Eco Advice Kinnisvara

What Eco Advice Kinnisvara does

Eco Advice Kinnisvara (legal entity Eco Advice OÜ) is an Estonian real estate development and brokerage firm founded in 2003 and headquartered at Jakobsoni 7, Tallinn. The company operates across two integrated lines of business: (1) principal development and sale of new residential properties (apartments, row houses, and semi-detached houses) under named projects in Tallinn neighborhoods (Kristiine, Põhja-Tallinn, Kadriorg, Pirita), Tartu, and Saku; and (2) professional services including brokerage, pre-purchase construction quality inspection, development project management, owner supervision (via wholly-owned subsidiary Pro Advice OÜ), and SPV-based joint development partnerships for land owners. Its business model blends one-time revenue from unit sales, transaction commissions on secondary-market brokerage, project management fees on third-party developments (e.g., Merevaate Residents, Linnupesad), and profit-share returns on SPV co-investments.

The core technology footprint is conventional for a boutique real estate operator: standard construction methods (concrete, wood cladding, heat pumps, ventilation with heat recovery, A-energy class ratings), third-party smart home hardware from Bisly in the Tihasepesa project, 3D visualizations from Revismo and Nordic Render, and a multi-channel digital marketing stack spanning project microsites, kv.ee and City24.ee portals, and Facebook/Instagram/LinkedIn. No proprietary software platform, API, or AI/ML capability is in evidence. Go-to-market is sales-led: four dedicated sales managers handle inbound from private buyers, while the CEO and development manager engage business clients (developers, investors, land owners) directly for enterprise-level development mandates. Customers are individual home buyers, property developers and investors, and land owners in Estonia; the company is a member of the Estonian Real Estate Companies Association (Eesti Kinnisvarafirmade Liit) and counts 18 completed projects and 150+ homes delivered across its history, with 6 active projects as of late 2024.

Name

Eco Advice Kinnisvara

Legal name

Eco Advice OÜ

Website

https://ecoadvice.ee

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Short description

Eco Advice Kinnisvara is an Estonian boutique real estate developer and broker founded in 2003, developing and selling new apartments, row houses, and semi-detached houses in Tallinn, Tartu, and Saku while offering brokerage, project management, and SPV-based land development services to private individuals, developers, investors, and land owners.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

Other Activities Related to Real Estate (531390), Real Estate Property Managers (53131), Lessors of Residential Buildings and Dwellings (531110)

SIC

Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Real Estate Market Research & Economic Advisory (Demand/Supply, Location Analytics) (BPAJANAD)

akta.pro secondary industries

Land & Development Site Brokerage (BPAJABAG), Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)

Keywords

• Residential real estate development
• Real estate brokerage
• Property development management
• Construction supervision services
• Real estate consulting

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Marketing or Sales, Operations, Technology or R&D

Revenue model

1. New Real Estate Development and Sales: Eco Advice develops new residential properties (apartments, row houses, semi-detached houses) and sells them to end customers. Revenue is generated through the margin between development/construction costs and final sale prices. The company also co-develops properties with land owners through SPV structures.
2. Real Estate Brokerage and Sales Management: Commission-based real estate sales services for private individuals (buy/sell/rent) and businesses. For private clients: pre-purchase quality inspection, property sale/purchase, rental management. For business clients: development project management, owner supervision, classical brokerage.
3. Development Project Management Services: Full-service project management for property developers including feasibility analysis, planning, design management, construction management, sales organization, marketing, and warranty management. Fees are charged as part of a bundled service package.
4. Land Development Partnership (SPV): For land owners, Eco Advice establishes a special purpose vehicle (SPV) where the land owner contributes land and Eco Advice finances all other costs. Profits are shared proportionally. This represents a co-investment revenue model where Eco Advice earns returns on its capital contribution.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Eco Advice Kinnisvara develops and sells new residential properties — apartments, row houses, and semi-detached houses — across Tallinn, Tartu, and Saku in Estonia. Beyond property development, the company offers real estate brokerage, development project management, owner supervision (via subsidiary Pro Advice), and consulting services to both private home buyers and business clients such as property developers, investors, and land owners.

