Max Invest purchase land plot in Vilnius for residential development
Vertablox has purchased land plot for residential development in Zverynas, the centre of Vilnius. The three-storey building will be developed into 12 apartments for private rent. With an estimated GDV of 2.2m EUR, the apartments are expected to fetch between 675 EUR and 1125 EUR per calendar month, inclusive of all bills including Wi-Fi and fortnightly cleaning. Ranging in size from 40 sqm to 90 sqm, residents will have their own private, fully-furnished living/ sleeping space with kitchenette and en-suite. Set on Latviu Street in the city centre, the development is located 5 minutes’ walk from Panorama Shopping Centre, 10 minutes from Lithuanian Parliament and 2 minutes from public bus station.