Land Alytus, Lithuania

INDIVIDUAL INVESTMENT PROJECT IN ALTUE BEING 7,6 HA PILLED AREAS FOR DEVELOPMENT The largest, solid residential parcel array for sale Alytus city is a unique opportunity to purchase an exclusive real estate project in Alytus, Punsko Street, covering over 7.6 ha, of which 1,3222 ha are already ready for multi-apartment construction with a valid construction permit. The territory has already designed a complex of 5 apartment blocks, one of the buildings is 67% complete. This means that the investor not only acquires the land, but also the real start-up of a project that significantly shortens the development time and reduces risks. The project provides an opportunity to create a high-return multi-apartment segment, while developing the rest of the territory in stages (individual houses, cottages, extra flats). WHAT IS THIS PROJECT DIFFERENT? ✔ 5 blocks with valid building permit The project has already been prepared and agreed: construction can be started or continued immediately. ✔ Construction started (67% completion) One apartment is already partly built, which saves time and reduces the risk of development. ✔ High building intensity per site On the basis of the above, the Commission concludes that the measure constitutes State aid within the meaning of Article 107 (1) TFEU. ✔ Fully developed infrastructure concept Intended access, engineering networks and streets - the project is ready for real implementation. ✔ Strategic and Growing Locations The area is located in an active Alytus development area with improved communication and infrastructure. ✔ Large, solid 7,6 ha array A rare offer on the market - allows the project to develop in stages and create the entire residential quarter. ✔ Natural and urban balance A quiet environment near the green area, but at the same time close to the city infrastructure - attractive for the final buyer. ✔ Lower development costs Nearby engineering networks (water, electricity, waste water, gas) make it possible to optimise investment. The internal street of category D2 is designed for a corridor of 0.7122 ha for networks. HAS ADOPTED THIS DECISION: 1. Punsko g. 1 (Unique Nr. 4400-0822-3863) - main use of the article: Other - Land use: Residential areas - Nature of use of the land: Construction of multi-storey and high-rise dwellings - Land area: 1,3222 ha - Agricultural area: 1,3222 ha - Type of measurements: Land plot formed by cadastral measurements - Status: Fully divided into smaller plots according to the design project (ZSFP No 52989). Ideal for the construction of single / double-deck and medium-altitude blocks. - Value: This is the most intensive construction area for high-rise buildings that generate the highest profitability of the project. 2. Punsko g. 1A (Unique Nr. 4400-0469-8928) - main use of the article: Other - Land use: Residential areas - Nature of use of the land: Construction of multi-storey and high-rise dwellings - Area of land: 6,3310 ha - Agricultural area: 4,8520 ha - Type of measurements: Land plot formed by cadastral measurements - Status: Fully divided into smaller plots according to the design project (ZSFP No 52989). Ideal for the construction of single / double-deck and medium-altitude blocks. - 3. Building - Living house (4400- 1293- 3410) - Address: Punsko g. 1D, Alytus - Unique item number: 4400-1293-3410 - main use of the article: Residential (three or more apartments - apartment buildings) - Condition: Not finished - Year of commencement of construction: 2007 - Year of completion of construction: 2008 - Completion rate: 67% - Wall: Block - Roof cover: Ruberoid - High number: 3 - Total area: 1872.02 sq.m - Useful area: 1269.63 sq. m. - areas of species / crust: 45.75 sq. m. - Garage area: 504.88 sq. m. - Volume: 6488 cubic m - Surface covered: 619.00 sq. m. - Restoration costs (value of construction): 894347 Eur - Recoverable value: 894347 Eur - Date of reset: 2008-11-19 - Average market value: EUR 296000 - method for establishing the average market value: Mass assessment - Date of mid-market valuation: 2021-06-11 LOCATION - STRATEGIC AXIS FOR ALYTAUS DEVELOPMENT - Walk and bicycle paths: Areas are directly adjacent to recreation areas, forests and a network of paths. - Commercial activity: In just a few minutes all major shopping centres (Lidl, Maxima, Rimi), sports clubs and schools are available. - Freedom of development: The plot array is spacious, free of old static or difficult restrictions. WHAT IS THIS PROPOSAL THE BEST MARKET? • Capital efficiency from day one You do not acquire an "idea" but a structured project with a clear development logic - the investment starts working immediately. • Scale economy in one object Large, solid area allows optimal design, construction and sales - lower cost per square, higher margin. • Flexible development strategy The project can be realised in stages, in terms of cash flow management and adjustment to market cycles, which significantly reduces financial risks. • High liquidity in different stages The ability to realise both parts (parcels or stages) and the whole project - ensures a variety of exit strategies. • Competitive advantage in sales The balanced area allows the product of different segments to be developed in one place - a wider audience of buyers and faster sales. • Controlled project quality Single development ensures architectural consistency and a higher total value of the block, which directly increases the final price. • Clear value growth scenario The project focuses on development in a growing part of the city, so the increase in value is based not only on construction, but also on the progress of the location. In short: it is a proposal that allows for effective investment, flexibility in managing and maximising market potential. PRICE AND INVESTMENT OPPORTUNITIES - Total cost for the whole project: 1 499 000 EUR (including VAT) The cost of the project is lower than the total potential value of the realisation after the development phases after the evaluation of the permits, the design of the infrastructure and the development of the multi-apartment. - Flexible acquisition structure Option to combine a transaction model with an investor's needs (step-by-step development, partial acquisition or design cooperation). - Ability to realise individual plots The structure of the project allows for the partial sale of formed residential parcels to natural persons, and the price and conditions of realisation are adjusted individually, taking into account the market situation and development stage. This is not just a land - it is a fully prepared development platform that allows you to start design and construction immediately. * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * For more information, please contact by phone or e-mail: If this RE object is not suitable, please contact us - I will offer alternatives. You sell or buy real estate? Please contact me - I consult on all issues of real estate, determine the market price of your real estate. I also carry out a search for your wanted real estate. You can find all the latest CAPITAL real estate ads on our website www.capital.lt. Please visit! Eimantas Andreikevičius Tel. No E-mail: https: / / www.capital.lt / en / eimantas-andreikevicius-b2889 You can find all the latest CAPITAL real estate ads on our website www.capital.lt. Please visit!