Vana-Sauga 2

Unique apartments for sale in the soon-to-be-completed Vagabond Lofts building

Vagabond Lofts will be completed in June 2025!

Vagabond Lofts are located in a unique area of Pärnu, surrounded by the greenery of a garden suburb and the beauty of riverside living. Far enough from the hustle and bustle of the city center to enjoy the surrounding environment, yet close enough for daily errands to be managed with minimal time. Less than a 15-minute walk away are Pärnu city center, shopping centers, and the marina. This wonderful place is situated on the banks of the Sauga River, where passionate sailors will find a boat dock and mooring spots on both sides of the river.

Architecture

The interior walls of the two-story loft-type apartments are dotted with red bricks and are thick enough to stylishly maintain privacy. All rooms are created with a specific purpose – they must accommodate the owners' diverse and lofty dreams. Ceilings with a height of 4.7 m are the absolute highlight of the lofts, and ceilings under 3 meters simply cannot be found here. And when you imagine the 4th floor with a rooftop terrace, your thoughts will certainly wander off to the Milky Way in the best possible sense... But there is no need to worry, because the building has an elevator and the direct route through the floors to the clouds always runs smoothly.

Interior Design

Vagabond Lofts are spacious, featuring high ceilings and pleasant loggias. For interior design, you can choose between three different packages: the first is more minimalist (Amsterdam), the second somewhat more exclusive (London), and the third emphatically industrial (New York).

All materials used in the interior finishing are natural, ecological, and high-quality – natural parquet and wooden windows let the building breathe and add air and light. The interior designer has thoughtfully designed the details of the interior as a whole, creating a distinctive atmosphere that is very easy to fall in love with.

Steps to Purchasing a New Home

Reservation

Please contact our representative and inform them which apartment you wish to reserve. The reservation is based on the conclusion of a reservation agreement and the payment of a fee (2000€), upon which the apartment is reserved. After reservation, the buyer selects the interior design package according to the provided options, and then the documents necessary for concluding the law of obligations agreement are prepared in cooperation with the seller.

Law of Obligations Agreement (VÕL) – first installment
Over the following weeks, we will conclude a notarized law of obligations sales agreement. The buyer pays 20% of the apartment price to confirm their purchase intention. In the case of bank co-financing, the down payment amount associated with the VÕL agreement is equal to the self-financing amount agreed upon with the bank. During the period when the apartment building is under construction, a notarized law of obligations agreement is valid between the buyer and seller, in which the completion date of the new home and the details related to the apartment are agreed upon.

Real Rights Agreement – the new home is ready
Upon completion of the apartment building, we will conclude a notarized real rights agreement, which entails the transfer of ownership of the apartment and the owner of the new home must pay the remaining 80% of the apartment price or, in the case of bank financing, the extent of the bank financing. The real rights agreement must be concluded within 1 month after the final completion of the apartment building.

The purchase price of the apartment includes:

• readiness of the apartment and building according to the project and interior finishing solutions;
• sanitary fixtures;
• fee for the construction of and connection to utility networks (electricity, water, and sewage lines);
• gift upon concluding the notary transaction.

The purchase price of the apartment does not include:

• notary fee and state fee related to the conclusion of the sales agreement;
• storage room (4500€)
• parking space (6000€)
• connection fee for telephone, data communication, cable television, and security alarm systems.

Important

• The developer will complete the apartment building by the deadline stated in the agreement. The deadline is valid only when choosing the standard solutions offered by the developer.
• Special solutions and requests may change the completion date.
• Pictures on the website and sales catalogs are illustrative and may be inaccurate