Narva dormitory / office building auction 5 May
Private property, total area 3503 m²
Sanitary arrangements: separate toilet room and bathroom, sauna, shower, sewerage, urban water
Heating and ventilation: central heating
Additional information: balcony 30 m², public transport, packet windows, 3*380V, electricity, roof tar paper roof
Neighbourhood: location in the center location, roads in good condition roads, surrounding buildings apartment buildings
Narva Space with dormitory and office space, 3503.7 m2
Total area 2679 m²
Altro Capital OÜ is selling the property located at Turu 5, Narva city, Ida-Viru county, by auction
DEADLINE 5 may 2026
Kontakt e-post: h*****@n*****.space, telefon: *******
Address:
Ida-Viru county, Narva city, Turu 5
Registration section no.:
3912709
Cadastral unit identifier:
51105:004:0203
Intended purpose:
Land for public buildings
Area of property:
2,679 m2
Encumbrances in property law: none
Encumbrances in debt law: none
The building is divided into two buildings: office space (4-storey building with usable basement), classrooms and dormitory space (5-storey building with technical basement). The building has 4 entrances, the main entrance is between the two buildings.
Building drawings HERE
The building has 2-layer PVC windows, the facades have been reconstructed according to the 2010 design brief (insulation EPS60 with a thickness of 100mm, facade clinker tiles RAKETERM, plaster).
Office premises are mostly in good condition, except for the first floor, where repairs are necessary due to a water damage. Classrooms need to be repaired. There is mold in one room on the 5th floor. The dormitory rooms are mostly in satisfactory condition, the finish needs to be updated. There is moisture damage to the ceiling of the dormitory staircase and the basement floor.
The building is not habitable in its current state, the heating system, water and sewage were conserved in 2017.
Videos introducing the building's potential are available on the website https://narva.space. The winner of the auction will receive a free website and domain narva.space (without web hosting), if desired. The paper documentation accompanying the property includes:
- Facade reconstruction implementation documentation (Dec 2010)
- Revised basic design for the reconstruction of the dormitory facades (Sept 2010)
- Basic design for the reconstruction of the dormitory facades (Dec 2009)
- Fire alarm working documentation (2008)
- Second floor living room construction project (July 2004)
- Narva Business Incubator renovation, execution documentation, performed by AS FKSM (2003)
- Narva Business Incubator technical project: architecture and construction part (Nov 2001)
- Narva Business Incubator electrical installation (2001)
- Narva Business Incubator water supply and sewage system (2001)
- Narva Business Incubator heating, reconstruction (2001)
- Business Incubator ventilation system project (2001)
You can get acquainted with with pre-registration. You can register for a visit by email or phone.
Contact email: h*****@n*****.space, phone: *******
TERMS OF SALE
- Altro Capital OÜ is selling a property located at Turu tn 5, Narva, Ida-Viru County, by auction in the osta.ee environment with a starting price of 99,000 euros.
More detailed information about the property is provided in Appendix 1 to the terms of this auction.
- The bid must be submitted by the deadline specified in the Osta.ee environment.
- The amount of the auction deposit is 5,000 (five thousand) euros. The deposited deposit will be taken into account when paying the sales price upon settlement. The deposit will be returned in full to bidders whose bid was not the highest.
- The notarial sales contract and the real property contract shall be concluded with the winner of the auction at a notary selected by Altro Capital OÜ within 14 (fourteen) days from the confirmation of the auction results. All costs related to the conclusion of the notarial sales contract shall be paid by the buyer. The entire purchase price must be paid to the notary's deposit account by the day of the conclusion of the notarial sales contract. If the buyer uses the services of a credit institution to pay the purchase price, the buyer must submit to Altro Capital OÜ no later than the time of the conclusion of the notarial sales contract: - confirmation of the conclusion of the relevant agreement between the buyer and the credit institution, on the basis of which Altro Capital OÜ can be sure that the buyer will fulfill the obligation to pay the purchase price in full and
- confirmation that the buyer has given the credit institution a payment order for the purchase price (or the amount not covered by the buyer's own financing), on the basis of which the credit institution will make the relevant transfer to Altro Capital OÜ within 3 (three) banking days from the day of the conclusion of the notarial sales contract.
- If the highest bidder has not concluded a sales and property rights agreement for the property within 14 (fourteen) days of the confirmation of the auction results or withdraws the purchase offer, the management board of Altro Capital OÜ has the right to declare the auction unsuccessful.
ANNEX 1
Address:
Ida-Viru County, Narva City, Turu Street 5
Registration Section No.:
3912709
Cadastral Unit Identification:
51105:004:0203
Intended Use:
Land for public buildings
Area of the property:
2,679 m2
Real Property Encumbrances: none Obligatory Encumbrances: none
Buildings located on the cadastral unit
Buildings:
Building Register data on the buildings:
- Apartment building (building register code 118009730) with a closed net area of 3,503.7 m2
- Street lighting (building register code 220681145) with a surface area of 27.1 m2.
- Medium and low voltage underground cable lines with substations (AJ-293) (building register code 220819144) with a construction area of 540 m²
Connections and third-party utility networks and facilities:
Utility networks
Existence
