Plots with plan and connections for up to 30 apartments.
Plot area 4978, detail plan exists
Additional information: electricity, water
Neighbourhood: surrounding buildings apartment buildings
For sale: two adjacent development plots for apartment buildings on the border of Pärnu, in the Hirvela residential area in the center of Sauga. According to the valid detailed plan, both properties (Rabaveere St. 2 and 4) can be developed with an apartment building containing 15 apartments, allowing the construction of up to 30 apartments in total. The plots have established electrical connections (both main fuses 3x40 A), built access roads, street lighting, as well as water, sewage, and telecommunications connection points. A district heating connection point is located 70 m away.
The maximum permitted building area of the plots is 380 m² and 366 m², respectively, with one building allowed per plot and up to 3 above-ground floors (maximum height 12 m). The apartment buildings must have a similar architectural design and use of materials. Detailed building conditions are established in the detailed plan, available at: https://www.torivald.ee/sauga-alevik-hirvela-tn-1-dp1
The Hirvela residential area is located 5 km from the center of Pärnu, with convenient access from the new 2+2 Tallinn-Pärnu highway. The access road within the residential area is asphalted.
The development project’s profitability calculations are based on 30 apartments (total sales area approx. 1,560 m²) and a total development area of around 1,840 m². All major costs and revenues have been taken into account, including construction and sales prices, connection fees, and other charges.
The selling price for the plots (€250,000) applies when purchased together. When purchased individually, the price for one plot is €150,000. VAT is added to the selling price.
For more information, please contact us.
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KINNISVARAEKSPERT has been operating on the Estonian market since 1993. Our offices are located in Tallinn and Pärnu, and we serve you all over Estonia. Through cooperation partners Nord Prime Capital and Alliance Group UAB, we are also represented in Latvia and Lithuania.
We offer brokerage services, valuation and real estate advisory services in both the private and commercial sectors.
Kinnisvarekspert works closely with one of the world's largest real estate companies, Cushman & Wakefield. Our cooperation spans all over the world.
You can find more information at www.kinnisvaraekspert.ee
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