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The Eika group of companies continues the development of residential buildings in Pilaitė and begins the construction of two more apartment buildings, which are designed to have 150 apartments.
The Eika Group of Companies continues the development of residential buildings in Pilaitė and begins the construction of two more apartment buildings, in which 150 apartments are designed. It is planned that the settlers will move into these houses in the spring of 2015. This year, Eika will invest 45 million litas in Vilnius, of which 20 million litas will be allocated for the development of residential and commercial buildings in Pilaitė.
Currently, over 85 percent of the apartments in the houses being built in Pilaitė have already been sold. “In Pilaitė, we almost no longer had smaller one-room apartments, which are most popular among investors. We are trying to provide those looking for housing with as much choice as possible, so we are starting the construction of new houses as the supply has decreased,” says Domas Dargis, development director of “Eika”. There was only one unsold one-room apartment left in the company’s project in Pilaitė. In the newly built houses, buyers will be offered another 52 one-room apartments, the area of which ranges from 29 to 36 square meters.
The main advantages of this company’s project in Pilaitė are the tightness of the building, the quality of work performed and high energy efficiency, which is confirmed by low heating bills. The apartment buildings developed by “Eika” are the most economical in Pilaitė, based on the data published by “Vilniaus Energija” for the past two heating seasons. On average, heating per month for the residents of our houses in the winter of 2012-2013 cost 1.85 litas per square meter, in 2013-2014 – 1.36 litas per square meter,” says a representative of “Eika”.
This year, Eika also built a multi-storey 520-space parking lot and a 5,000-square-meter Hyper NORFA shopping center near Pilaitė Avenue. Eika, which began development in Pilaitė in 2007, has already built 11 apartment buildings and two shopping centers. By the end of 2015, it is planned to build three more apartment buildings here, which will house about 250 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.
More information:
Dom Dargis
Development Director
Phone: +370 5 2514 253
Fax: +370 5 2514 256
Email: [email protected]
old.eika.lt