

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 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. 31EREL GROUP AS LEONARDO GOLF VILLAGE

Map: Finland’s main counties by distance from HelsinkiPärnu county, Estonia is 189 km from Helsinki

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

TARGET MARKET

The main target market for Leonardo Golf Village are the

business class niche of Finland and North-West Russia, who

have strong economic and historical ties to Estonia and

specificly to the area of Pärnu. Estonia’s and Latvia’s elite will

be targeted and involved through a series of media events.

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

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.

“The Estonian-Finnish relationship is unique, we are brother-nations, like two

identic berries, as if two twins.. . As Finlands’ Minister of Foreign Affairs, I am

proud to have such neighbors ans 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, 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 non-bureaucratic 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 intermediate commercial

transactions, but there are also successful examples of more

complicated partnerships in many fields, including energy, information

technology, ship- building and mechanical engineering, legal aid,

design and product development, construction etc.

TARGET MARKET: NORTH-WEST RUSSIA

Pärnu, together with Narva-Jõesuu, Haapsalu,

Saaremaa 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 has

the privilege of being hte biggest of the curorts

on the shores of the Baltic Sea. Estonia has a

favorable geopgraphical position in area,

Tallinn is only at a 4-hour drive from St

Petersburg with 5 mln inhabitants, and only

877 km from Moscow with good flight

connections to Tallinn and Riga.

TargetMarket

RELATIONS BETWEEN THE TWO COUNTRIESEstonia 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.

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.

PÄRNU

Pärnu was beloved as a summer resort and

year-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 also has a western touch to a

vacatioiner to offer.

Located in a faovorable area from a

logistical point of view, Riga and Tallinn

airports connect Pärnu to Moscow, St

Petersburg and rest of the world, followed by

only a 2-hour car-drive. 32EREL GROUP AS LEONARDO GOLF VILLAGE

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)

EREL GROUP AS – prime real estate since 1998

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.

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

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.

www.leonardogolfvillage.com

Tartu mnt 14Tallinn 10117

ESTONIATel: 663 1640Fax: 663 1641www.erel.ee

www.erelgroup.eewww.e-property.ee

www.duo.ee

ANNO 1998

www.leonardogolfvillage.com

Pärnu Yacht Club

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

EREL GROUP

leonardo golf village at whitebeach, estonia - 2013 english

Sports

leonardo golf villagelocated

holes golf course

mostsuggestive golf

leonardo golfvillage

stotey buildings

prnu county

2012village69 villas

appointed villas