RASK consults on sale of Ammende Villa to former Skype shareholders.
From the professional perspective, the transaction was different from usual real estate transactions, because the property sold was:
- not land, but a building, as the land below the villa belongs to the city of Pärnu;
- historical and under heritage conservation.
Ammende Villa is one of the most unique and well-known villas in Estonia. It was built by Hermann Leopold Ammende, one of the richest merchants in Pärnu, in 1905. Since the mid-1990s, a boutique-style hotel has been operating in the villa under heritage protection. Entrepreneurs Rein Kilk and Hans H. Luik renovated the villa in 1999.
Kv3 OÜ is a 100% subsidiary of Ambient Sound Investments OÜ.
Ambient Sound Investments OÜ is an investment company established by the founders and former shareholders of Skype.