Construction Begins on 4th Stage of Vilneles Skverai Project
New Developments in the Vilneles Skverai Project
UAB Merko B?stas, a valued member of the AS Merko Ehitus group, is excited to announce the commencement of the fourth stage for the Vilneles Skverai residential project. This development is situated at the edge of Vilnius' Old Town and promises to enhance the residential landscape significantly.
About the Fourth Stage Launch
This new phase encompasses six modern apartment buildings that collectively offer 318 apartments. The construction efforts have kicked off with the initial phase, focusing on the underground parking complex along with the first three residential buildings.
Construction Schedule and Features
Targeted completion for this phase is set for the latter part of 2026. The architectural design features buildings that rise 6 and 7 stories. Notably, all structures will achieve an impressive energy class rating of A+, aligning with contemporary energy efficiency standards.
Amenities for Future Residents
Each apartment will be equipped with generous balconies or terraces and a state-of-the-art heat-recovery ventilation system, ensuring a continuous flow of fresh air throughout the units. Beyond just living space, the underground garage will provide ample parking, storage solutions, and electric vehicle charging stations. Apartment sizes range from cozy one-room layouts to spacious four-room options, varying from 25 to 93 square meters, with prices starting at 3,480 euros per square meter.
Vilneles Skverai: A Community-Centric Vision
The overarching plan for the Vilneles Skverai neighborhood encompasses a total of 26 residential buildings that will house over a thousand apartments. This thoughtfully designed area will foster community interactions featuring green spaces, children's playgrounds, and inviting recreation areas.
Previous Phases and Market Success
In the earlier stages of Vilneles Skverai, Merko has successfully erected 20 residential buildings, which account for 750 apartments, with a remarkable sales rate over 95%. This indicates strong market interest and commitment to the development's vision.
Contact Information for Further Inquiries
For more detailed inquiries about the project, you can reach out to UAB Merko B?stas CEO, Mr. Saulius Putrimas, at +370 5210 5330. For finance-related questions, contact Urmas Somelar, Head of Finance at AS Merko Ehitus, through the phone number +372 650 1250.
AS Merko Ehitus is dedicated to constructing buildings, developing infrastructure, and shaping a promising future. Operating across Estonia, Latvia, and Lithuania, the group employs a workforce of 605 with projected revenue reaching EUR 539 million.
Frequently Asked Questions
What is the Vilneles Skverai project?
The Vilneles Skverai project is a residential development in Vilnius featuring multiple apartment buildings designed to create a vibrant community.
When is the fourth stage expected to be completed?
The completion of the fourth stage is scheduled for the latter half of 2026.
What types of apartments are available in this project?
The project offers a range of apartments from one to four rooms, with sizes varying from 25 to 93 square meters.
What amenities will be included in the apartments?
Amenities include spacious balconies or terraces, energy-efficient ventilation systems, underground parking, storage rooms, and charging stations for electric vehicles.
Who can I contact for more information about the project?
For inquiries, you may contact Mr. Saulius Putrimas at +370 5210 5330 or Urmas Somelar at +372 650 1250.
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