Construction and development of a new modern residential estate in a prestigious location in Ginduliai, Klaipėda district. Each private house has been assigned a land plot of 4 to 6 ares.

Floor area: 2410 sq m

Purpose: private houses.

Project scope: 28 buildings (single-storey private residential buildings sized 80 to 90 sq metres).

Features: Energy Class A+ buildings ideally suited for the installation of sustainable and innovation solutions and for ensuring low energy consumption.

The first residential estate, Pakrantės Alėja I in Trušeliai, saw a great demand, thus a decision was made to continue development of the project. As a result, the second residential estate, Pakrantės Alėja II, in Ginduliai was placed on the market. The residential estate under development is strategically located just 4 to 5 minutes away from the city centre of Klaipėda. There is a sports ground and several shopping centres in the vicinity of the residential estate. It is expected that the residential estate in Ginduliai will be ready to welcome its first occupants by the end of 2020. The project is scheduled to be completed by the spring of 2021.

Young families will be offered a state-funded subsidy for their first-time housing purchase in Pakrantės Alėja II. The state compensation provided for real estate purchases from this project ranges from €13,000 to €26,000 per housing unit.

Execution date: 2020–2021