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Naujamiestis is waiting for the change – Algirdo str. a unique residential building will soon begin to be erected on the vacant lot. Project proposals for this building have been submitted to the Vilnius City Municipality for publicity. 96 apartments are planned to be installed in the designed apartment house on a plot of almost 0.5 ha and construction will begin in the last quarter of this year.
The project is being developed by Realco, one of the largest real estate developers in Lithuania. The project vision of an exceptional perimeter building of a 2- to 5-story residential house is implemented by the “Arches” architectural firm.
“The idea and the shape of the object were dictated by the location in the city: the plot is located on one of the oldest streets in Naujamiestis, from where you can reach the city center and the old town on foot in just a few minutes. This maintenance-free plot has long been like a villain in the central part of the city. We plan to revive it by incorporating a low-rise apartment complex that integrates organically into the surroundings. The project will be focused on a high quality of life, so its architectural solutions are characterized by uniqueness, quality and special attention to the environment and the privacy of future residents, ”says Julius Dovidonis, CEO of Realco.
Maximum privacy in the city center
The new building in Vilnius Naujamiestis will be characterized by unique architecture, combining the feeling of space and privacy of the residents. The project provides prestigious segment apartments with 1 to 4 rooms with an area of 35 to 120 m2. meters. If necessary, the apartments can be combined, some, on two floors.
On the ground floor parallel to Algrido street. 6 commercial premises with areas from 49 to 80 square meters. meters.
Focusing on the comfort of future settlers, all apartments will have private terraces, balconies, panoramic windows. The building will have high quality acoustic insulation.
According to J. Dovidonis, the implementation of the vision of this project followed the main direction – to give a person living in the city center the feeling of living in an individual house in a green suburb, for which a lot of attention is paid to its environment.
The house located on Calle Algirdo will have a large closed patio, divided into independent functional zones: a children’s play area, areas of peace and relaxation and a sports area.
Interest in prestigious apartments does not wane
Algirdo g. The executed project will complement the supply of prestigious apartments in the capital, which, according to J. Dovidonis, is currently in decline and does not meet the growing demand.
“We analyzed the market and noticed that the demand for prestigious apartments in Vilnius has been growing recently. The qualitative aspect of the project is also increasingly important. Buyers want to live in a home built with the highest quality materials. They are interested in large apartments. This is one of the reasons why, as soon as we announced a new high-end residential project, we received many requests to familiarize ourselves with future apartment plans and reservation requests, ”explains the interlocutor.
Realco plans to invest around LTL 16 million in the implementation of the project. euros.
In January this year, Realco became the leader in apartment sales in Vilnius. During the first month of this year, Realco sold 56 apartments in the capital, mainly in the “Prie Vilnelės” project developed by the company in Markučiai and in the “7 afternoons” project developed in Pašilaičiai.
In the capital, Realco will soon present another new project, Go Life, located next to Parque Ozo, which will offer the market more than 270 homes.
