Pilaite Vilnius

Photos

Status Active Listing
Type Development
Location  Vilnius
Country  Lithuania
Sq.Ft  N/A
Price
(starting from)
 
€56,302
Property experts project an Annual rate of return of :
N/A
the return on your investment in one year:
For further reading on "property market in Lithuania" visit EMP Advisers website.

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Location :

 

This is a new release onto the market. Located in the area of Pilaite this development offers a low investment entry into the market in Vilnius. At only 10% deposit this means that from £3805 will secure you an apartment until completion. Completion dates are up until May 2008, which means there is a lengthy amount of time off plan for such a low deposit.



The area is an existing suburb, close to the TV Tower in Vilnius. It has an existing population that has been built up over the last few decades. It is serviced by good infrastructure for access to the centre.



Up until now the area has not had the new developments that have been established in other suburban areas of the city and this is why it makes it a good area to invest into.




Description  :

 

In the plans of the development there will be a 5,000 sq.m shopping centre developed along with commercial premises. The current road network is being improved to allow quicker access to other parts of the city.



Rental demand in the area is currently strong as it is in most of the suburbs of Vilnius at the moment. If you want more detailed information on the rents achievable in the area then please contact us so one of our consultants can advise you.



Apartment sizes range from 40 sq.m - 86 sq.m

The finish of the development is a grey finish.

The apartments are selling quickly, the majority on the local market, so if you are interested then please contact us immediately.

The completion of the development are in different timesscales:



Building 1B - December 2007

Building 1A - March 2008

Building 2A - May 2008

Building 2B - May 2008
 
 
 
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