This post was automatically translated into English
In 2013, the Eika group of companies sold 166 new apartments in Vilnius and signed 62 preliminary housing sales contracts.
In 2013, the Eika group of companies sold 166 new apartments in Vilnius and signed 62 preliminary housing sales contracts. Compared to 2012, the company’s sales of new apartments increased by 60%.
“Last year, we signed twice as many preliminary contracts, and added 200 new apartments to our supply – twice as many as in 2012. The number of buyers who buy apartments only after the construction of a house has begun is growing every year, because the supply of apartments in already built houses is small,” says Domas Dargis, Development Director of Eika.
In 2013, the company “Eika” sold the most apartments in Pilaitė. Almost 100 new apartments were sold during the year, which is 65% more than in 2012. In Pilaitė, functionally designed, small 1- and 2-room apartments were the most popular. In 2013, the average area of an apartment sold in Pilaitė was 48 square meters. In the project “Santariškės namai” being developed near Verkiai Park, sales increased by 61% compared to 2012, almost 70 apartments and cottages were sold. In 2013, spacious 3-room apartments were the most popular in Santariškės. The average area of an apartment sold was 18% larger than in 2012 and reached 70 square meters.
In 2013, the number of buyers who purchased Eika housing using a bank loan increased by 12%. The share of such buyers last year was 69%.
In 2014, the Eika group of companies plans to invest 45 million litas in the development of real estate in Vilnius. The company will continue the development of residential quarters in Pilaitė and Santariškės, and new residential projects are also planned in Jeruzalė and Bajorai. A 5,000 sq. m. shopping center under construction by the company will also open its doors in Pilaitė this spring. In 2014, Eika will increase its supply by more than 50% and will offer as many as 300 new apartments to those looking for housing.
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.
More information:
Dom Dargis
Development Director
Phone: +370 5 2514 253
Fax: +370 5 2514 256
Email: [email protected]
old.eika.lt