2-room apartment for auction - Ülenurme, 52 m²

Description

Find similar opportunities on Fixatia. For sale is a two-room apartment No. 18, located on the third floor of a three-story apartment building. The total area of the apartment is 52.00 m², and the layout includes an entrance hall, an open living room-kitchen, a bedroom, a bathroom with a shower, and a balcony. The apartment is currently in a building under construction, which does not have an occupancy permit. The board of the Silmapiiri tn 1 apartment association submitted an application for an occupancy permit (No. 2611371/02662) to the building register on March 13, 2026. The Kambja Rural Municipality Government has reviewed the submitted documentation and conducted an on-site inspection, identifying deficiencies that must be rectified to obtain the occupancy permit by April 1, 2028, at the latest. To complete the construction of the apartment building, the apartment association decided at an extraordinary general meeting to order the necessary works, including a geodetic base plan, general construction works, roofing works, electrical installation works, heating and ventilation works, and phonetic system works. It was also decided to distribute the necessary loan amount (up to 550,000 euros) for financing the construction works among all apartment owners based on the apartment's real share in m². The board of the apartment association has been authorized to select the best offers for the procurement of works and services and to conclude the respective contractor agreements. It was also decided to apply for a loan from Swedbank AS to cover the necessary works and services for the completion of the apartment building. The loan amount is 550,000 euros, with a term of up to 15 years. Swedbank AS has confirmed the loan provision to the apartment association, which is intended for the preparation of the geodetic base plan, general construction works, roofing works, electrical installation works, heating and ventilation system works, and other necessary works. The disbursement of the loan will occur according to the contractor's invoices and work acceptance acts, with the prerequisite being the confirmation of independent construction supervision that the project will be completed within the planned budget and loan amount.

Property Details

Property Type

Apartment

Location