DistantNews
Support us
Vilnius Real Estate Project Nears Completion with Final Building Sales Launch

Vilnius Real Estate Project Nears Completion with Final Building Sales Launch

From Delfi · () Lithuanian

Translated from Lithuanian, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan

- Šnipiškės, Vilnius, is completing its most successful real estate project,

The "Naujasis Skansenas" (New Skansen) residential project in Šnipiškės, Vilnius, is nearing completion with the launch of sales for the final building. This project has been the company's best-selling residential development this year, earning accolades from the Lithuanian Real Estate Development Association. Data from "Citify" also placed it among Vilnius's top ten best-selling mid-to-prestigious housing projects, with 81 apartments sold since the start of the year.

The final building, named "Pašvaistė," will be located at Linkmenų Street 13. This marks the completion of the "Naujasis Skansenas" phase, comprising seven residential buildings scheduled for finishing in autumn 2027. Kęstutis Vanagas, head of "YIT Lietuva," noted that sales for the last building commence when most of the quarter is already developed, with its appeal evidenced by actual sales and returning buyers.

"We are presenting the final building in an established quarter – with landscaped courtyards, various services, a formed neighborhood, and a clear rhythm of life. 'Naujasis Skansenas' is our best-selling residential project this year, and some clients who bought homes in earlier stages are returning to choose apartments in the new buildings. For us, this is one of the clearest signs of trust," said Vanagas. He added that homes in the quarter are purchased for both living and investment.

The "Pašvaistė" building will feature 31 apartments and 5 commercial spaces. The six-story building offers 2-4 room apartments ranging from 40-94 square meters with partial finishing. Commercial spaces on the lower floors will be between 51-123 square meters. The building will meet A+ energy efficiency standards, with underfloor heating, recuperation ventilation, and large windows. The internal courtyards are designed without cars, featuring separate relaxation areas, a children's playground, and extensive landscaping.

We are presenting the final building in an established quarter – with landscaped courtyards, various services, a formed neighborhood, and a clear rhythm of life. 'Naujasis Skansenas' is our best-selling residential project this year, and some clients who bought homes in earlier stages are returning to choose apartments in the new buildings. For us, this is one of the clearest signs of trust.

— Kęstutis VanagasHead of YIT Lietuva, commenting on the success and buyer confidence in the 'Naujasis Skansenas' project.
DistantNews Editorial

Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.