Haabneeme Beachfront Landmark Investment
On the shoreline of Haabneeme, where the sea meets the Tallinn skyline and sunsets define the horizon, a rare opportunity emerges to acquire a true coastal landmark. This is not merely a commercial property by the water, but a strategic partnership with one of Estonia’s leading restaurant groups – OKO Beach Restaurant, part of the renowned Siigur Restaurants portfolio.
It is an asset where architectural quality, brand strength and long-term lease security converge, creating both prestige and performance in a single investment.
SPATIAL CONCEPT AND FLEXIBILITY
Completed in 2018 and designed by the respected architectural bureau Korrus, the three-level building offers a total area of 421.6 m² and stands on an 861 m² plot designated 100% commercial land. On the sea-facing side, an approximately 160 m² terrace becomes one of Viimsi’s most sought-after summer destinations.
The building is currently fully leased and operated as a restaurant, yet it has been designed with adaptability in mind, allowing future reconfiguration in line with evolving business strategies or market trends. The clear spatial logic, panoramic sea views and contemporary architectural language create an environment equally suited for premium hospitality or alternative high-end commercial concepts.
ARCHITECTURE AND INVESTMENT STRENGTH
The modern architectural expression, quality construction and absolute waterfront positioning give the property a strong and enduring identity. Its value is rooted not only in the current concept, but in the irreplaceable nature of the location itself.
A valid lease agreement with the award-winning OKO restaurant is secured until 2033, ensuring stable and predictable income. As part of the Siigur Restaurants group, OKO represents one of Estonia’s most respected culinary brands. This combination – landmark seafront real estate and a proven operator – is exceptionally rare within the regional investment market.
PRESTIGIOUS COASTAL LOCATION
Haabneeme Beach on the Viimsi peninsula is known for its clean natural surroundings, tranquil atmosphere and strong residential community. The property enjoys open sea views toward Tallinn’s skyline, offering an experience that elevates every visit. Tallinn city centre is approximately 20 minutes away by car, ensuring accessibility without compromising exclusivity.
In the immediate vicinity, the newly completed Riviera residential development adds four exclusive apartment buildings with a total of 77 units, further strengthening the area’s demographic and long-term commercial potential. Viimsi continues to grow as one of the most desirable seaside communities, combining nature, affluence and convenience.
PLOT AND PARKING
The 861 m² commercial plot is efficiently planned, with six parking spaces located within a barrier-secured area. The generous seaside terrace enhances both operational capacity and experiential value, particularly during the summer season.
ADDITIONAL INFORMATION
Land use designation: 100% commercial. The property is offered with a long-term lease in place, providing immediate income continuity. Opportunities of this calibre – a functioning beachfront landmark with a leading hospitality brand and strong regional growth dynamics – are virtually impossible to replicate.
Haabneeme Beach Building is more than real estate. It is a position within Estonia’s culinary and coastal landscape, and an investment defined by location, identity and long-term relevance.
CONTACT INFORMATION
Lii Salusaar
lii.salusaar@luxum.ee
+372 5344 0956
LUXUM Real Estate
LUXUM is Estonia’s leading agency for the international sale and rental of premium real estate. With more than 33 years of experience, a team of agents dedicated to high-end property, an extensive global network, and real-time market insights, we are uniquely positioned to connect your property with the right buyer or to secure the home you have envisioned.
Recognised internationally as Estonia’s top premium agency, every property represented under the LUXUM brand carries a guarantee of exceptional quality, refined professionalism, and absolute reliability.
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