Lithuanians are creating a luxury resort in Lapland: here’s how much a night will cost
Developers of leisure properties, Lunvio, are entering the Scandinavian market with a €7.5 million investment. The company is developing a 32-villa complex in Lapland called Noa Villas, which is planned to be completed and opened to visitors by the end of this year, according to a press release. According to the company’s CEO and co-founder Lina Baronaitė, […]
“InRento” enters Italy – the first project was fully funded in just over an hour
The crowdfunding platform “InRento” is entering another new market – Italy. For the first real estate rental project in this country, €520,000 was raised. This amount was collected in just over one hour. Such speed is becoming a trend for the company – recent projects have also been funded in a similar timeframe. “Investor activity […]
Klaipėda’s sleepy real estate market awakened by former dormitory: apartments are being snapped up for their prices
A former dormitory of Klaipėda State College has stirred up the city’s real estate market. After renovating the building on Jaunystės Street and offering 76 economy-class apartments for sale, the developers of the “Moon Gardens” project recorded a summer sales record. Since the beginning of the year, 33 apartments have already been sold, with the majority […]
The Klaipėda Suburb Boom Has Ended — Old Town Revival Expected
Klaipėda’s Suburb Boom Ends – Old Town Revival on the Horizon Real estate market participants interviewed by Vakarų ekspresas note that while the market isn’t particularly active this year, new trends are emerging. Interest in individual houses located in suburban areas around Klaipėda, such as Slengiai and its surroundings, is declining. Although a boom is […]
Abandoned Student Dormitory in Klaipėda to Become Modern Housing
A former student dormitory of Klaipėda State College has attracted investor interest — after renovation, 76 apartments will be offered for sale. The total investment will reach up to €4 million. Located on Jaunystės Street, the five-story building will feature mainly compact studio and one-bedroom apartments. Prices with partial finishing will start from €29,000. “While […]