plot for sale, residential land - Tolli tn 7, Kuressaare linn, Saaremaa vald, Saaremaa

Development project with a building permit in Kuressaare

Plot area 1384, detail plan exists

Additional information: electricity, water

In the highly valued and historically distinctive Kuressaare Old Town, a development project with a valid building permit is offered for sale. The project plans the construction of an elegant residential building with 18 apartments, designed in a Nordic architectural style, at Tolli 7.

This is a rare opportunity to develop a high-quality living environment in one of the most sought-after locations in Saaremaa – the historic centre of Kuressaare.

The planned development is located within a short walking distance of the city’s main attractions and leisure areas. Nearby are Kuressaare Town Park, Kuressaare Beach, cozy cafés, restaurants and wine bars, as well as several well-known spas. The area also offers a variety of sports and recreational facilities, including Kuressaare Golf Course, the city stadium, and tennis and padel courts.

Key development information:
*Valid building permit for an 18-apartment residential building
*The project includes major reconstruction of the existing building and partial rebuilding
*Architectural concept featuring a Nordic minimalist and elegant style
*Large balconies and spacious terraces planned for the apartments
*Views over the rooftops of Kuressaare Old Town and green tree-lined streets

Architectural concept:

The project preserves the historic building volume facing Tolli Street and reconstructs the later extension facing Suur-Sadama Street.

The single-storey garage section is planned to be demolished, while the substation section will be preserved. Next to it, a pavilion for bicycle and micromobility storage will be constructed.

The building mass is architecturally divided into two volumes, reflecting the historical layout where the Tolli 7 property originally consisted of two smaller buildings forming a unified ensemble.

Entrances are planned both from the courtyard and from Tolli Street, through a central corridor.

*Courtyard area, parking and storage
*6 parking spaces in the enclosed courtyard with electric vehicle charging readiness
*Additional public parking in front of the building
*Bicycle parking both in the courtyard and inside the building
*Storage units on the 1st and 2nd floors
*Modern technical solutions
*Smart and energy-efficient features

The project includes several energy-efficient and smart building systems:
*Smart lock systems
*Heating, cooling and ventilation controlled via a web application
*Automatic metering and distribution of utility costs
*Local electricity production via solar panels

The result is a modern and energy-efficient residential environment that combines the atmosphere of a historic location with contemporary comfort.

This represents an attractive investment opportunity. The development, including the valid building permit, is offered for sale before construction has started, allowing the new owner to implement the project or further develop it if desired.
Christie’s International Real Estate was born out of the iconic Christie’s auction house, which has captivated a global audience of art collectors and luxury consumers since 1766. Christie's International Real Estate maintains a close partnership with the
auction house, creating unique synergies between the worlds of high-end real estate, art, and luxury goods.

Christie’s Real Estate Signature Estonia offers exclusive home and luxury real estate services. Should you want to sell, buy or rent real estate, feel free to contact us.

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575 000 € 415 €/m²
Land plot for sale
Land plot for sale www.kv.ee/en/3840387
Ground area 1384 m²
Cadastre no. 34901:010:0236
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Loan period: 20 y
Self-financing: 30%
Interest from: 3,5%