Estonia, Tallinn, Seaside Residence Real Estate Project Development

TALLINN CITY SELLS BY THE PROCEDURE OF COMBINED OFFER AS A SINGLE SALES OBJECT THE REGISTERED IMMOVABLES OWNED BY THE CITY (KOPLI LINES, 82 REGISTERED IMOVABLES) WITH A BASE PRICE OF TOTAL OF EUR 1,500,000. The due term for submitting the first stage tenders of the combined offer is November 18, 2014 at 12:00. Tenders are opened on November 18, 2014 at 12:05.
The sale will be organised in two stages.
The initial price during the first round of bidding stage is 1,500,000 €.
The investor shall accept the obligation to develop the area´s infrastructure, including roads, utilities and green areas.
The investor should submit the spatial strategy for the area. The strategy makes possible to increase the permitted development volume.
The investors that make a bid conforming to the requirements in the first stage will be allowed to make final bids in the second stage.
Some heritage protection restrictions apply.Kopli-Project1


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