The historic Draakon Hotel will become an exclusive residential development in the old town

The old town of Tartu will soon get a unique new housing development. The building from the 19th century, which has historically belonged both to a carriage maker and operated as a hotel under the name Draakoni, is now undergoing a thorough renovation. Under the new owner Livida, a modern and luxurious commercial and apartment building will be built there, offering for the first time the opportunity to purchase a home in a fully renovated building right in the heart of Tartu.

The old town of Tartu will soon get a unique new housing development. The building from the 19th century, which has historically belonged to both a carriage maker and operated as a hotel under the name Draakoni, is now undergoing a thorough renovation and is named Radhaus.
New owner Livid a modern and luxurious commercial and apartment building will be built there, offering for the first time the opportunity to purchase a home in a fully renovated building right in the heart of Tartu.

A unique opportunity to buy a home with all amenities on the Town Hall Square

The most unique apartment building in Tartu is developing between the historical walls of the building built in 1860. Several different commercial spaces will also be built on the first floor of the building. “What makes the project special is that it has not been possible to buy an apartment in the building on the Tartu Town Hall Square, which will be completely renovated into a modern one. This is a unique opportunity that probably won’t happen again in the near future,” said Livida’s managing partner Kaarel Kiidron.

The building has a total of 34 apartments, from small apartments to spacious and exclusive city center apartments. Radhaus is an exceptional opportunity for those who want to live in the historical heart of Tartu, but want to enjoy all modern comforts. The reconstruction of the building brings a new era to the old town, offering home seekers and investors something truly unique and exclusive

This is a unique opportunity that probably won’t happen again in the near future.

The historic facade of the building will be preserved, but the contents will receive modern updates

Through the modern smart home Bisly solution, it is planned to make the lives of residents comfortable and energy efficient. Automation systems integrated into the house control ventilation, cooling, heating and access systems, including using CO2 sensors that can detect when a room needs fresh air. Each apartment is equipped with number locks that allow remote management and are ideal for Airbnb rentals, for example, providing a unique entry code for the rental period.

The convenience of future residents is also being considered by installing smart mailboxes in the lobby. Mailboxes also function as parcel machines, where you can order and send parcels. In addition, an elevator will be installed in the building, which is a rare convenience in buildings in the old town.

Since Radhaus is located in the heart of the city, where movement by car is limited, great emphasis is also placed on the future “life without a car” mindset when planning the development. “The building has separate rooms for storing bicycles and scooters and their special washing area, where dogs covered in street dirt can be washed as an alternative. Our goal is to make movement and living in the city as comfortable as possible even without a car,” he said.

Floor-to-ceiling windows, unique balconies and five-meter ceilings

The specialty of Radhaus is not only limited to technical solutions. The building has some truly unique apartments. “For example, those interested have a unique opportunity to purchase an apartment with a balcony view of the Town Hall Square. At this point, we can say with certainty that such opportunities will not open up on the town square, because the construction of such balconies is no longer allowed. These are the only balconies with such a view in Tartu,” said Kiidron.

In addition, an open ridge is planned for some apartments, and the ceiling height reaches up to five meters in some places. The apartments located in the newer part of the building have floor-to-ceiling windows with a square pattern suitable for the old town, which create a cozy atmosphere. The two apartments at the back of the building will also have larger terraces, where residents can enjoy the sun and city life.

For Livida, it is important for its own developments to follow sustainable energy use with the future in mind. Although the renovated buildings are not required to meet the energy class A level, Radhaus nevertheless achieves maximum energy efficiency. “We do this because we want the quality we offer in Livida to be maximum, and future home owners should not have to deal with this issue again in the future,” said Kiidron.

More information Radhausi you can find about the development radhaus.livida.ee
Livid is an Estonian real estate developer whose heart is to make the process of buying and designing a home easier. Read more about Livida at www.livida.ee

Source: www.aripaev.ee