Estonias most expensive private villa sold to casino magnate and partner
Estonia’s most expensive private residence, a luxury villa in Viimsi, has been sold to casino magnate Marek Nõmmik and Silvia Ilves, according to local reports. The property, previously owned by Reform Party politician and entrepreneur Märt Vooglaid, was listed for €2.5 million, down from its original price of nearly €4 million .
The 1,160-square-meter villa sits on a 20,000-square-meter plot and features eight rooms, a spa, a private cinema, two tennis courts, and a separate building with its own kitchen and dining area for events. The listing described it as a historic yet architecturally bold estate, blending old-world charm with modern design .
In Spain, hotel group Belagua, controlled by businessman Antonio Catalán, completed a series of share purchases from the Cosmen family, reducing their stake to 4%. Belagua acquired a 14% interest in two tranches in 2025—269,787 shares for €10 million in June and 566,455 shares for €21 million in December—followed by an additional 283,227 shares for €10.5 million in February 2026. The company secured a €10.5 million bank loan to finance the latest transaction, with terms tied to the 12-month Euribor rate plus a 0.5% margin, maturing in up to seven years .
Belagua reported 2025 revenues of €286 million, a 6.7% increase, with operating profits rising 8.7% to €50 million. Net profit, however, fell 34% to €27 million. The company operates several hotels under surface rights agreements, with terms ranging from 33 to 75 years .
Meanwhile, in Berlin, the future ownership of the Hotel Adlon remains uncertain. Felix Adlon, great-great-grandson of the luxury hotel’s founder Lorenz Adlon, expressed hope that long-time operator Kempinski would acquire the property. “That would be nice. And if it’s someone else, I hope they honor the history of the house,” he told Tagesspiegel .
In Portugal, Brazilian logistics entrepreneur Paulo Marcelino, whose residency application was removed from the AIMA system, said he intends to sell his business and move to Spain. Marcelino, currently in Portugal with his family on a digital nomad visa, cited issues with AIMA as the reason for his decision .
Follow us for live European news
- 1
- 1
- 1
- 1
- 1
- 1
- 1
Articles
Cel mai tăcut și bogat capitalist: controlează banii și giganții industriali. Și de care n-ai auzit Nu vorbește, nu face poze, nu dă interviuri. Și totuși, mișcă Wall Street-ul, înființează trusturi industriale și lasă în urmă o avere de 100 de milioane de dolari – fără ca nimeni să-și amintească de el. George Fisher Baker nu vorbește mult. Nici nu trebuie. Munca lui vorbește de la sine. El este „cancelarul băncilor …
hotnews.ro · about 4 hours ago
Változás az Equilor alapkezelő tulajdonosánál – megoldódik-e a rejtély? Korábban az adóhivatali nyilvántartások egy Tiborcz Istvánhoz közel álló üzletembert neveztek meg végső tulajdonosként egy érdekelt magántőkealapnál, amit az érintettek igyekeztek kimagyarázni.
hvg.hu · about 4 hours ago
Sanjeev Guptas family takes out £24mn mortgage on Belgravia mansion Investment firm Topland provided bridging loan to controversial steel tycoons wife
financial times · about 4 hours ago
La hotelera de Catalán compra el 14 de los Cosmen por 41 millones Belagua, la hotelera controlada por el empresario Antonio Catalán, ha comprado a la familia Cosmen una participación cercana al 14 por 41 millones de euros. Leer
expansion · about 4 hours ago
El dueño de Coosur y La Española reduce su beneficio a la mitad Las ventas de Acesur registraron una caída del 26, hasta los 1.106 millones de euros. Leer
expansion · about 4 hours ago
Empresário: Minha vontade é de vender a empresa e ir para Espanha por causa da AIMA Brasileiro Paulo Marcelino, sócio de uma empresa de logística em Portugal, viu o pedido de residência sumir do sistema da AIMA. Ele, que está com mulher e filho no país, tem visto de nômade digital.
publico · about 4 hours ago
FOTOD ⟩ Kasiinomiljonär Marek Nõmmik ostis tuntud poliitikule kuulunud luksusliku villa Silvia Ilvese abikaasa Marek Nõmmik ostis tuntud poliitiku ja ettevõtja Märt Vooglaiu maja.
postimees · about 6 hours ago
„Das wäre ein Schlag für meine Familie: Wen sich der Adlon-Erbe als Käufer für das legendäre Luxushotel wünscht In diesen Tagen läuft die Frist für einen möglichen Verkauf des Berliner Luxushotels Adlon ab. Der Nachfahre des Gründers hat einen Favoriten für den Kauf. Und würde dem Haus selbst eine vegetarische Speisekarte verpassen.
tagesspiegel · about 7 hours ago