Livit Kinnisvara OÜ

What Livit Kinnisvara OÜ does

Livit Kinnisvara OÜ is an Estonian private limited company (OÜ) operating as a small real estate developer focused on the buy-renovate-resell value chain for residential apartments. The firm acquires apartments in need of renovation across Tallinn, Tartu, and the surrounding Harjumaa region, applies a structured renovation using professional contractors, quality materials, and tasteful interior design, and resells fully furnished homes that include custom furniture, walk-in wardrobes in most units, and branded appliances. On the supply side, the company operates a complementary 'Apartment Purchase' service that buys renovation candidates directly from sellers with free valuations, covered notary fees, and a 7-day closing process.

The business model is one-time transactional rather than recurring: revenue is generated from the spread between discounted acquisition of distressed apartments and the resale price of renovated units. Distribution runs primarily through the kv.ee real estate portal and the livit.ee website, with a dedicated three-person sales team — Taavi Mägi (construction and partners), Mart Mõtsnik (apartment sales and purchases), and Keiti Tennosaar (customers and housing associations) — handling direct customer engagement. The firm has assembled a banking partner stack (Bigbank, Coop Pank, Swedbank, LHV, Luminor, SEB) to facilitate buyer financing, alongside supply partnerships with Moobliait (furniture), K-rauta (building materials), and RUG.

Operationally the company is a micro-entity with no disclosed funding, no technology platform, and no AI/ML capabilities. Its competitive proposition rests on turnkey convenience, design quality, legal compliance of renovation work, and integration with Estonian mortgage financing rather than on scale, technology differentiation, or recurring revenue streams.

Name

Livit Kinnisvara OÜ

Legal name

Livit Kinnisvara OÜ

Website

https://livit.ee

Company type

Private

Founded year

2024

Operating status

Operating

Short description

Livit Kinnisvara OÜ is an Estonian micro real estate developer that buys apartments needing renovation in Tallinn, Tartu, and Harjumaa, renovates them with professional interior design, and resells them fully furnished to individual residential buyers, while also purchasing renovation candidates directly from sellers.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

Residential Remodelers (236118), Residential Building Construction (23611)

akta.pro primary industry

Whole-Home Interior Renovation (Non-Structural) (HSAPAEAC)

akta.pro secondary industry

Renovation, Remodeling & Tenant Improvements (General Contracting) (IMAFAAAE)

Keywords

• Apartment renovation services
• Residential real estate development
• Property renovation sales
• Turnkey apartment sales
• Apartment acquisition services

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

Revenue model

1. Renovated Apartment Sales: The company purchases apartments requiring renovation, renovates them with quality materials and tasteful interior design, and sells them as fully furnished homes. Revenue is generated through the margin between purchase price of distressed properties and sale price of renovated apartments.
2. Apartment Acquisition Services: The company buys apartments directly from sellers, offering quick transactions with notary service within 7 days, free valuation, and coverage of notary fees. This creates revenue through property acquisition at market value for renovation.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Livit Kinnisvara acquires apartments needing renovation in Tallinn, Tartu, and Harjumaa, performs full quality renovations with professional interior design, and sells the apartments fully furnished to residential buyers. The company also purchases apartments directly from sellers seeking quick transactions with free valuation, covered notary fees, and seven-day closing.

Product overview

Livit Kinnisvara OÜ is a real estate development company operating as a two-part offering: (1) Renovated Apartments for Sale — the core product of acquiring distressed properties, conducting quality renovations with professional interior design, custom furniture including walk-in wardrobes, and quality appliances, then selling fully-furnished homes in Tallinn, Tartu, and Harjumaa; and (2) Apartment Purchase Service — a complementary service that buys apartments needing renovation from sellers seeking quick, hassle-free transactions with fair pricing and covered notary fees.

Differentiator

Problem solved

Functional benefit

Products and services

• Renovated Apartments for Sale Quality-renovated and tastefully furnished apartments available for purchase in Tallinn, Tartu, and Harjumaa. Each unit is delivered fully renovated with professional interior design, custom furniture, walk-in wardrobes in most apartments, and quality branded appliances, ready for immediate move-in. Targeted at individual residential buyers seeking a primary residence without renovation work.
• Apartment Purchase Service Livit Kinnisvara purchases apartments needing renovation directly from owners in Tallinn, Tartu, and Harjumaa. Sellers receive a free valuation, market-based pricing, coverage of notary fees, full documentation handling, and transaction closing within seven days. Targeted at individual property owners seeking a quick, hassle-free sale without broker fees or lengthy listing processes.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered supporting.

• MoobliaitsupportingOthersFurniture partner for interior design and furnishing of renovated apartments.
• K-rautasupportingOthersConstruction and building materials supplier for renovation projects.
• RUGsupportingOthersPartner supplier for various renovation and furnishing needs.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Endover Kinnisvara: Estonian residential real estate developer focused on new-build and renovated apartment projects in Tallinn. Comparable to Livit in target customer (Estonian apartment buyers) and product positioning (quality residential stock in prime districts).
• Kaamos Kinnisvara: Estonian residential real estate developer active in Tallinn and surrounding regions. Comparable to Livit because it acquires, develops/renovates, and sells residential stock to end buyers in overlapping Estonian sub-markets.
• Hepsor: Listed Baltic residential developer with Estonian operations developing and selling new-build apartments. Directly comparable as a residential for-sale developer targeting similar Estonian buyer profiles.

Emerging players

• 1Partner Kinnisvara: Estonian real estate development and investment firm active in residential project development in Tallinn. Comparable as a competing residential developer in the same Tallinn sub-markets with overlap on buyer segments.

Regional players

• Bonava (Baltic operations): Nordic-origin residential developer with Baltic projects. Comparable in product type (new-build apartments sold to consumers) but operates regionally and focuses on greenfield development rather than renovation of existing stock.
• YIT (Baltic operations): Finnish-headquartered construction and real estate developer with active residential projects in Estonia and the Baltics. Comparable as a for-sale residential developer in overlapping Estonian sub-markets, though diversified across construction and broader Nordic footprint.

Broad incumbents

• Merko Ehitus: Estonia's largest construction and real estate group developing new residential housing alongside general contracting. Comparable as an incumbent operating in the same residential for-sale space, though at materially larger scale and with broader construction services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 Livit Kinnisvara OÜ