News

Vilnius City Municipality has issued a permit for the construction of the Hero business centre owned by Realco, a real estate development company, in the central business district of the capital city, Lvivo Street (formerly Lvovo Street). “This is very good and long-awaited news. We had planned to start construction of the Hero business centre as soon as we received the building permit, but due to the...

According to the data of Realco, one of the largest real estate (RE) development companies in Lithuania, 126 dwellings were sold on the primary RE market of Vilnius in March this year, of which 68 were in the economy segment, 53 in the mid-range segment and 5 in the premium segment. Compared to March of last year, when 935 residential properties were sold, 7.5 times fewer dwellings were bought in the sam...

Vilnius City Municipality has issued a building permit for the construction of Algirdo 3, a high-end residential project in Naujamiestis, Algirdo Street. Realco, the real estate developer developing the project, announces that it will start construction work immediately, and also informs that apartment sales will start later. The company plans to invest around EUR 16 million in the project. “Algirdo 3...

According to the data of Realco, one of the largest real estate (RE) development companies in Lithuania, 343 dwellings were sold on the primary RE market of Vilnius in January this year, of which 185 were in the economy segment, 140 in the mid-range segment, and only 18 in the premium segment. Compared to the record-breaking January last year, the first month of this year saw a double drop in the number ...