INVESTMENT PROJECT FOR THE 4-6 STOREY APARTMENT HOUSE BUILDING
Lvovo str. 79 / Krokuvos str. 62, Vilnius, Lithuania, EU
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Investment project consists of:
- Land plot - total area 4745 sqm (3251sqm - private property, 1481sqm - public park/square), in the prestigious location of Vilnius, next to business, amusement, sport, shopping centers, municipality institutions, in a quiet, cozy nd comfortable place to live.
- Detailed locality plan, intensity 1.98.
- Technical project of the 4-6 storey apartment house, 6200 - 6800* sq.m. area for sale of 102 flats with the permission for building. Parking for residents is planned in two (one*) underground level - 122 places. The ground floor can be used for multifunctional purpose.
- The modern architectural conception, comfortable and functional planning ensures high liquidity of the project.
- A unique commercial concept and marketing strategy "Paradigma - totality of dvantages" is developed.
- Website for flats reservation has been created.
- A comprehensive financial plan prepared by RE experts (financial memorandum).
- Analysis and Forecasts, prepared by Lithuanian RE agencies association
- Investment memorandum
- Necessary business services
- Lituanian RE market research
- NEW Design project optimization* is possible under present valid design reglamentation - basis for additional margin.
- There is one of the last remaining investment apparment house building projects in Vilnius CITY.
Photo of the land plot for sale:
Placed in the New Vilnius center CITY
Unique location:
1. The main advantage - land plot is located in the CITY district of Vilnius - capital of Lithuania, EU (new center of the town).
2. Next to it, the Lvovo str. 89, is currently under construction apartment building, which covers from Lvovo str. road. The construction started in 2011 winter, this moment almost all the flats are already booked and / or sold, the building contractor is planning to complete the building this year already.
3. Konstitucijos ave. 21 (on the other side of the Lvovo str.) has designed several buildings entertainment / business complex, planned construction in the spring 2012.
4. The right side is confirmed by municipality the detaile plan for few commercial skyscrapers and entertainment building complex. Residential construction is not provided, expected lack of new apartment.
5. In the central part of Vilnius is shortage of new apartments and flats, the demand exceeds the supply.
6. Privileged location, near the Mayjor office, the Registru centras, SPA/ business/ show centre "Forum palace", Swed bank, Hotel Radisson, Trade/business centers VCUP, Evropa, Lvovo 25; Pupil House / swimming pool, School, University, River Neris, CITY infrastructure; close to downtown, but at the same time quiet and comfortable living space.
Successful technical project:
salable flats plots, alignments, conceptual brick architecture, a large green area, courtyard, playground:
visualization, view from the exterior facade:
visualization, view from the park / squire:
visualization, view from the courtyard and playground:
NEW
Vilnius City Municipality ready to invest about 100 million LTL to Lvovo and Krokuvos streets infrastructure reconstruction. It appears the pedestrian alleys, green spaces, squares, space for young people, skateboard park. The municipality approved the Lvovo str. and Krokuvos str. infrastructure reconstruction budget, which receives about 100mln.Lt.
Konstitucijos Ave. 21 (next to) started demolition of the old hotel building, it is planned to demolish untill the 2012 May. The site will be constructed by high A level office space, as well as business centre, hotel, a quality recreational area, service area. The New center of Vilnius - in the near future is expected to EUR 600 million. LTL investment.
2013 business centre - 100 m. from offering investment land:
Place on the map:
Fragment of detailed plan:
The time to invest:
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Low interest rate of bank deposits.
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Reduced demand for many consumer goods at the global level. Investments in the manufacturing sector are uncertain.
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In the market is a large amount of free money.
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Lithuanian market observed a significant decline in construction costs.
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At the time of investment in 2012 - 2014 predicted attractive housing crediting conditions.
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In Lithuania, according to analysts - shortage of new housing, especially in the central part of Vilnius (European Capital of Culture - 2009). The lack of such housing is significantly higher than in Western Europe.
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The housing market is not speculative in Lithuania, and is rapidly developing. Demand for new housing in the central part of Vilnius exceeds supply and is growing rapidly.
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In 2 quarter. 2011, annual GDP growth in Lithuania was 6.3%, average wage growth has acquired growth trends.
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A lot of wishing to rent an apartment in Vilnius, which increases attractiveness of the flats in the capital, and the majority of Lithuanian people consider the best investment funds - buy housing in the centre of Vilnius.
Lithuania:
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Vilnius - one of the biggest old towns in Europe with a large number of churches, a mild climate, favorable environmental conditions, beautiful natural landscapes, ancient architecture, neat and clean streets. In Vilnius - friendly and pleasant people to communicate. Vilnius - a compact, quiet, cozy and comfortable city.
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Lithuania- the southernmost of the Baltic countries, it features a mild climate, sea. The citizens are hospitable, many speek good English. Pure pine air, white sandy beaches, cuisine, brewing traditions, lush forests, clean rivers and many lakes, jersey, amber, ancient original culture and deep traditions - distinctive features of the country, making it attractive for living, tourism and investment.
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