The Vilnius Park View development is one of the first in the attractive new suburban area of North Vilnius. Designed and built by one of Lithuania’s most successful and respected developers, for the investor this is a prime short to medium term capital growth product with excellent rental prospects which would cover the annual outgoings.

The city centre is a comfortable 10 minute drive away along beautifully tree-lined avenues. Many infrastructure projects are underway in Vilnius and in the northern area. In Vilnius, projects include expansion of the International airport, reconstruction of the central railway station, and a new tram and parking system. Within the northern area, included are the building of a new highway out of the town, the introduction of the new city tram system with a stop next to the City hospital a 5 minute walk away, a 2000 m2 shopping centre, a kindergarten and a primary school.

All leisure activities including bars, restaurants and cultural attractions are within a 10 minute car drive. Vilnius is a small city but has a vast number of cultural attractions such as the historic Old Town (the largest in Eastern Europe and a UNESCO heritage site), the Opera House, art galleries, a multitude of shopping centers, bars, restaurants, Red Square and the famous Vilnius Castle perched high on the banks of the Neris, the river which runs through the middle of the city.

There is also an efficient transport infrastructure in place with regular buses, private buses and regular taxis. Within Vilnius strategy 2002-2011, there is a proposed 300 tram system to be built. This will make moving around the city even easier with the main routes being through the Old Town, linking large residential areas and from the centre to the hospital district; exactly where this development is located. It is usual that property prices increase if a new transport link is made available close by.