Sales Information
When looking for a suitable apartment, you can submit an inquiry through the website or contact the sales manager. Apartments can be reserved until a suitable purchase agreement is signed or, if desired, a long-term reservation agreement with a reservation fee is concluded.
When purchasing with a bank loan, please contact the sales manager before submitting a loan application to the bank. Banks usually contact the seller first and submit their offers.
The sales manager prepares a draft notarized sales agreement based on the submitted information. When signing the notarized real right contract, the purchaser must pay the apartment purchase price in full, less the amount already paid under the reservation agreement.
Before signing the notarised real right sales agreement, the apartment will be inspected together with the Buyer, the solutions and equipment in the apartment will be introduced, and the completed works will be reviewed to ensure that everything complies with the agreed terms.
After signing the notarised real right agreement, the apartment will be handed over to the Buyer together with the key sets, maintenance and user manuals, and the utility meter readings will be recorded.
The Apartment Price Includes
- interior finishing
- connection to electricity, water, sewerage and district heating networks
- readiness for ordering communication services
The Apartment Price Does Not Include
- notary fees and state fees
- connection to communication networks
- kitchen furniture, kitchen appliances or other furnishings
Sales Warranty
The apartment is covered by a two-year sales warranty, which begins when possession of the apartment is transferred to the Buyer. If possession is transferred before the building receives its occupancy permit, the warranty expires two years after the occupancy permit is issued.
The warranty applies to completed construction works, used materials and installed equipment, and does not apply to defects caused by improper use or by construction and finishing works carried out after handover.
Defects that prevent the use of the apartment are remedied at the earliest opportunity, while other defects are resolved after the warranty period ends. The apartment is covered by a two-year sales warranty, during which the developer carries out the necessary warranty works at their own expense.
Developers
The development project is brought to life by experienced real estate professionals. The developers are Lõuna Kinnisvara board members Andrus Võsso and Rein Liiva, together with Rare Kapital board members Reiko Kallion and Raul Joonasson.
Lõuna Kinnisvara has renovated and built dozens of apartment buildings over more than 23 years of operation in Tartu and has developed residential areas in Kastre and Luunja municipalities.
Rare Kapital’s team has extensive experience in real estate development and project management, having completed several residential and commercial real estate projects. Their activities cover both development and investment project management.
The shared goal of the developers is to create high-quality, modern and sustainable living environments that offer value today and in the future.
Builder
Dorpat Ehitus has more than ten years of experience in the construction sector, during which the company has grown into a reliable and experienced player in construction contracting and real estate development.
Since 2020, Dorpat Ehitus has built more than 600 apartments and over 50,000 m² of residential and commercial space in and around the city of Tartu.
The goal of the Dorpat Ehitus team is to build trustworthy cooperation with colleagues, partners and clients. The company’s work is based on looking beyond the project on the table today, creating well-functioning and long-lasting buildings.
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