Can we already stick a “golden district” sticker on the territory of Vilnius station? New home prices have risen by a third in 5 years



[ad_1]

When traveling by bus or train, we get the first impression of the city by walking through the station area. For this reason, the major cities of the world are trying to focus as much attention and investment as possible in these areas. Of course, this is also driven by commercial purposes: tourists are expensive, so it is very important to have attractive commercial facilities in the station areas. Finally, the station district was seen differently in Vilnius: city planners and investors announce the rebirth of the station district and promise that it will soon repeat the success of Užupis, Markučiai or Paupis. What does this mean?

Not only investments in public spaces in the area of ​​the Station, green areas, convenient transport on foot, bicycle or scooter, but also attractive commercial objects for merchants and service providers, new real estate projects. Those who are interested in the real estate market know that all these listed advantages of the district, although still developing, are already driving up house prices, which in the future may be the highest here in Vilnius. It is already estimated that the prices of new homes in the Station area have risen by around 30% in five years. That is about 5 percent. more than the average change in Vilnius primary housing market prices.



[ad_2]