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This year, Eika, which invested 24 million litas in the development of new houses in Vilnius, completed the construction of its first house.
This year, Eika, which invested 24 million litas in the development of new houses in Vilnius, has completed the construction of its first house. The State Commission has recognized the Eika apartment building in Pilaitė, M.Mažvydo St. 10, as suitable for use, and the first settlers have already moved in.
The 7-storey building, which houses 42 new apartments, began construction in August last year. In this building, Eika was the first to offer its customers small 1-room apartments with an area of 28-31 square meters. “Small studio apartments have attracted the greatest interest. Currently, more than 80 percent of the apartments in the building have been sold, of which a third are sales of extremely small apartments.” – says Domas Dargis, Development Director of Eika.
Next to the new house, a second 9-storey apartment building is already being built, with 71 apartments planned. The construction of the house is halfway through – windows are being installed, interior partitions are being built. It is planned that the new residents will move into the house before Christmas. Currently, about 40 percent of the apartments have been sold. According to D. Dargys, it is planned to sell over 70 percent of the apartments by the end of the year. The prices of new apartments in the houses built by “Eika” in Pilaitė range from 3,700 litas to 4,500 litas per square meter.
This year, Eika invested 13 million litas in the construction of new apartment buildings in Pilaitė. Next year, it is planned to continue construction in Pilaitė and build more than 110 new apartments in two houses and a multi-storey car park. Eika, which began its development in Pilaitė in 2007, has already built 8 apartment buildings and the Pupa shopping centre. More than 440 families have settled in these houses. By mid-2014, it is planned to build another 5 apartment buildings, which will house more than 300 new apartments.
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