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  • 120
  • Tallinn
Price £5,903,264
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Property Description

Hiiu Pansionaat LLC, registration code in business register 11159979 is selling at an open competitive bid real estate located in Estonia, Harju County, Tallinn, Naumme district, Paullu 63a / Sanatooriumi 2a registered under no 1593901 in the real estate division of Harju County Courts Tallinn department. Cadastral register number 78404:407:3750, commercial property 100% with a net area of 6323,0 m2.

The new but unfinished building with total net space 4760 m2 is located at Naumme, the premium living area of Tallinn, 10 minute drive by car from city centre. For further details see

The house was originally constructed and built as an apartment building, later reconstructed for operating a care home for elderly with 175 beds. Current owner has the readiness to start negotiations for entering into long-term contract for operating the care home on the basis of the property

The initial price of the real estate is 7 417 000 EUR excl VAT. Estimated costs for finalising the construction are EUR 1 000 000.

Written offer for must be presented no later than 05.08.2008 at 15.00. The offer must be presented in a closed envelope (labelled bid for Hiiu Pansionaat) to the following address: Hermes Projektijuhtimine OAœ, Teatri VAuljak 3, 5th floor, Tallinn, 10143.

The terms for participating: see

Persons wanting to become acquainted with the real estate must register at or +3726466263.

Bedrooms : n/a
Swimming Pool : no
Heating : central heating
Website :
Furnished : No

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Property Location

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