OREANDA-NEWS. The Pro Kapital Grupp real estate development company included in the secondary list at the Tallinn Stock Exchange commences the presale of new apartments at the Tondi Residential Quarter. The first batch comprises one apartment building with 31 apartments.

The Tondi Residential Quarter being developed by Pro Kapital is one of the largest housing projects in Tallinn. While the focus at the first stage of development was on renovation of the former barracks that are subject to heritage conservation, the plan for the second stage is to add new apartment buildings, with the presale of the first one commencing today. Available are apartments ranging from 54.7 to 187.1 square metres and the prices start at EUR 89,900.

According to Paolo Michelozzi, Chairman of the Management Board of Pro Kapital, the Tondi area in Tallinn has everything one needs for living and that is a vital prerequisite both for future residents and for further development. “We are not building in a place where nothing existed before - we are adding value to an already well-functioning living environment,” explained Michelozzi.

He stressed that the greatest attraction and advantage of the Tondi project is the developed and properly functioning living environment that offers numerous and diverse pastime activities. “The location in a quiet and green secluded quarter, but only a short drive from the city centre, makes it perfect for whole families to settle in. Tondi has ideal conditions for pursuing sports: here you can go in for athletics, football, tennis and many other options. In the neighbourhood you will find schools and shops, there are also good public transport connections with the airport and central Tallinn,” added Michelozzi.

Among the exciting venues in and around the Tondi Residential Quarter are Tere tennis centre, Audentes Private School and Sports Centre with swimming pool as well as football stadium in a close proximity.

Further information about this area being developed by Pro Kapital, its apartment buildings, planning, construction materials used and prices set is available on this website: www.tondilinna.ee Pro Kapital Grupp is a leading Estonian real estate development company with a focus on modern large-scale commercial and residential real estate project development in Tallinn, Riga and Vilnius. Since its establishment in 1994, Pro Kapital has completed 20 development projects. The current portfolio of Pro Kapital Grupp consists of 11 real estate projects totalling EUR 180 million.