Marienholm, regarded as one of the most significant developments in Läänemaa in recent decades, has received a strong market response, with 80% of the homes in the first phase already sold. Interest has remained high through the autumn, giving the developer the confidence to begin designing the second phase.
An exclusive residential environment in Pärnu’s beach district has captured the hearts of many. Architecture inspired by history, contemporary quality, and an ideal location come together to offer something more than just real estate – they create a lifestyle worth dreaming of.
Scandium’s real estate portfolio has been enriched with a significant architectural and historical landmark – the company has acquired the Sõjakooli 1 building in Tallinn’s Tondi district from Urmas Sõõrumaa.
Scandium Kinnisvara announces a photo competition inviting both professional and hobby photographers to capture the unique Marienholm peninsula – a place where nature, the sea, and the charm of a new living environment meet.
Scandium Kinnisvara has acquired the historic wooden villa at Tammsaare Boulevard 11 in Pärnu. This long-abandoned building, well known to many, will be thoroughly reconstructed inside and out. The building, once used as a holiday retreat during Estonia's early years, will regain its original historic function as luxurious holiday apartments.
Construction is starting on the advanced green apartment building, Allika Kodud, in the centre of Keila. The five-story building, featuring modern architecture, will include a rare green roof in Estonia, vertical greenery on the walls of the building with an automated irrigation system, solar panels, and numerous bicycle storage spaces. The developer is Scandium Kinnisvara, and the builder is Tesron Ehitus.
On Friday, July 12, Scandium Kinnisvara and Mitt & Perlebach held a topping-out ceremony for the Marienholm seaside development in Haapsalu. This project represents the largest private investment in Haapsalu’s history. Five buildings with 50 apartments have been completed, including a record eight homes in Haapsalu, each costing over half a million euros. Prices for two-room apartments start at 180,000 euros.
Next to the main gate of the Põhjala factory, the construction of the spacious Marati Kvartal began. A total of 76 apartments, business premises, a large 24-7 Fitness gym, a wide promenade and a park area will be built here. The developer is Scandium Kinnisvara and the construction company is Fund Ehitus. The buildings will be completed at the end of 2025. The investment for building the quarter is nearly 15 million euros.
Scandium Kinnisvara and Everaus Kinnisvara acquired a unique peninsula in Haapsalu on the left bank of Suur-Viik. The detailed plan allows the development of luxurious seaside villa apartments, a marina, and restaurants there. A dignified SPA hotel is planned to be built at the beginning of the peninsula.
Scandium Kinnisvara and Everaus Kinnisvara are developing a modern residential quarter consisting of 21 buildings at Luige. In the next two and a half years, 96 apartments will be completed in the large-scale development called Luige Homes, most of which are two-story terraced houses with a private garden. The heart of the area will be a community house where childcare facilities, a gym, and yoga hall, and a community garden with a greenhouse has been planned.
Nestin Rent, the first operator and developer of complete rental houses in Estonia and one with the largest rental portfolios, is now called Scandium Living. The company, which previously managed apartments and rental houses mainly owned by Scandium Kinnisvara, expanded its operations and now offers rent management services to other large property owners. Over the next three years, the portfolio is expected to expand to 2,000 rental apartments.