Ground Floor Studio Apartment in Vilnius

Spacious Studio Apartment on the Ground Floor of the OZO Kvartetas Project. 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.

Ground Floor Studio Apartment in Vilnius

Spacious Studio Apartment on the Ground Floor of the OZO Kvartetas Project. 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.

Apartment Price
€38,500

Total Investment
€52,396

Status
Completion by May 2020

Parking Space
Additional - €7,000

Apartment Size
22.62 Sqm Flat + Terrace

Developer
REWO

Floor
Ground

Yield + Capital Gain
5.5%

Apartment Price
€38,500

Total Investment
€52,396

Status
Completion by May 2020

Parking Space
Additional - €7,000

Apartment Size
22.62 Sqm Flat + Terrace

Developer
REWO

Floor
Ground

Yield + Capital Gain
5.5%

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Characteristics: The OZO Kvartetas Project is a complex of 4-buildings, with 1 & 2 room apartments between 22-33 square metres. To date two of the buildings have been completed and the others are in the advanced construction stages. Additional features include parking and inner courtyards.


Location: The project is centrally located between the Snipiskes, Zirmunai and Verkiai districts. Furthermore, the complexes are around a 10-15 minute drive from the Vilnius's Old Town. Local amenities in the area include OZO Park, schools, nurseries, shopping malls and essential public services.


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 5-5.5% 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.

(Source: Ober Haus)

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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

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: € 38,500
  • Finishing Works & Furnishing: € 9,000.
  • Parking Space: €7,000 (not-mandatory).

Non-Developer Costs

  • Legal Expenses that accompany the transaction €2,000.

Investmart Costs

  • 5% additional cost added for the Management Services.

All you need to do is click "continue" follow the steps, agree to the terms of our Management Agreement and click invest. We will manage everything from there. 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--if requested) 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.

The management services provided by the Investmart group are divided into two stages:

1. Management services during the construction period;

2. Property management services. Further details can be found at our management services page.

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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