Apartment For Sale in Vilnius, Lithuania

Prospect Apartments is an exciting new residential project in the Lithuanian capital, Vilnius, located in the city centre bordering the Old Town.

The development is a joint residential and commercial office project. The project was designed by one of Lithuania’s leading architects, and centred on the notion of harmonizing modern city centre living with that of the work place.

Despite the high design concept and build quality, prices are low and are expected to increase significantly throughout construction, driven by strong local demand and increasing economic prosperity. Transport to all the city and strong selection of nearby amenities are all particularly attractive to local professionals.

One of Prospect Apartments key selling points is its location. The development borders the Old Town and is within the new Financial/Commercial district.

Vilnius Old Town (European capital of culture 2009) is an easy walk away and there is plenty of public transport to all areas of the city. There are excellent local amenities in the near proximity of Prospect apartments; cinema, restaurants, supermarket shopping centre, private heath club and clinic.

With a significant undersupply of quality local housing in the area, demand from both rental and resale capacity is already strong. Rental yields ave. 5% with rental prices growing at 15% already this year we expect rents to have grown by a further 25% by 2009.

For further information and availability contact:
Colin Murphy T: 1890 425 425
or
email: investments@someplaceelse.ie