Start of Kražių Namai apartment development project (Vilnius city centre)

Merko Bustas, part of AS Merko Ehitus group, has launched and started construction of the Kražių Namai development project, located in the city centre and near the old town of Vilnius. Modern Kražių Namai apartment development project will be one of the first residential buildings in Lithuania with energy class A.

Kražių Namai development project consists of two three-storey buildings with 27 apartments in total. Thanks to the energy class A, the apartments are characterized by low heating costs; each apartment has a balcony or a terrace. The parking lot and storage facilities are located on the underground floor. There are only four apartments in each staircase, which together with locked courtyard add privacy and safety. The price per square metre of the apartments is in range from 2,170 to 3,200 euros. The architectural solution is made by Tadas Balčiūnas architecture bureau.

The gross area of the two buildings is approximately 2,400 m² and the total value of the development project is in a range of EUR 3-3.5 million.

Merko has developed and constructed in Lithuania (www.merko.lt) several apartment development projects, including Bajorų Dominija last phase, completed this year. In the Baltics, Merko has developed and built homes for thousands of families. To ensure the best quality and convenience for homebuyers, the company manages all phases of the development: planning, design, construction, sales and service during the warranty period.