Product overview

Eco Advice Kinnisvara is a real estate services company founded in 2003, operating as a full-service provider for both residential and commercial property needs. The company operates across two main areas: (1) Development Projects – developing and selling new apartments, row houses, and semi-detached houses through multiple named projects including Ujula 51 (Tartu), Merevaate Residents/Sepa 28 (Põhja-Tallinn), Tihasepesa/Tihase 27 (Kristiine), Siidisaba 3 (Kristiine), Faehlmanni tn 27 (Kadriorg), Masti 7a/Sadama Korterid (Pirita), Havi Kodud (Saku), and Räägu tn 16 & 18 (Kristiine); and (2) Services – offering a comprehensive suite including Eco Advice Kodu for residential clients, Business Client Services for property owners and developers, Developer Services for project management, and Land Owner Services for land value enhancement. The company manages the full development lifecycle from site selection through sales, often collaborating with subsidiary Pro Advice for construction supervision.

Differentiator

Problem solved

Functional benefit

Products and services

• Ujula 51 New apartment building and semi-detached houses in Tartu's Ülejõe district along the Emajõgi river. Features 11 apartments and 2 semi-detached houses with A-energy class rating, developed by Eco Advice OÜ with Sport OÜ as architect and Dorpat Ehitus as main contractor.
• Merevaate Residents (Sepa 28) Seafront apartment complex in Põhja-Tallinn's Kopli Lines area with 34 apartments and 3 commercial spaces. Features direct sea views and penthouse apartments. Developed by Merevaate Residents OÜ with Eco Advice as project manager and sales coordinator.
• Tihasepesa (Tihase 27) Guest apartment building in Kristiine district featuring Bisly smart home solutions (digital temperature sensors, control screens, smart door locks), 27 guest apartments and 1 commercial space.
• Siidisaba 3 Small apartment building in Kristiine district with 12 apartments (2-4 rooms), A-energy class, featuring PULO Design interiors, developed by Ragoza OÜ with Eco Advice as development manager and sales coordinator.
• Faehlmanni tn 27 New apartments in Kadriorg district with 29 units, majority being 3-room or larger. Pre-sale has begun.
• Masti 7a / Sadama Korterid Exclusive residential and commercial apartments in Pirita district near the marina. 12 units (6 commercial, 6 residential) in a 3-story building with 3D visualizations by Nordic Render.
• Havi Kodud Row houses and semi-detached houses in Saku municipality. Two phases with first completions in 2026. Construction by Warecon OÜ.
• Räăgu tn 16 & 18 (Linnupesad) Row houses in Kristiine district with 12 units (7 at Räăgu 16, 5 at Räăgu 18). Features sauna, terrace, and private yards. Completed and handed over in 2024/2025.
• Eco Advice Kodu (Private Client Services)

Quantifiable outcome

• Parim uus korterelamu (Best New Apartment Building) award for Ujula 51 in Tartu at the Aasta parim ehitis 2025 competition, June 2026.

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered major, minor and core.

