REALCO: THE RECORD-BREAKING SIX MONTHS IN THE REAL ESTATE MARKET ENDED WITH A DOWNTURN; GROWTH OF HOUSING SUPPLY IS FORECASTED

After a very active start to the year, the primary real estate (RE) market in Vilnius is experiencing a downturn, according to experts from the RE development company Realco. In June, almost three times fewer new RE transactions were concluded in Vilnius compared to the record-breaking April. Despite this decline, the activity in the RE market in the first half of this year was both exceptional and recor...

WE HAVE LAUNCHED THE PRIE VILNELĖS PROJECT IN MARKUČIAI IN WHICH WE WILL INVEST EUR 15.5 MILLION

The reviving Markučiai neighbourhood near the Vilnius Old Town is attracting real estate (RE) buyers and investors. Realco, one of the largest real estate developers in Lithuania, has started the construction of the Prie Vilnelės project, which has attracted a great deal of interest from buyers. EUR 15.5 million will be invested in the construction. 65 per cent of the apartments in this project have alre...

THE TITLE OF THE FAVOURITE INTERIOR WENT TO AN APARTMENT IN ŠVENTOSIOS VARTAI

Some of the winners of the prestigious annual competition Interior of the Year/Golden Palette 2020 have been announced. By the online vote, an exclusive apartment in the Šventosios Vartai complex won in the People’s Choice (Tautos Interjeras) category. The apartment is furnished using solely the furniture and interior details of Lithuanian designers. The interior of the apartment that has won against sev...

WE STARTED CONSTRUCTION AND SALES IN THE NEW GO LIFE PROJECT – INVESTMENTS WILL REACH EUR 18 MILLION

Realco, one of the largest real estate developers in Vilnius, has launched a new project Go Life next to the Ozas Park. The four-building complex will accommodate a total of 275 apartments to meet the needs of young people and young families. Investments in the project will exceed EUR 18 million. “We have adapted the project to a modern and active buyer looking for housing close to nature with well-de...