Merevaate Residents

What Merevaate Residents does

Merevaate Residents is a single-asset residential real estate development located at Sepa 28 in the Põhja-Tallinn district of Tallinn, Estonia. The project, developed and managed by Eco Advice OÜ (operating as Eco Advice Kinnisvara), comprises 34 apartments and 3 commercial premises. Unit mix spans 1- to 5-room configurations, all with balconies or terraces; premium penthouse units on the 5th floor feature large terraces, sea views, and direct elevator access. Architecture was delivered by Puusepp & Mänd, and interior design — including three buyer-selectable finish packages (Beach Breeze, Island Oasis, Coastal Lux) — by PULO Disain; construction was executed by Mitt & Perlebach.

The business model is one-time residential real estate sales with no recurring revenue component. Distribution is exclusively direct through Eco Advice Kinnisvara's in-house sales manager Pille-Triin Urb, reached via phone, email, or the project website. The target customer is families and individuals seeking premium seafront living in the prestigious Kopli Lines neighborhood. Pricing is unit-based and disclosed via a downloadable price list; the final 6 of 34 apartments remain available as of 2025 and are being marketed at discounted prices.

Revenue is not publicly disclosed. There are no funding rounds, parent entities, external investors, or subsidiary structures disclosed. The entity has no proprietary software, AI/ML capabilities, or digital platform beyond a brochure-style website with Google Analytics integration. Eco Advice OÜ is a member of the Estonian Real Estate Association with over 20 years of operating history, and the development was completed and made ready for occupancy in April 2025.

Name

Merevaate Residents

Legal name

Eco Advice OÜ

Website

https://merevaateresidents.ee

Company type

Private

Founded year

2023

Operating status

Operating

Short description

Merevaate Residents is a single residential real estate development at Sepa 28 in Põhja-Tallinn, Tallinn, comprising 34 apartments and 3 commercial premises developed by Eco Advice OÜ, targeting premium seafront buyers in the Kopli Lines neighborhood via direct sales.

Ownership category

akta.pro rank

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Apartment Sales: Sale of residential apartments and commercial premises in the Merevaate Residents development. Revenue generated from property sales at Sepa 28, Põhja-Tallinn.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Merevaate Residents is a completed residential real estate development at Sepa 28 in the Kopli Lines area of Põhja-Tallinn, Tallinn, Estonia, comprising 34 one-to-five-room apartments and 3 commercial premises, all with balconies or terraces. The development is sold directly to buyers through Eco Advice Kinnisvara, with three customizable interior finish packages (Beach Breeze, Island Oasis, Coastal Lux) and penthouse units on the 5th floor offering large terraces and sea views.

Product overview

Merevaate Residents is a residential apartment development project offering a single unified product: apartment units at Sepa 28 in Põhja-Tallinn, Estonia. The portfolio consists of 34 apartments and 3 commercial premises, ranging from one- to five-room configurations, all with balconies or terraces. Three interior finishing packages (Beach Breeze, Island Oasis, and Coastal Lux) allow buyers to customize their units. Premium penthouse units on the 5th floor offer enhanced amenities with sea views. The project was developed by Eco Advice Kinnisvara with architecture by Puusepp & Mänd and interior design by PULO Disain.

Differentiator

Problem solved

Functional benefit

Products and services

• Merevaate Residents Apartments and Commercial Premises Residential apartment complex of 34 one-to-five-room apartments plus 3 commercial premises at Sepa 28, Põhja-Tallinn, Tallinn, Estonia. All units have a balcony or terrace and are located in the seafront Kopli Lines neighborhood. Buyers can choose from three interior finish packages (Beach Breeze, Island Oasis, Coastal Lux), and penthouse units on the 5th floor offer large terraces and direct elevator access with expansive Kopli Bay sea views. Targeted at families and individuals seeking premium waterfront homes in Tallinn.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Eco Advice OÜcoreChannel Partner/ Reseller/ DistributorReal estate developer managing the Merevaate Residents project. Handles sales and project management. Over 20 years of experience in real estate development. Member of Estonian Real Estate Association.
• Puusepp & MändcoreStrategic or Co-development PartnerArchitecture firm responsible for the architectural design of Merevaate Residents. Developed the unique seafront architectural solution.
• PULO DisaincoreStrategic or Co-development PartnerInterior design studio responsible for apartment and common area interiors. Developed three finish packages: Beach Breeze, Island Oasis, and Coastal Lux.
• Mitt & PerlebachcoreStrategic or Co-development PartnerConstruction company/builder responsible for constructing the Merevaate Residents buildings.

Scale indicators2 records

Recent moves5 records

Expansion highlights1 record

Emerging players

• Mapri Ehitus: Estonian construction and development firm increasingly active in residential real estate projects. Comparable as a developer of mid-size apartment schemes in Estonia, though with a stronger construction-services tilt.
• EKT Grupp: Tallinn-based real estate developer with a portfolio of residential projects in the capital region. Comparable as an Estonian apartment developer, generally smaller in scale than the listed incumbents.

Broad incumbents

• Pro Kapital Grupp: Baltic real estate developer with projects in Tallinn (e.g., Kristiine City, Ülemiste City residential components). Comparable as a multi-project residential developer, but at a larger and more diversified scale.
• Merko Ehitus: Estonia's largest publicly listed construction and real estate developer, active across Tallinn residential, commercial, and infrastructure. Directly comparable as a Tallinn-based developer of premium multi-unit residential projects, though at far greater scale.
• YIT (Estonia): Finnish construction and real estate group with Estonian residential development operations. Comparable as a multi-market developer active in Tallinn's apartment segment.
• Bonava (Estonia): Swedish-listed residential developer with Estonian operations producing multi-unit apartment developments in Tallinn. Comparable in product offering, though backed by a much larger Nordic parent.

Direct peers

• Liven Kodu: Estonian residential developer building mid- to upper-segment apartment communities in Tallinn. Comparable product type (new-build urban apartments), GTM, and customer profile.
• Hepsor: Estonian-listed real estate developer focused on residential apartment projects, primarily in Tallinn. Closely comparable in scale, target market, and project-based sales model.
• Endover Vara: Tallinn-based residential real estate developer focused on new-build apartment projects in premium city locations. Closely comparable in target buyer, project scale, and direct-to-buyer sales model.
• Kaamos Kinnisvara: Estonian real estate developer building residential and mixed-use projects in Tallinn and surrounding regions. Comparable in product type and direct-sales approach.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Merevaate Residents