This post was automatically translated into English
In 2010, the EIKA group of companies sold 112 apartments in four projects and signed 31 preliminary sales contracts for apartments in new houses under construction in Pilaitė and Santariškės.
In 2010, the EIKA Group of Companies sold 112 apartments in four projects and signed 31 preliminary apartment sales contracts in new houses under construction in Pilaitė and Santariškės. More than half of the apartments were sold in the Santariškės Namai residential project, recognized as the best residential building project in Lithuania in 2009. More than 61 percent of Eika apartment buyers purchased their homes using a bank loan.
Economy-class apartments in 2010 accounted for 18 percent of the apartments sold, middle-class apartments – 59 percent, and the remaining 23 percent belonged to the prestigious class. “Previously, we sold mostly economy-class apartments, but in 2010 we sold more middle-class apartments. The changes in sales were mainly determined by a 52 percent decrease in the supply of apartments in Pilaitė,” says Development Director Domas Dargis.
During 2010, the choice of buyers of Eika housing decreased by 67 percent, as the supply decreased to 70 new apartments. This year, the supply will be supplemented by more than 100 new apartments in Pilaitė and more than 60 new apartments in Santariškės. About 25 percent of these apartments have already been sold under preliminary contracts. Over 24 million litas will be invested in the projects
About the Eika group of companies
Founded in 1992, the company “Eika” is one of the largest real estate development and construction groups in Lithuania. The group of companies consists of: UAB “Eika” – a leader in the real estate market, valued for its innovation, reliability and responsibility; UAB “Eikos statyba” – a construction company with extensive experience in the construction and renovation of administrative, public, commercial, industrial and residential buildings; UAB “Inžinerinės idėjos” – specialists in the design, installation and maintenance of engineering systems. The quality of the services of the group of companies is ensured by the implemented Quality standards ISO 9001:2000, Environmental standards ISO 14001:2004 and Occupational Health and Safety standard OHSAS18001:2007
More information:
Dom Dargis
Development Director
Phone: +370 5 2514 253
Fax: +370 5 2514 256
Email: [email protected]
old.eika.lt