Kareiviu 5 in Vilnius

Name: Sales in Kareiviu 5 started!
Start: 2022-02-24T11:42:23.053559+00:00
End: 2023-12-31T23:59:59+0000
Location: Kareiviu 5

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Project info

Object ID: 18620

Finished at	February 2027
Price, m²	From 3500$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 35.00 m²
Floors	8
Apartments	483
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

122,500$

Net profit

5,883$

Payback period

15.2 years

Avg property value increase per year

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Promos and discounts for Kareiviu 5

About the project

A multifunctional project with housing, commercial, trade and leisure spaces is planned at the intersection of the Verkiai and Žirmūnai districts, especially in the neighborhood of the urban city of Ogmios. The total construction area of the project being developed in the territory of 1.81 ha will reach almost 35 thousand. sq.m. m, and the total investment will be the largest in the history of projects managed by the company - more than 51 mln. Eur.

For the most part, about 25 thousand. sq.m. m area will occupy residential buildings with a planned 500 apartments. Another 10 thousand. sq.m. m area will be allocated for two administrative business centers. Much attention is expected to be paid to public spaces and recreational solutions.

“The location is close to the center and the so-called CBD (Central Business District), and on the other side borders the Verkiai eldership on the banks of the Neris River - an important part of Vilnius' natural framework and one of the greenest places in the city. In the town of Šiaurės and Šnipiškės, the urban environment is mature enough, the infrastructure is very developed here, therefore we are aiming for high value-added solutions for the city and residents in our future project, which is difficult to imagine without a professional and sustainable approach to architecture, ”says Mantas Galdikas, Director of Citus .