Lunvio has officially joined the Lithuanian Real Estate Development Association (LNTPA). The company, which actively develops projects in Finland, Italy and Latvia, is currently exploring new opportunities in its home market and aims to foster knowledge-sharing within the Lithuanian real estate professional community.
Founded officially in 2022, but bringing together a team with more than a decade of industry experience, Lunvio’s decision to join the association is a long-planned strategic step. The LNTPA unites more than 100 leading developers, architects, lawyers, financiers, and other real estate professionals.
“In recent years, our primary focus has been on hospitality projects across Europe. Interestingly, our international expansion has frequently relied on strong collaborations with various Lithuanian partners, including Inrento, Röntgen, and Ryterna,” says Lina Baronaitė, CEO and co-founder of Lunvio.
“We also have development experience locally and are currently exploring new business ventures in Lithuania. LNTPA membership will allow us to scale our ambitions more efficiently. We believe our international insights will bring fresh value to the local real estate community, and we are eager to share them.”
Among Lunvio’s most notable projects is the fully operational Noa Villas – a silent luxury complex featuring 32 private villas nestled in the natural landscapes of Lapland, Finland, which attracts guests from all over the world. The company invested over EUR 9 million into this development. Looking ahead, Lunvio is set to complete the conversion of a historic building into a 35-room boutique hotel in Sicily and will also open a new 150-room hotel in Lapland.
In Lithuania, Lunvio previously developed Mėnulio Sodai in Klaipėda, an 88-unit residential transformation project. The company is currently preparing for its next local venture: a 100-home residential and public infrastructure complex near Vilnius.
“Lithuanian businesses are becoming increasingly active in expanding their real estate portfolios abroad. Lunvio’s international experience and diverse portfolio bring unique insights to our association and its members. We welcome Lunvio’s ambitions, their proven track record, and their willingness to contribute to our shared community knowledge,” says LNTPA’s President Mindaugas Statulevičius.
A core principle anchors every Lunvio project: to create enduring value that outlasts market cycles and short-term trends. The company’s founders and team firmly believe that successful real estate development requires a blend of strategic thinking, financial discipline, and a deep understanding of a location’s unique character and community needs.
Lunvio’s total investment volume for current and future projects in Lithuania and abroad stands at around EUR 80 million.