This post was automatically translated into English
The Eika group of companies is starting the construction of two more low-rise apartment buildings in the long-term project “Santariškės namai”.
The Eika Group of Companies is starting the construction of two more low-rise apartment buildings in the long-term project “Santariškės namai”. The low-rise housing settlement, which has been developing on a sixteen-hectare territory since 2005, will be completed next year. When the development of the entire settlement is completed at the end of 2015, about 1,150 families will live in “Santariškės namai”.
New residents will move into the new houses, which are being built and have 65 apartments, next summer. Almost 90 percent of the apartments in the already built houses in Santariškės have been sold. “In Santariškės, buyers give priority to more spacious housing, and the compact option is less attractive. Smaller two-room apartments are usually chosen by young professionals or couples without children. One-room apartments are often purchased by older parents who help take care of grandchildren or simply live near adult children,” says development project manager Jolanta Dobradziejienė.
Currently, four more low-rise apartment buildings of different energy classes A and B are being built in the settlement. Domas Dargis, development director of the company “Eika”, says that buildings of different energy classes provide buyers with the opportunity to choose. “Class A is only one of the criteria for choosing a home, but the layout of the apartment, the orientation of the windows, and the view from the windows are no less important for the buyer. We have buyers who pay more for the view from the windows than for a higher energy class of housing,” says the development director of “Eika”.
This year, the Eika group of companies will invest LTL 45 million in development in Vilnius, of which LTL 21 million will be allocated to the Santariškių namai project. Eika is also developing a multi-apartment residential block in Pilaitė, and this year it is also planning new housing projects in Vilnius – in Bajorai and Jeruzalė.
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