Two Bedroom Modern Family House in Lithuania

Two Bedroom Modern Family House based in the NOK NOK Home Project by REWO in Vilnius. When investing in any property on our platform you'll receive our Fully Managed Services. If you have any further questions, please don't hesitate to email our Investor Relations team.


Read more about the total investment costs, yields and the Project Below.

Two Bedroom Modern Family House in Lithuania

Two Bedroom Modern Family House based in the NOK NOK Home Project by REWO in Vilnius. When investing in any property on our platform you'll receive our Fully Managed Services. If you have any further questions, please don't hesitate to email our Investor Relations team.


Read more about the total investment costs, yields and the Project Below.

Home Price
€85,490

Total Investment
€123,490

Status
Completion by May 2020

Parking Space
Additional - €7,000

House + Garden
80.63 + 27 Sqm

Developer
REWO

Floor
Ground

Yield + Capital Gain
6%

Home Price
€85,490

Total Investment
€123,490

Status
Completion by May 2020

Parking Space
Additional - €7,000

House + Garden
80.63 + 27 Sqm

Developer
REWO

Floor
Ground

Yield + Capital Gain
6%

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Project: The NOK NOK Home Project is a spacious complex consisting of 73 single family homes, each with 3 floors. Each block is divided into 4-6 houses and have been designed with the highest energy efficiency standards.


Location: The project is located in Pilaite, a quieter and more developed suburb of central Vilnius. The building complex is located around 15 minutes drive from the city centre and is perfect for small families with proximity to schools, nurseries, shopping and essential municipal facilities.


The Developer: REWO are one of the largest and renowned Property Development companies in Lithuania. They were founded in 2004 and have produced over 30 projects in Vilnius and Kovno.

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Predicted Returns

  • Housing Prices had increased by 14.5% over the last 3 years & apartment prices in Vilnius rose by 3.2% in 2018.
  • Rental Yield in Vilnius is predicted at 6% in the suburbs.
  • In the Centre the Yield is predicted slightly lower between 4.5-5%.
  • The rent prices in Vilnius rose by 5% in the last 2 years.
  • New 2 room apartments range from 260-600/month.
  • Apartment prices in Vilnius had risen by 3.2% in 2018.

With over 30 years of experience in real estate, we aim to provide our Investors with assistance to ensure they achieve a return of at least 8%.

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Vilnius is the capital city in Lithuania and is the central hub for commerce, culture and politics. In recent years and since Lithuania joined the EU the city has experienced impressive economic growth.


In addition, Vilnius has transformed from an ageing Baltic capital into a flourishing, yet predominantly verdant metropolis. Furthermore, since the fall of the Soviet Union, Lithuania is like a new country filled with innovative and modern infrastructure, affluent shopping malls, academic institutions and museums.


15% of Lithuania's population live in its capital matching around half a million residents and the younger population have created an alternative bohemian environment, which has also encouraged tourism and Lonely Planet had listed Vilnius in the "Top 10 European cities to visit."

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Lithuania started to see unprecedented growth after it joined the European Union (EU) in 2004. The residents began to see an increase in salaries and personal wealth.

  • They are members of the World Trade Organisation and the Organisation for Economic Co-operation and Development (OECD).
  • Lithuania is the largest Baltic economy. Their GDP is around $47 Billion.
  • Population is approximately 2.8 million.
  • Apartment prices in Vilnius, Kovno, Klaipeda, Sholai and Ponevez increased by 14.5%.

FAQs

With over 30 years of experience in the real estate and legal sectors; we decided to produce a platform that simplifies the market. To do this, we created -- Investmart a PropTech platform that permits investors to purchase properties across the globe, whilst remaining in their home country.

We've working closely with investors & provided legal and management assistance to ensure they achieve the highest possible returns.

Search. Analyse. Invest. We'll manage the rest. Everything is taken care of from initial negotiations to finding new tenants.

The apartment costs are paid directly to the Developer and are protected by international sale law. Furthermore, payments are made by personal bank transfer and will be protected in an escrow account until you are satisfied with the construction progress and project completion.

No payment is made through this system.

If you have any further questions, please don't hesitate to contact our Investor Relations Team.

Cost Breakdown

Developer Charges

  • Apartment Price: €85,490
  • Finishing Works & Furnishing: €32,000.
  • Parking Space: €7,000 (not-mandatory).

Non-Developer Costs

  • Legal Expenses that accompany the transaction €6,000.

Investmart Costs

  • 5% additional cost for the Management Services.

Simply click the "continue" button on the property listing to start your global property journey. With our platform we'll support you with contracts and the entire management of the project right up to construction completion.

If you have any questions about the process or our management agreement, contact us here.

  1. After decided to invest through our platform, our representatives will contact you in order to guide you through the next stage of the process.
  2. The next step may involve meeting with a Notary at a location (in your home country) convenient for you, and to sign a Power of Attorney in his presence. This allows us to represent and facilitate the investment process for you.
  3. Following from this, you’ll be requested to transfer the investment amount to the dedicated ancillary account, in accordance with the amortisation schedule. In addition, you’ll be required to transfer the management and platform service fees.

One of the main benefits to using our platform to procure new property developments is the use of our management services. Although, this page makes us look more like a realtor, we are not.

We provide a management service to property investors looking to diversify their portfolio abroad. Which will include managing the entire sales process, negotiations with the Property Developer, Interior Designers and Contractors. In addition, we'll help you set up a bank account and perform all the legal legwork.

In a nutshell -- with your investment you will receive:

  • Full management of the procurement process
  • Organisation of all legal and bureaucratic procedures
  • Regular construction updates & photographs
  • Ability to pay with instalments
  • Payment is not required through our platform
  • Fully Managed after purchase; including Tenant Sourcing & General Management
  • Everything can be viewed & managed from your Investmart account

No. There is no need to transfer a credit card nor a bank account number on the website. All the payments within the framework of the purchase are carried out by personal bank transfers.

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