• Sport OÜ (Architecture)majorStrategic or Co-development Partner · 29 June 2025Sport OÜ is the architectural firm for the Ujula 51 project in Tartu, with architect Tiit Sild leading the design. The project won the Best New Apartment Building award in Tartu's Aasta parim ehitis 2025 competition.
• City24.eeminorGTM or Marketing Partner · 1 May 2025City24.ee published a feature article about the Merevaate Residents (Sepa 28) project, providing marketing exposure for Eco Advice's development.
• Dorpat Ehitus OÜcoreStrategic or Co-development Partner · 4 September 2024Dorpat Ehitus OÜ is the main contractor for the Ujula 51 project in Tartu (11 apartments and 2 semi-detached house sections), developed by Eco Advice OÜ. Dorpat Ehitus is one of Tartu's most renowned construction companies specializing in residential development.
• Warecon OÜcoreStrategic or Co-development Partner · 9 August 2024Warecon OÜ is the main contractor for the Havi Kodud row and semi-detached house project in Saku, developed by Eco Advice OÜ. Warecon has collaborated with Eco Advice on multiple previous projects including Keemia 33b and Tüve 49 in Kristiine.
• Merevaate Residents OÜcoreStrategic or Co-development Partner · 7 February 2024Merevaate Residents OÜ is the developer of the Sepa 28 (Merevaate Residents) project in Põhja-Tallinn. Eco Advice OÜ serves as the project manager and sales coordinator for this development, which comprises 34 apartments and 3 commercial spaces in two 5-storey buildings with sea views.
• Mitt & Perlebach OÜcoreStrategic or Co-development Partner · 7 February 2024Mitt & Perlebach OÜ is the main contractor (peatöövõtja) for the Merevaate Residents (Sepa 28) project. The company has an established long-term working relationship with Eco Advice across multiple projects.
• UR Partners OÜcoreStrategic or Co-development Partner · 8 November 2023UR Partners OÜ is the developer of the Räägu 16 & 18 (Linnupesad) row house project in Kristiine. Eco Advice OÜ serves as the development manager and sales coordinator. Project includes 12 house sections in two row buildings, completed and handed over in 2024/2025.
• Mitt & Perlebach OÜcoreStrategic or Co-development Partner · 8 November 2023Mitt & Perlebach OÜ is the main contractor for the Räägu 16 & 18 (Linnupesad) row house project in Kristiine, developed by UR Partners OÜ with Eco Advice as development manager.
• Riser Ehitus OÜcoreStrategic or Co-development Partner · 29 August 2023Riser Ehitus OÜ is the main contractor for the Siidisaba 3 apartment building in Kristiine, developed by Ragoza OÜ with Eco Advice as development manager and sales coordinator.
• Puusepp & Mänd OÜ (Architecture)majorStrategic or Co-development Partner · 29 August 2023Puusepp & Mänd OÜ is the architectural firm for multiple Eco Advice projects including Siidisaba 3 (Kristiine), Räägu 16 & 18 (Kristiine), Merevaate Residents (Sepa 28, Põhja-Tallinn), and Ujula 51 (Tartu). Key architects include Endrik Mänd, Kätlin Mänd, and Anna Fomina.
• PULO Disain (Interior Design)majorStrategic or Co-development Partner · 29 August 2023PULO Disain, led by Liis Tippel, is the interior design partner for multiple Eco Advice projects including Siidisaba 3, Räägu 16 & 18, Merevaate Residents, Ujula 51, and Räägu. The firm creates three distinct interior finishing packages for each project (two included in price, premium at extra cost).
• Pro Advice OÜcoreStrategic or Co-development Partner · 18 September 2017Pro Advice OÜ is an affiliated company within the Eco Advice group that specializes in owner supervision (omanikujärelevalve) during construction. It is an approved service provider recognized by Estonian financial institutions for construction quality control and warranty management. Vjatšeslav Mamona, Eco Advice's project manager, also holds a level 7 engineering qualification through Pro Advice.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Domus Kinnisvara: Estonian real estate brokerage focused on residential sales and rentals in Tallinn and surrounding areas. Overlaps with Eco Advice's secondary-market brokerage and B2C service offering for individual home buyers and sellers.
• LVM Kinnisvara: Estonian real estate brokerage and development services firm serving home buyers, sellers, and developers. Closely matches Eco Advice's full-service model for private clients, developers, and landowners.
• Uus Maa Kinnisvara: One of Estonia's largest real estate brokerages and developers, offering residential brokerage, new development sales, and property management. Directly comparable to Eco Advice's brokerage and development management scope in the same Estonian market.
• Ober-Haus: Baltic-wide real estate services firm offering brokerage, valuation, advisory, and new development marketing across Estonia, Latvia, and Lithuania. Comparable to Eco Advice's service breadth for both private and business clients, with broader Baltic geography.
• Pindi Kinnisvara: Long-established Estonian real estate brokerage active in residential sales, rentals, and new development marketing. Overlaps directly with Eco Advice's secondary-market brokerage and new-project sales coordination.
• 1Partner Kinnisvara: Estonian real estate brokerage and consulting firm serving private and business clients across residential and commercial property. Comparable to Eco Advice's service mix, including brokerage, advisory, and new development support.

Broad incumbents

• Nordecon: Estonian construction and real estate group active in building, infrastructure, and residential development. Operates in the same Tallinn development sub-markets as Eco Advice but as a much larger general contractor and developer.
• Merko Ehitus: Major listed Estonian construction and residential development group with broad portfolio across apartments, commercial buildings, and infrastructure. Competes for buyers and developer clients in the same Tallinn/Tartu market as Eco Advice, but at substantially larger scale.
• YIT Eesti: Finnish-origin residential developer with active Estonian operations delivering apartments and row houses. Competes with Eco Advice in Tallinn-area residential supply at a different (larger) scale and with broader geographic reach.

Regional players

• Bonava: Swedish-headquartered residential developer with selected Baltic operations. Comparable as a Nordic-style multi-family developer with similar product type (apartments, row houses) but primarily serving larger Nordic/German markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/EcoAdviceKinnisvara
• LinkedInlinkedin.com/company/ecoadvicekinnisvara
• Instagraminstagram.com/ecoadvicekinnisvara

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 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 Eco Advice Kinnisvara